The gospel according to Sheldon

“People like to blame somebody,” he says. Exhibit A: Sheldon Adelson, whose operative motto is clearly, “When in doubt, find a scapegoat.” If you’re looking for accountability, the executives offices of Las Vegas Sands are the wrong place in which to seek it. Unlike papal infallibility, the Adelsonian version is unconditional. But I doubt the CEO is much bothered by the mathematics employed by ABC News, which confuses cash flow with profit. As with analyst meetings Sands held during Global Gaming Expo, there seems to be a gentleman’s agreement not to discuss the white elephant that is Sands Bethlehem, a project that — at its present snail-like pace — is unlikely to see completion in Adelson’s lifetime.