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davidmash 04-02-2020 11:24 AM

Quote:

Originally Posted by merc lover (Post 4028031)
I wish it had been a Nigerian Prince because I was one of the creditors who lost big $$$$$$ in the deal. Let's just say myself and thousands of other creditors and shareholders got a REAL lesson in Chapter 11 Federal Bankruptcy.

~yawn~

$10m for $5k and you fell for it? You deserved to lose it ... if it were true that is. Alex Jones has a better history of telling the truth than you do.

tbomachines 04-02-2020 11:47 AM

Quote:

Originally Posted by merc lover (Post 4027851)
Unfortunately, I am close to the situation and therefore unable to reveal identities due to possible conflict of interest.

That said, once upon a time, I worked for another fortune 500 company that eventually went bankrupt. One of the largest investment firms in the country called me up and asked me if I would be interested in purchasing ten million dollars in stock for the low low price of $5K. I mentioned that now that the company was bankrupt, the stock wasn't worth the paper it was printed on. I could hear the heavy sigh on the other end of the phone. "How could this happen? We NEVER SAW THIS COMING".

I'm always surprised at just how LITTLE some investors know about the inner and outer workings of the companies they are invested in.

Sometimes just a simple interface with the sales and/or customer service department will reveal a boat load of information.

Man you're really starting to slip. Used to have some pretty high quality BS stories, bring your game back!

Autoputzer 04-02-2020 01:03 PM

Quote:

Originally Posted by tbomachines (Post 4028049)
Man you're really starting to slip. Used to have some pretty high quality BS stories, bring your game back!

Actually, his last comment about insight is a pretty good one. My mother's co-worker ran a Ryder maintenance shop. He'd ***** to his wife that their biggest problem was that they couldn't buy enough trucks to lease to customers. Mom looked into Ryder, bought stock, and make a pile of money.

My cousin used to be a tree-hugging, socialist, hippy. But, she's worked hard, smart, and long. She's also lived well within her means (common among tree-huggers), and woke up one day a multi-millionaire.

There's a factory down the road from her where the parking lot was steadily getting fuller and fuller. Then it started being full at night, second shift. She did her research, bought stock in the company, and made a pile of money.

She's now intrigued by Range Rovers. A tree-hugging, socialist hippy intrigued by Range Rovers is no longer a tree-hugging, socialist hippy.

There are investment (and disinvestment) clues all around us. A lot of people saw this whole COVID-19 thing coming from literally 3000 miles away. I mostly got out at the end of 2019. As of March 31st, I'm only down about 2.5% in Q1 2020. A couple of my friends are down 30%.

vwnate1 04-02-2020 02:42 PM

Same Ol' Same Ol.....
 
I see once again husky man is making up stories as he goes along ~ so now he's a millionaire who runs major industries and is on corporate boards...


" Unfortunately, I am close to the situation and therefore unable to reveal identities due to possible conflict of interest.

That said, once upon a time, I worked for another fortune 500 company that eventually went bankrupt. One of the largest investment firms in the country called me up and asked me if I would be interested in purchasing ten million dollars in stock for the low low price of $5K. I mentioned that now that the company was bankrupt, the stock wasn't worth the paper it was printed on. I could hear the heavy sigh on the other end of the phone. "How could this happen? We NEVER SAW THIS COMING".

I'm always surprised at just how LITTLE some investors know about the inner and outer workings of the companies they are invested in.
"

In other words, more bull$#yte .

" I'm always amazed at the hiring practices of many companies. They place total morons in charge who then proceed at full speed to make every bad business/hiring decision they can in the least amount of time possible.
"

! Good thing they hired you right ? :rolleyes: .

Whew, they dodged a bullet there .

" I wish it had been a Nigerian Prince because I was one of the creditors who lost big $$$$$$ in the deal. Let's just say myself and thousands of other creditors and shareholders got a REAL lesson in Chapter 11 Federal Bankruptcy. " so now he's a Nigerian Prince.....

I know ~ husky man should go to Hollywood, they love far fetched fanciful storytelling....

merc lover 04-02-2020 03:10 PM

A top New York investment firm broker offering to sell ten million worth of stock in a defunct, bankrupt company sounds a little strange. It certainly did when he called me. I now believe he was concerned about getting sued by the investors he had steered into buying stock.

When a man makes a major bad financial decision, he becomes desperate and desperate men tend to do desperate things. Sadly, neither he nor his investors had taken one hour of their precious lives to step one foot into the 500+ retail stores to see first hand that both sales and customer service was NON-EXISTENT.

Men.

Zulfiqar 04-02-2020 03:15 PM

Quote:

Originally Posted by merc lover (Post 4027814)
I have first hand knowledge of a fortune 500 company that has placed two davids in positions of authority. On the minimum, their management decisions have cost the company millions. If only the shareholders had a clue.....

