sr9web

25 Companies That Lost America Nearly $1 Trillion

"As far as accuracy of numbers, this is irrelevant"

Buddy, you are an idiot...


On Mar 26 01:43 PM J Clinton Hill wrote:

> Gentle Readers,
>
> The purpose of this post is not to single out any specific companies.
> The original title at my website reads: Incentivized Management for
> Success or Failure: Only in America. SA's editors changed the title
> and as a result probably redirected the focus and intent of my article.
> I would strongly encourage you to check the primary source (hillbent.com)
> regardless of your impressions from reading.
>
> The post was from an email that a CEO friend sent to me and is not
> my own work. As far as accuracy of numbers, this is irrelevant. The
> fact remains is that we know many of the companies on this list have
> lost a LOT OF $$$ thru general incompetence. Period.
>
> Now, let's pretend or hypothetically consider that none of these
> companies were publicly traded on the exchanges and therefore were
> private entities. Let's also pretend that you, i.e. individually
> as the reader, owned these private companies in your portfolio. Given
> that many of these incurred massive writedowns and losses, would
> you as the owner of these businesses be awarding your managers of
> these companies bonuses like this in economic times like this? I'm
> not going to answer this question, but look forward to your responses.
>
>
> In the event that any of you would still consider paying out such
> hefty bonuses, please let me know if you have any positions available.
> I would love to have a job whereby my success or failure is decoupled
> from my incentive compensation.
>
> Sworn to fun and accountable to none... Only in America... God bless
> us all....

Popular New Year's Resolution: 'Stop Paying My Credit Card Bills'

"Citibank employees are all government employees now"

Indeed. and now that the USA is a part-owner of these big banks, shouldn't they be lowering the interest rate on charge card balances? We own the, so why are they gaffing us?


On Mar 17 10:17 AM Steve in Greensboro wrote:

> Citibank employees are all government employees now. The government
> never fires any of its employees for non-performance. That's what
> being a government employee MEANS. It means never having to perform
> in your job. Exhibit A: Barney Frank. Exhibit B: The SEC auditrix
> that "audited" Madoff, etc., etc. etc.

The IBM Industrial Average

the .DJI is top heavy - one must also watch SP500 for better clarity.

I watch both during my trading days

Let Warren Buffett Handle Your Portfolio

Buffett is a greedy wanker.

When he buys stocks, he insists on getting good yield via juicy dividends.

But Berkshire stock pays ZERO dividends.