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http://online.wsj.com/article/SB1193873694...s_us_whats_news
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Another article on JEC (mentions bridge)
#2
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Posted 2007-November-01, 09:59
When did the WSJ turn into a gossip column? Their editorial page has been dominated by wingnuts and wingnuttery for years, but used to be that their articles were worth reading.
I can't believe they'd print that allegation about smoking weed. Who cares? (except maybe the USBF BoD)
I can't believe they'd print that allegation about smoking weed. Who cares? (except maybe the USBF BoD)
"Maybe we should all get together and buy Kaitlyn a box set of "All in the Family" for Chanukah. Archie didn't think he was a racist, the problem was with all the chinks, dagos, niggers, kikes, etc. ruining the country." ~ barmar
#3
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Posted 2007-November-01, 10:08
Agree with Jon, although its pretty common for the WSJ to report on articles of this nature. A major investment bank is on the rocks, and the CEO is off golfing and playing bridge? Thats news.
I wonder if Ms. Kelly will show up at the Fall Nationals.
I wonder if Ms. Kelly will show up at the Fall Nationals.
"Phil" on BBO
#4
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Posted 2007-November-01, 11:30
"it takes periods of time for your reputation to recover".
Now that's something that I wish people would understand; not that it takes time, but that it will recover. Bear Stearns isn't going Chapter 7 any time soon; when you're a multi-billion dollar business, it doesn't make $300 million chump change, but it's less than 10% of the company. CEO's lay off 10% of their workforce all the time; often the company actually recovers from that short-term gain.
As a result of the issues in this story, everyone was panicking over the Dow's massive drop. If you were reading at the time, you would have thought that there were going to be investment bankers jumping out of windows soon.
You know, the one that it's recovered from and more in the last 3 months?
Buffett's got the right idea - buy interest in good companies and hold. Don't panic. Strangely enough, it seems to work. Don't try telling Wall Street or C*Os, though - they can't see past the Q4 results.
Michael.
Now that's something that I wish people would understand; not that it takes time, but that it will recover. Bear Stearns isn't going Chapter 7 any time soon; when you're a multi-billion dollar business, it doesn't make $300 million chump change, but it's less than 10% of the company. CEO's lay off 10% of their workforce all the time; often the company actually recovers from that short-term gain.
As a result of the issues in this story, everyone was panicking over the Dow's massive drop. If you were reading at the time, you would have thought that there were going to be investment bankers jumping out of windows soon.
You know, the one that it's recovered from and more in the last 3 months?
Buffett's got the right idea - buy interest in good companies and hold. Don't panic. Strangely enough, it seems to work. Don't try telling Wall Street or C*Os, though - they can't see past the Q4 results.
Michael.
Long live the Republic-k. -- Major General J. Golding Frederick (tSCoSI)
#5
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Posted 2007-November-01, 11:54
When I read this early this morning my first impression was, he is 73 and retired. He just has not announced it yet.
Would he really rather go to Gatlinburg in April(age 74ish) or work in NYC and make money he will never spend?
Would he really rather go to Gatlinburg in April(age 74ish) or work in NYC and make money he will never spend?
#6
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Interests:Travel
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Posted 2007-November-01, 13:25
jonottawa, on Nov 1 2007, 06:59 PM, said:
When did the WSJ turn into a gossip column? Their editorial page has been dominated by wingnuts and wingnuttery for years, but used to be that their articles were worth reading.
I can't believe they'd print that allegation about smoking weed. Who cares? (except maybe the USBF BoD)
I can't believe they'd print that allegation about smoking weed. Who cares? (except maybe the USBF BoD)
The WSJ has always had a good number of soft pieces.
Many people have expressed concern that Murdoch might want to dumb the paper down...
Alderaan delenda est
#7
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Posted 2007-November-01, 13:57
mike777, on Nov 1 2007, 12:54 PM, said:
When I read this early this morning my first impression was, he is 73 and retired. He just has not announced it yet.
Would he really rather go to Gatlinburg in April(age 74ish) or work in NYC and make money he will never spend?
Would he really rather go to Gatlinburg in April(age 74ish) or work in NYC and make money he will never spend?
I was thinking the same thing Mike, but I would have retired long ago so who knows what this guy thinks.
Please note: I am interested in boring, bog standard, 2/1.
- hrothgar
- hrothgar
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