A good name might not be worth what it used to be Oct 21, 2008
The Baltimore Ravens played at PSINet Stadium until PSINet went bankrupt. When Adelphia Communications Corp. collapsed in a financial scandal, so did its deal to sponsor the Tennessee Titans' stadium. (San Diego Union-Tribune -- Sports)
Meltdown sparks ID crises for sports arenas Oct 3, 2008
Enron Field became Minute Maid Park, and names like PSINet Stadium and CMGI Field vanished ... The Baltimore Ravens had to change the name of their stadium PSINet Stadium after the Internet company filed for bankruptcy. (MSNBC -- Business)
A Casualty of the Financial Crisis: Sports Sponsorships Sep 17, 2008
Enron, PSINet, Trans World Airlines and WorldCom all paid out for naming rights at U.S. sporting arenas before going under earlier this decade. In fact, sponsors of major U.S. sports stadiums lost an average of 33% of their market value in 2002, roughly double the Dow's fall that year. (Time.com)
An Online Brokerage Taps Into Cause-Committed Investors Aug 11, 2008
Foliofn was created in the shadow of Washington's finance companies -- firms such as Friedman, Billings, Ramsey Group and -- and its tech giants -- AOL, WorldCom and PSINet. But if it were just an online brokerage, Foliofn might have been better located in the finance centers of New York and Chicago or tech king Silicon Valley. (Washington Post -- Technology)
Future Army-Navy Game Locations Jul 21, 2008
This was once known as PSINet Stadium, where the 2001 game was held. It was played last year in Baltimore at My-Navy will likely always play at least every five years in Baltimore and the city could be a major player to grab Army-Navy for a long stretch. (ArmySports.com)
What's in a name? When it comes to stadium naming rights, it all depends Dec 1, 2007
The practice has lead to some dubious names: 3-Com Park in San Francisco, PSINet Stadium in Baltimore and up until recently, Enron Field in Houston. In the Capital Region, the former Knickerbocker Arena became the Arena in 1996, and though not many residents of Albany mourned the loss of the Dutch settler namesake, being part of the soft drink giant's marketing plan (along with Britney Spears) might seem a bit mercenary to some. (Albany Business Review, NY)
Wages high in D.C., counties Feb 22, 2007
"A lot of federal contractors have technical-type jobs and they tend to pay very well. Some remnants of the telecom industry are coming back, and a little bit of it is the army of lawyers trying to influence the lawmakers." Mr. Vitner noted that Washington's revival in the 2000s has been a "stealth boom" compared with the Internet and technology-driven boom of the 1990s, when internationally famous companies like AOL, WorldCom and PSINet were leading the economy but fell hard or went belly up... (Washington Times)
