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10-24-2022, 06:08 AM | #13216 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
At least they’re addressing the limits. They didn’t for a long time and deserve credit for it. I was thinking recently, when is the last time we had a protracted recession? It’s goddamn .com bubble/9-11. 08 housing crisis was severe but not protracted - shit was right back up there 8 months later. It is looking like this one is going to be with us awhile. So OK, shit 23 years ago. It’s hard to wrap your mind around how many people in the market today have not had exposure to a protracted recession in the stock market. Hell, I was paying attention but I didn’t have any money in. That is the scary thing to me. |
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Posts: 56,956
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10-24-2022, 06:57 AM | #13217 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Excellent points, correction noted and agreed!
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Posts: 50,854
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11-09-2022, 04:35 PM | #13218 |
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Join Date: Jan 2009
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Yeah... I think I'll move most of my Tesla money elsewhere.
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Posts: 63,918
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11-18-2022, 10:46 PM | #13219 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Only an ancillary relationship to the thread, but not thread worthy. In fact, I'm probably the only ****er that gives a shit, but the whole Theranos thing still blows my damned mind.
Elizabeth Holmes got 11 years for all the massive ****ing fraud and absolutely endangered the health of many customers and employees. It was more than I expected, especially since she's been chillin for the last 7 years. But given the blatant bullshit she slung, it's pretty light. Maybe not through precedent, but in principle. ****ing Crazy ****. https://www.cnbc.com/2022/11/18/form...in-prison.html |
Posts: 56,956
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11-18-2022, 11:42 PM | #13220 | |
Spooky Action
Join Date: Dec 2003
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11-19-2022, 01:11 AM | #13221 | |
Stay down bitch!
Join Date: Jun 2001
Location: Plano, TX
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Posts: 9,190
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11-19-2022, 02:25 AM | #13222 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
It got much more into the math of just how bad the efficacy of their tests were. It was real ****ing bad. But the really interesting part is the family dynamics in the Schultz family. The ****ing old man general was bamboozled hard. Like cult level shit. Weird man. |
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11-19-2022, 06:44 AM | #13223 | |
Why so serious?
Join Date: Dec 2016
Location: Chicago
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Posts: 12,401
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11-19-2022, 11:30 AM | #13224 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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I met George Schultz in San Fran during a dinner for Shanghai Mayor Xu Kuandi , shuck hands that had Secret Service nearly jump me, spoke with him until his social climbing **** of a wife Charlotte Millard Swig Schultz dragged him away.
This was over 20 years ago and he seemed like a clueless lost old pussy whipped man. Not surprised he got swindled. |
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11-19-2022, 02:28 PM | #13225 | |
It's just a ride.
Join Date: Dec 2010
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11-19-2022, 03:19 PM | #13226 | |
Stay down bitch!
Join Date: Jun 2001
Location: Plano, TX
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Posts: 9,190
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11-19-2022, 03:27 PM | #13227 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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I feel like she got off really light. When all is said and done, she'll likely spend 2 or 3 years in a country club prison and you know she's got countless millions of dollars hidden away. For her, crime will pay quite well.
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Posts: 141,719
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11-19-2022, 06:14 PM | #13228 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
Most of her ridiculous wealth was based on her fraudulent stock price. I mean I think she had a pretty posh expense account, but I’m not sure any of that translated to transferable wealth. Hopefully not anyway. At least that’s what I choose to believe. |
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Posts: 56,956
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11-20-2022, 08:44 AM | #13229 | ||
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
https://news.yahoo.com/elizabeth-hol...LgeiR4ai_X1B2a Long dumb click baity article but here is the important part. Quote:
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Posts: 56,956
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11-21-2022, 01:03 PM | #13230 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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So Bob Iger is now the CEO of Disney…again?
That is pure insanity. Iger hand picked his successor, retired, GE style. Then he knee caps that fool and is back as the CEO again. Disney is a giant ass company and this is major drama. I know there are Disney stockholders here (I sold mine), it will be interesting to see how it affects the stock price. I’ll definitely buy the book of this whole fiasco. |
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