Looks like BK is going to take its toll. It only took corrupt democrat politicians 40 years to BK the city and run off over half of its citizens.... It looks like the corrupt DC politicians will bail them out with Federal taxes. It looks like corrupt politicians take care of corrupt politicians. The corruption did save GM.
If you believe me to be wrong, just check out the federal politicians that have been caught with their pants down and their fellow corrupt politicians barely smacked their hands. Not one has gone to prison. Corruption breeds corruption. MO.
Buyers and sellers must speculators and shorts. As long as volume can hold up there will be people making money and there will be people losing money. You just have to be on the right end. You can still lose the rent and grocery money. I let the rent and grocery money go at ten cents and stopped worrying..
Obama should have backed up when the SC ruled that ACA was a tax. Obama preached for 4 years that it was not a tax. Boss did not know what he was talking about and still doesn't. MO.
As a retired Welfare and Employment counselor I am here to tell you, if you are in a relationship, married and have children and you have minimal education and work experience and you get on the welfare program that provides: low cost housing, utilities, food stamps, medical, dental, optical, cell phone, baby sitter, transportation, GED, voc ed, and a few other things, you are an idiot to get a job and work for less than gov't handout....... ,
Think. Low cost gov't housing is much better than what low wage people can provide for them selves. Gov't takes away all of the incentive to work. (As an example I tried to get the welfare dept to lay me off, fire me or what ever so I could be a recipient. They wouldn't.)
From what I read Toshiba has paid 35 million dollars for OCZ's assets. The deal is signed and delivered. What I would like to know is what kind of a deal will upper mgt and B of D's walk away with? A dollar to a donut they will leave OCZ smelling like roses and enough money to retire like royalty. MO
When you have the majority of reps, president and congress, that are egotists, crooks and perverts representing you, you are in big trouble. We the people are low on their priority list. . . .MO
Fact. BO says that ACA will reduce health premiums by 25%. I believed him. His statement implied that Medicair cost would go down 25%, It didn't, it has gone up. My supplemental insurance has also gone up. Fact. My Medicair + supplemental is about 20% of my SS check that I paid dearly for, for 45 years..
ACA and Obama's words are not honest. MO
Judge just ruled that Detriot pension deficit of 3 1/2 billion dollars, pensions can be cut. Obama will send federal dollars to pay the pensioners.
I object to federal taxes to bail out organizations that screwed up by spending more than they have.
Every dollar Obama spends he must borrow about 45 cents of it. Remember gov't has no money unless they take if from some one that has it.
Idiots cannot understand that when you borrow more than you can pay off with-in 6 months you are in big trouble. The only exception to this rule is buying a home, one that you can afford.
President and congress are all classed as idiots. MO.......
All assets, I guess that includes the patents, sold to Toshiba for 35 million dollars, that means there are no other assets and the company approaches zero value.
I understand the financial institution that had loaned them money has taken over all of their cash.
No assets-no cash then the value of company is zero.
PPS must be worth close to zero. Speculators and shorts are the only ones buying and selling. MO
Lying or not. Union was paid for their vote.
"When they say it isn't the money, it is always the money".
If OCZ has sold all of its assets to Toshiba for $35 million before BK it has nothing of value. Common stock value then must be 'zero'.
This seems to me to be fraud of upper mgt and the B of D's. Something stinks. MO.
If mgt sells or has sold all of the company's assets before it files for BK it sounds like to me no other company can come in and make a better deal for the stock holders. This is a typical case of fraud and collusion in MO.
I was under the impression that just the patents were worth $100+ million. But if it was all sold off before the BK then there is nothing left for Seagate or others.
I wonder how much upper mgt will be paid? B of D's.
They voted to raise the MW to $15/hour. I wonder how many people lost their job; how many new poor people created; how many more became eligible for welfare and food stamps:????
When I was a young man, I bought a new Mercury and I had several people tell me that I had made a good investment. At that it was financed for 36 months. I had paid on that stinking thing for 18 months and I still owed more than it was worth. I moved into + territory when I made the 24 payment. At that time I realized buying a car was not a very 'good investment'.
The only thing buying a new car keeps you from being jealous of your associates that have bought a new car.
It takes a long time for a person to get smart.
As a union member, it is only logical to support my union. I should hate, protest and any other thing act against your union. Why? Your union raises the cost of all goods and services that I make use of.
In retrospect, you should hate mine.
Unions just like minimum wage are not good for the economy.
When he said that your health care cost would go down about 25%. this meant all health care including SS's Medicair....
Well I am here to tell you my Medicair and my supplemental insurance are not going down. I am being told that the cost is GOING UP.
I can only assume BO's statements are either lies or statements from an idiot. MO
No it is not your fault. Wall Street is connected to my computer. When ever I buy a stock the pps goes down. When I SELL a stock the pps goes up. All of this fluctuation is my fault. So the blame is not on your shoulders. I guess I am the culprit.