thank you cupcakesAnyone who lives in NYC knows that gourmet
cupcakes have been a major craze for years now, and the only
thing that's shocking, really, is that it hasn't abated.  Dan
Gross was declaring a cupcake bubble back in 2009.  NPR wondered
about the same thing last summer.  But of course you can't
actually have a bubble without some kind of tradeable
instrument. It's not enough that they be popular.  Well,
probably solved. According to Peter Lattman, Crumbs Bakery is
going public in a reverse merger worth $66 million.  Crumbs,
which is the largest chain of cupcake bakeries, did $31 million
in revenue and $2.5 million in income in 2010. The company's
top-selling product cost $3.75.  The deal will close next month.