More King Canute

CapeCodTimes.com – Nantucket dredging targets bass fishing grounds

Ah, Nantucket. Home of the more-bucks-than-brains contingent. These rocket scientists, beach dwellers, are flipped out that the Atlantic is about to eat their mansions. So what is the plan? Dredge up an off-shore sandbar — known as a rip — and dump it on the beach. Brilliant. $23 million about to get blown out to sea by the next big storm.

“NANTUCKET — Island fishermen are worried that a plan to dredge 2.6 million cubic yards of sand from west of Bass Rip Shoal will harm the fertile fishing ground.”The $23 million erosion-control project calls for dumping enough sand to widen the beach and reshape the collapsed bluff along a 3-mile stretch of Nantucket from Sesachacha Pond to Codfish Park.

“The heaviest erosion has occurred along the base of Baxter Road, summer home to some of America’s wealthiest families. Many of the property owners have already spent millions of dollars in an attempt to stem the tide.

“But island fishermen fear the dredging project — the largest public works project in island history paid for by private citizens — could destroy the area known as a rich bass fishing spot and hurt local commerce.”

Yahoo to Buy Online Ad Company Right Media – Mergers, Acquisitions, Venture Capital, Hedge Funds — DealBook – New York Times

Yahoo to Buy Online Ad Company Right Media – Mergers, Acquisitions, Venture Capital, Hedge Funds — DealBook – New York Times

Let the ad serving games begin.

“Right Media, a four-year-old company, runs an exchange in which advertisers and publishers buy and sell online ad placements in real time through an auction system. DoubleClick, which specializes in serving ads on Web sites, announced recently that it would develop a similar type of exchange. Online publishers are increasingly turning to exchanges like these to sell ad space on their sites.”Since the DoubleClick deal, takeover speculation has also surrounded other online advertising companies like aQuantive and ValueClick and 24/7 Real Media.”