Immelt was pumping GE stock at $30, and even sent an email to everyone who worked at GE, back in 2006, apprising them of the fact that he spent a...
And shareholders, in the past decade, have lost well over half the value of their investment in the stock markets. Why aren't shareholders...
Yeah there's a reason all right -- most engineers have an eye towards sustainability. But Board of Directors are only interested in what happens...
Surely, you mean 'incompetent'. Seriously, there's no magic skill involved in being a CEO. All those people have extensive armies of risk...
It wouldn't be hard to find very competent individuals for $200k, to run America's banks. The current salaries paid to people working in the...
The USA has got to be one of the most 'overbanked' countries on earth. So a reduction in capacity is perfectly rational, and will only make...
If the amounts are reasonably small, it takes them a while to accrue interest. But rest assured, the interest is accruing, and they will deduct...
What??? The market is still down 30-40% from the peak. Housing (not that it matters) is down. The MBS that sit in most retirement portfolios...
Good news for the USA I guess.
How long till China finally figures out the entire US economy is just one giant circle-jerk??
Ick! Isn't this pretty much the epitome of insurance fraud?
That's pretty rare, not the rule, but rather the exception. Maybe 10-15 years ago, and you inflation-adjusted the figures, but definitely not...
So we have an economy based on ass kissing, how well a person communicates, and fluffery. Not one based on intelligence, skill, integrity, and...
How far up to we need to go in order to get the 'small' investor, who has lost a good chunk of value on their house (bubble popped), and in tech...
A 50-year old, 2-bedroom, condo conversion for $170k? Good lord.
The banks are lending. They're lending to participants in the stock market who are driving it up, thus, eventually, making equity financing less...
"biggest boom of our time"? WTF are you talking about? You mean the decade where practically everyone doing stuff of value lost their jobs? The...
2000-2009 = "the lost decade" -- maybe?? How quickly people seem to forget that the market has gone absolutely nowhere for the past decade.
Why would Buffet tell the world his true plans? So people could front-run him? Dumb. Warren B. is a pretty smart man. Although maybe he's a...
Why can't they? If all the debt was wrung out of real estate (which it may very well be...eventually), then prices would be such that someone...
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