Published by Mr. Contrarian
So. It appears that Somali pirates hijacked a saudi oil tanker.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aLIc4IJL141M&refer=home
Amazing, a tanker that holds one-quarter of Saudi Arabia’s daily oil output. Not a small boat. Now, you gotta watch Kevin O’Leary’s comments on the average IQ of these pirates. See:
http://watch.bnn.ca/squeezeplay/november-2008/squeezeplay-november-17-2008/#clip113408
The clip runs from 6:00 to 7:30. Kevin calls them “real bozos on a bus”. […]
. Nov 17, 2008
Filed under: Kevin O'Leary, bnn.ca, Kevin O'Leary, pirates, saudi oil tanker, Squeeze Play
Published by Mr. Contrarian
Hot off the presses. Taxpayers’ money being thrown after mis-managed, unsound businesses being run by idiot management. ie, GM, Ford, and Chrysler. Now? The latest is a stalement in the US Congress:
http://www.google.com/hostednews/ap/article/
ALeqM5gfg3wahhWYeWNcAwtQuN9xWH0Z9QD94GU19G1
Making cars is a cut-throat business. Profit margins are slim, and product lead-up times run into the years, so strategic decision-making is a necessity. […]
. Nov 17, 2008
Filed under: Automotive, bailout, bankruptcy, Big Three, Chrysler, Ford, GM, GMAC, restructuring
Published by Mr. Contrarian
By the way, Mr. IBOFB:
Further to my above comment that size is irrelevant, and my previous comment that the key metrics to look at are: market share gains, profitability, and cash-flow.
Do keep in mind that for the calendar year-ending Dec31/2007, GM was still (by a narrow margin) the largest automaker in the WORLD!!! Most units […]
. Nov 17, 2008
Filed under: Amway, Automotive, Alticor, Amway, Artistry, Avon, bankruptcy, Chrysler, Ford, GM, IBO, IBOFB, market share, MLM, Nutrilite, pyramid, Quixtar, scam
Published by Mr. Contrarian
no affiliation with me. This blog is maintained by a gutsy CPA, MBA, and I love this, only in America, “Certified Fraud Examiner”. She has a posting up on why she questions the business model of Amway.
Obviously, she is a numbers person, as her data and logic is similar to mine.
http://www.sequence-inc.com/fraudfiles/2008/07/21/amway-sucks-quixtar-sucks-alticor-sucks/
. Nov 17, 2008
Filed under: Amway, Alticor, Amway, downline, fraud, fraudfiles, IBO, IBOFB, MLM, pyramid, Quixtar, scam, sucks, Tracy Coenen, upline