Styleforum › Forums › Culture › Business, Careers & Education › Talking stocks, trading, and investing in general
New Posts  All Forums:Forum Nav:

Talking stocks, trading, and investing in general - Page 700

post #10486 of 11601
Quote:
Originally Posted by brokencycle View Post

Good news for me because I don't like anyone.  Except you and MrG of course.

WTF?
post #10487 of 11601
Quote:
Originally Posted by stimulacra View Post

Any thoughts of WFT? I know they're over leveraged and a likely candidate for bankruptcy but with the latest news regarding OPEC looks like they might get a nice lift in the short term.
I have no particular knowledge of that company, but "they're generally going to shit but an external event that everyone else also knows about might give them a short-term bump" strikes me a dubious investment rationale.
But if I knew what I was talking about I wouldn't still be a wage slave, so ...
post #10488 of 11601
Quote:
Originally Posted by stimulacra View Post

Any thoughts of WFT? I know they're over leveraged and a likely candidate for bankruptcy but with the latest news regarding OPEC looks like they might get a nice lift in the short term.

No idea if that's a good investment decision but I can tell you that Weatherford is a shit company to work for. I knew a few people that worked there at one point in time and they pay really well but work you like dogs, no one is willing to sign off on anything and take responsibility, and is mess internally.
post #10489 of 11601
Quote:
Originally Posted by Piobaire View Post


WTF?

 

Bro, you didn't chime in and tell me how I was your favorite among new posters like they did. </3

post #10490 of 11601
Quote:
Originally Posted by idfnl View Post


Your original idea is a contradiction... on the one hand state actors are shit, on the other we should use state actors to adjudicate a suit against WFC. Makes no sense.

Elected or not, they are the same actors in either situation. And elected... how great is that working for everyone? This democracy thing, it's really an awesome system where everyone is heard and is held to scrutiny come election time. Congress approval at like 9% but the same pieces of shit get elected again. Makes perfect sense.

You're butting up against self interest, and unfortunately getting elected, appointed all of it is fraught with misaligned incentives.

It's not so much as me being lazy as it is exposure of your pie in the sky ideas.

 

You're right, getting companies to manage themselves better is pie in the sky compared to getting government actors to solve the problem with more jail time for their biggest donors which is perfectly sane and rational.

 

Again, I tried to clarify the difference between civil and criminal court, but look at the many high profile criminal cases we have had in the last year that were heavily politicized and some of which were clearly prosecuted for political gain when the evidence clearly wouldn't sustain the charge.  But you're right, let's just lock them up.

I'm done with this secant because it isn't about stocks/investing and wading into CESpool territory.

post #10491 of 11601
That House committee seems to just want to get their soundbite so that they can justify their own jobs to their constituency.

WFC was compared to Enron? Ridiculous.

WFC has 265,000 employees, so 5000 of them over the course of 3-4 years had to be fired for poor conduct and the problem was not stamped out as quickly as it should have been. I dont think that makes the company Enron and doesn't make for jail time for the leadership.
post #10492 of 11601
Quote:
Originally Posted by brokencycle View Post

Bro, you didn't chime in and tell me how I was your favorite among new posters like they did. </3

I didn't think it needed to be said. fistbump.gif
post #10493 of 11601
Quote:
Originally Posted by brokencycle View Post

You're right, getting companies to manage themselves better is pie in the sky compared to getting government actors to solve the problem with more jail time for their biggest donors which is perfectly sane and rational.

Again, I tried to clarify the difference between civil and criminal court, but look at the many high profile criminal cases we have had in the last year that were heavily politicized and some of which were clearly prosecuted for political gain when the evidence clearly wouldn't sustain the charge.  But you're right, let's just lock them up.


I'm done with this secant because it isn't about stocks/investing and wading into CESpool territory.
Most important difference is that when I was in private practice my rates were higher for criminal work.
post #10494 of 11601
Quote:
Originally Posted by SkinnyGoomba View Post

That House committee seems to just want to get their soundbite so that they can justify their own jobs to their constituency.

WFC was compared to Enron? Ridiculous.

WFC has 265,000 employees, so 5000 of them over the course of 3-4 years had to be fired for poor conduct and the problem was not stamped out as quickly as it should have been. I dont think that makes the company Enron and doesn't make for jail time for the leadership.


5,000 is a lot of people. That's enough for a genocidal army. Surprised you downplay such a huge number.
post #10495 of 11601
Quote:
Originally Posted by Piobaire View Post

I didn't think it needed to be said. fistbump.gif

All will be forgive when i get an invite to check out the sweet new yard and learn about fancy wine. smile.gif

Quote:
Originally Posted by lawyerdad View Post

Most important difference is that when I was in private practice my rates were higher for criminal work.

Well if the lawyers are losing out in this deal, I'm even more in favor.
post #10496 of 11601
So back to the market...what happened to tank it towards the end of the day? Yesterday our portfolio hit yet another highwater mark and then the tide went out today.
post #10497 of 11601
Pio over the next 15 years your portfolio will be hitting a high water mark roughly 1/3 of the time.
post #10498 of 11601
Quote:
Originally Posted by SirReveller View Post

Pio over the next 15 years your portfolio will be hitting a high water mark roughly 1/3 of the time.

What happens in year 16?
post #10499 of 11601
Lol

Pandemic..return of the Messiah. My composite leading indicators all point to one of these two outcomes.
post #10500 of 11601
Jeez on AMZN.
Quote:
Originally Posted by SkinnyGoomba View Post

That House committee seems to just want to get their soundbite so that they can justify their own jobs to their constituency.

WFC was compared to Enron? Ridiculous.

WFC has 265,000 employees, so 5000 of them over the course of 3-4 years had to be fired for poor conduct and the problem was not stamped out as quickly as it should have been. I dont think that makes the company Enron and doesn't make for jail time for the leadership.

I'd be curious what the normal churn is for a Fortune 500 company. Wells Fargo doesn't seem out of wack for that - but it makes for a nice headline though. Why would execs get jail time because of asshole line workers? It's not as they enabled it.
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Business, Careers & Education
Styleforum › Forums › Culture › Business, Careers & Education › Talking stocks, trading, and investing in general