Interesting!

so an F500 company should not hire davids.

should they ask a shaman or an ouija board?

merc lover 04-02-2020 03:15 PM

I was sitting in the office of a trade school speaking with the recruiter. She asked me what I did for a living and I told her about the now-bankrupt corporation. She said, funny, her boyfriend just happened to be one of the high ups in the same company and that he worked at corporate headquarters.

He called her one day and said, "Honey, I'm thinking about selling our stock, I don't think we are going to make it".

She: "Have you been out to visit any of your stores????"

He: "No"

She: "Well, if you had visited your stores you would find out that you have to send up a flare just to get any sales help - worst customer service on the planet".

I had to laugh, another story about yet another MAN (who just happened to be one of the brass) who was a proven (are you ready???) I-D-I-O-T.

merc lover 04-02-2020 03:19 PM

Quote:

Originally Posted by Zulfiqar (Post 4028180)
Interesting!

so an F500 company should not hire davids.

should they ask a shaman or an ouija board?

You just don't know the half of it. These two have single handedly caused more financial trauma on the business than a thousand men could ever hope to inflict. Sadly, both the brass and the investors are totally clueless about what goes on when it comes to direct interface to the customers. They must live on another planet.

Total morons with total moronic business ideas that they turned into reality which is really hosing the company on about ten different levels. Tell you what, I'll reserve the Davids of this world for your business.

Good luck.

davidmash 04-02-2020 03:35 PM

Quote:

Originally Posted by merc lover (Post 4028176)
A top New York investment firm broker offering to sell ten million worth of stock in a defunct, bankrupt company sounds a little strange. It certainly did when he called me. I now believe he was concerned about getting sued by the investors he had steered into buying stock.

When a man makes a major bad financial decision, he becomes desperate and desperate men tend to do desperate things. Sadly, neither he nor his investors had taken one hour of their precious lives to step one foot into the 500+ retail stores to see first hand that both sales and customer service was NON-EXISTENT.

Men.

You just can't put the shovel down can you?

davidmash 04-02-2020 03:43 PM

Quote:

Originally Posted by merc lover (Post 4028184)
You just don't know the half of it. These two have single handedly caused more financial trauma on the business than a thousand men could ever hope to inflict. Sadly, both the brass and the investors are totally clueless about what goes on when it comes to direct interface to the customers. They must live on another planet.

Total morons with total moronic business ideas that they turned into reality which is really hosing the company on about ten different levels. Tell you what, I'll reserve the Davids of this world for your business.

Good luck.

David Geffen

merc lover 04-02-2020 03:56 PM

Quote:

Originally Posted by davidmash (Post 4028209)
David Geffen


There is always the lone ranger. All I know is the screwing this particular business has taken at the hands of the two Davids is beyond comprehension. They simply aren't watching the store.

davidmash 04-02-2020 04:23 PM

Quote:

Originally Posted by merc lover (Post 4028219)
There is always the lone ranger. All I know is the screwing this particular business has taken at the hands of the two Davids is beyond comprehension. They simply aren't watching the store.

Right, because he is the only one. You are a complete moron.

Dudesky 04-02-2020 04:39 PM

Quote:

Originally Posted by davidmash (Post 4026141)
You should go to a country with Marshal law. You have a habit of making comments on topics of which you have absolutely no knowledge.

You his mentor?

Zulfiqar 04-02-2020 04:58 PM

Quote:

Originally Posted by merc lover (Post 4028184)
You just don't know the half of it. These two have single handedly caused more financial trauma on the business than a thousand men could ever hope to inflict. Sadly, both the brass and the investors are totally clueless about what goes on when it comes to direct interface to the customers. They must live on another planet.

Total morons with total moronic business ideas that they turned into reality which is really hosing the company on about ten different levels. Tell you what, I'll reserve the Davids of this world for your business.

Good luck.

Interesting!!

so you rest the failure on "names"

so the people who dont like 45 - should also hate the cartoon character donald duck?

OR

if someone had a girlfreind called mercedes and she broke up - then the someone should never buy a mercedes benz automobile?

merc lover 04-02-2020 05:56 PM

in reality it is FIVE ITEMS:

1. Name
2. Birth Order
3. Astrological Sign
4. Psychological profile test (are they the right candidate psychologically?)
5. Job Fit test (will they enjoy doing the job?)

Strangely, this company regularly uses #4 and #5 (these testing companies charge by the job applicant - big bucks $$$$$$$$) but they don't have a clue as to items #1, #2 and #3. As a matter of fact, 98% of businesses haven't figured out that #1, #2 and #3 are ever bit as important as #4 and #5. And, in my experience, most companies strictly "hire by the seat of their pants" which is why they get the results they get.

This is why the peter principal works so well. Dummies bossing dummies bossing other dummies.


Perfect.


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