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Bank of America's Lewis Goes Packing

Lewis's legacy?

Leaves behind a fraud-infested bank stained with serial scandals, and millions of alienated bank and brokerage customers, tens of thousands of sacked employees, and BAC shareholders whose investments have been dramatically debased.

Lewis also leaves with a massive personal fortune paid to him in return for undeniably shabby "leadership" performance!

...funfun..

Gone Nowhere in 8 Years

Driven by stunningly incompetent and unethical Management, DuPont has gone rigourously nowhere for more than 11 years. DD has plummeted from a peak in the mid-eighties in May 1998 to 31 and change, Friday, Sept.11, 2009 on much fewer outstanding shares. The total market value of the much shrunken DuPont has collapsed from $110 billion to $29 billion today. ...funfun..

Gone Nowhere in 8 Years

Driven by stunningly incompetent and unethical Management, DuPont has gone rigourously nowhere for more than 11 years! DD traded in the mid-eighties in May 1998; it now trades for 31 and change on much fewer outstanding shares. The total market value of the much shrunken DuPont has collapsed from $110 billion to $29 billion today!...funfun..

Cramer's Mad Money - Obama's First 100 Days (4/27/09)

DuPont's bounce-back since January is highly suspect because it appears some traders and investors are NOT factoring in--

(a) the yearly dividend of $1.64 is highly likely to be slashed in the midst of DuPont's cash flow famine and systemic weakness throughout, and more significantly,

(b) the unfolding BIG BLACK HOLE in Pharma earnings. Over $1 billion yearly in DuPont Pharma PTOI will soon disappear with the sure and certain expiration of two DuPont drug patents, Cozaar® and Hyzaar®. These patents and their exclusivity are the only assets left in DuPont's fading and phased-out Pharma "platform".

$1 billion-plus yearly in PTOI goes "POOF"! ...funfun..