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If we look at corporate performance in the early part of 2009, when we were going through a massive rationalization of corporate expense statements, companies were cutting costs by 20% or 25% in the face of serious sales declines.
FORBES: Good Buys In A Market With Room To Run
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The Public Accounts Committee said that as a result of the practice, parliament was not being given a full picture of the expense incurred by massive purchases.
BBC: Defence spending 'masked' by MoD
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In addition to the massive room expense, the MGM Grand added a new comedy club, Michael Mina restaurant, and what is sure to be a major Vegas attraction, a new five-story combination nightclub and restaurant spin off of London's famed Hakkasan, to debut in May.
FORBES: MGM Grand, Las Vegas
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In order to stop flood waters overwhelming central London and to save the massive expense of building fresh flood walls and defences, some land could be set aside to act as a safety valve, catching flood waters and storing them until the danger has passed.
BBC: London's drowning