Thursday, December 11, 2008

And what do these people know that others don't?

How to Pay for Your Caribbean Getaway
Conde Nast Portfolio Magazine

If you've been laid off from your Wall Street job and have little more to show for it …

If you've been laid off from your Wall Street job and have little more to show for it than a bunch of worthless stock from your former employer, the cool, blue Caribbean waters are calling you this winter.

Or more specifically, the Elite Island Resorts are calling you. Times are evidently so tough on the islands that this luxury hospitality group will let guests pay for their vacations with shares of stock -- at prices from July 31, 2008.

What's the catch? It appears there isn't one. The financial advisors to Elite Island Resorts must believe stocks are going to rebound quite nicely over the near term.

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