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Title: Bear Stearns Bailout Post by: FishaHallic on March 17, 2008, 11:01:58 PM Well, there he goes again. All you flamin republicans should be happy about this. The gov't bails out this company that has made millions in the last few yrs and now they are on hard times and so they use taxpayer money to bail them out. The CEO made around $28,000,000.00 last yr due to what, the way he ran the company into the ground? The stock was trading at a little over $60 a week ago and now it's worth about $2.
Where is Digginfool (I think it was) tellin everyone how good the economy was 2 months ago. This is just another indication of who your beloved republicans are looking out for and it is not the common man. Open your eyes people :lecture.gif Title: Re: Bear Stearns Bailout Post by: SWAMP_DONKEY on March 17, 2008, 11:15:11 PM Well, there he goes again. All you flamin republicans should be happy about this. The gov't bails out this company that has made millions in the last few yrs and now they are on hard times and so they use taxpayer money to bail them out. The CEO made around $28,000,000.00 last yr due to what, the way he ran the company into the ground? The stock was trading at a little over $60 a week ago and now it's worth about $2. Where is Digginfool (I think it was) tellin everyone how good the economy was 2 months ago. This is just another indication of who your beloved republicans are looking out for and it is not the common man. Open your eyes people :lecture.gif There you are fishy...did you see your picture?? LOL I bought Miranda a King Quad 450..I love that thing. You need to take a trip to Teluride CO. I watched a show (jeeps) about it the other day...If I lived that close to such an AWESOME place I WOULD MAKE THE DRIVE!! Title: Re: Bear Stearns Bailout Post by: FishaHallic on March 17, 2008, 11:21:22 PM Your just trying to derail my post :Hug.gif. One day I will post some pictures of the riding here around Lake Tahoe I think you would be pleasantly surprised.
You can't go wrong with a King Quad unless you run it out of oil :banghead.gif. Title: Re: Bear Stearns Bailout Post by: SWAMP_DONKEY on March 17, 2008, 11:24:26 PM Your just trying to derail my post :Hug.gif. One day I will post some pictures of the riding here around Lake Tahoe I think you would be pleasantly surprised. You can't go wrong with a King Quad unless you run it out of oil :banghead.gif. What was the outcome of that anyway? I love my KQ 700 But I never thought the 450 would be as fun. Oh yea your post SUCKS and is one sided and narrow minded you democrats are the SOLE reason Cigars are the price they are today!!!! There is that better?? LOL Title: Re: Bear Stearns Bailout Post by: FishaHallic on March 17, 2008, 11:25:19 PM $2400.00 :'(
Title: Re: Bear Stearns Bailout Post by: SWAMP_DONKEY on March 17, 2008, 11:29:30 PM $2400.00 :'( WTF are you kidding me....That is crazy. So do you have a HONDA now..lol Title: Re: Bear Stearns Bailout Post by: trx#9 on March 17, 2008, 11:32:15 PM There saying tonight that gas will reach over $4.00 a gallon by the 4th of july. That means diesel will be close to $5.00 a gallon. WTF.
A friend of mine is a trucker and he told me that there planning a strike nation wide. Look out!!! :o Trucking stops then America stops. ;) Title: Re: Bear Stearns Bailout Post by: Sleazy_Rider78 on March 18, 2008, 12:47:26 AM JP Morgan bought them out for $2 a share, a total purchase price of $236 million. What a bargain. Actually, the CEO's total compensation last year was $33.85 million, according to their 2007 proxy statement. About half of which was stock compensation and the other half was a cash bonus. Ultimately, the stock is worthless now so he got hit hard by the company's liquidity problems.
Title: Re: Bear Stearns Bailout Post by: Mudneck on March 18, 2008, 08:13:14 AM Im sure the ceo took a major option hit as well, boo friggin hoo...what could one person do to deserve all that money anywayl.But since this is a free economy,is what I am thinkin he was saying.Than they should fold and go out of business just like they can make enormous profits on flip side.Government should stay out of big business when it suits them right? How many Mom & Pop biz go away every day.No big checks funneling into them form Uncle Sam to keep them going right.Nobody telling oil co's your making too much fellows time to give back to the rest of them.But if they fell on there ashs we would be there!
Title: Re: Bear Stearns Bailout Post by: Ida_Mann on March 18, 2008, 08:41:54 AM JP Morgan bought them out for $2 a share, a total purchase price of $236 million. What a bargain. Actually, the CEO's total compensation last year was $33.85 million, according to their 2007 proxy statement. About half of which was stock compensation and the other half was a cash bonus. Ultimately, the stock is worthless now so he got hit hard by the company's liquidity problems. plus keep in mind that he more than likely pays at least 40% in total taxes,,,,,he aint sittin on much from last year. Id@ Title: Re: Bear Stearns Bailout Post by: trx#9 on March 18, 2008, 09:53:36 AM JP Morgan bought them out for $2 a share, a total purchase price of $236 million. What a bargain. Actually, the CEO's total compensation last year was $33.85 million, according to their 2007 proxy statement. About half of which was stock compensation and the other half was a cash bonus. Ultimately, the stock is worthless now so he got hit hard by the company's liquidity problems. plus keep in mind that he more than likely pays at least 40% in total taxes,,,,,he aint sittin on much from last year. Id@ Title: Re: Bear Stearns Bailout Post by: trx#9 on March 18, 2008, 10:25:53 AM http://youtube.com/watch?v=DePhmqSrLL0 (http://youtube.com/watch?v=DePhmqSrLL0)
Very interesting, theres a part 2 video too. Check it out! Title: Re: Bear Stearns Bailout Post by: AintSkeered on March 18, 2008, 09:48:14 PM Dubya's going to bail us all out in May with that whopping tax rebate! LOL Please don't vote for more of the same in November.
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