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My question for LS:

How much longer do you plan to stay in business? Something tells me the "lose a half billion a year with an admittedly toxic and replicable model" won't cut it for more than a few more quarters of massive hemorrhaging of investor cash.

And yes, as other posters have pointed out, those new "jobs" are going to 20-something hipsters fresh out of college who probably won't make DC their long-term home anyway.

On the plus side, they won't be around by the time the abatement goes into effect...so perhaps the DC Council is wiser than we think...

by swested on Jul 5, 2012 6:48 pm • link • report

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