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People's United Financial Inc. Message Board

whatruslakin 8 posts  |  Last Activity: Feb 8, 2016 7:40 AM Member since: Aug 23, 2002
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  • whatruslakin by whatruslakin Feb 8, 2016 7:40 AM Flag

    Move it to a manufacturing area on the east coast near NYC.
    It would become a worker owned company under a new name..

    Anyone want to crowd source the company?
    I will invest 200k.to start it
    What goal would we need to buy enough to make sure they are out of business forever?

    Should we wait until the market crashes further?
    We only would want the tooling anyway since the air bearing patent expired
    I haven't heard or any new ideas since then/.

    The east coast has the technology to mass produce turbines
    Californica should stick to computers.

    I told them one day countries will copy the chips but they didn't want to hear it.
    So now they want to build cars and turbines
    Not a chance

  • whatruslakin by whatruslakin Feb 8, 2016 7:12 AM Flag

    I hope everyone read the FCA 2008.
    Makes sure you look up the False Claims Act too and first to file rule changes.

    This is going to be so cool I plan to start Internet television station called
    The Fred Sanford Television company

    Dummies

  • whatruslakin by whatruslakin Jan 19, 2016 9:47 PM Flag

    Make sure the shareholders get first shot at the auction of materials, patents equipment and facilities .
    the shop can be moved anywhere and run by car mechanics.if needed
    then it would be profitabler.

    We could just 3d scan it today and copy it

    The record for 200 mph in a car will be broke this spring on batteries and electric motors.
    You want to stay with these guys living in the past
    Tesla has trouble building mechanical things on the west coast
    They make Chips not cars
    cars started on the east coast and is the future for turbnes
    or add a fuel cell to the turbine exchanger

  • Reply to

    Under a dollar tomorrow?

    by shuck_fatzman Jan 19, 2016 9:21 PM
    whatruslakin whatruslakin Jan 19, 2016 9:34 PM Flag

    This is how the stock Exodus web site builder then it went to zero as the executives took their money and ran first.

  • whatruslakin whatruslakin Jan 19, 2016 9:32 PM Flag

    I rather work out an negotiation with the executives to leave with a employee shareholder buyout.
    I have a lot of knowledge with turbines and high heat coatings.to make them more efficient.
    Would create a second assembly plant in a prior turbine factory along a railroad spur in NYC area.

  • I wonder how many people followed the news in 2008 when they got this act below to become a law. A previous bill was tried in years earlier but lost. Obama was a co-signer an earlier bill.

    Judiciary Committee Reports Leahy Bill To Address Wartime Fraud

    The Senate Judiciary Committee today reported critical legislation to extend the window for the federal government to prosecute wartime contracting fraud, including fraud in Iraq and Afghanistan. The Wartime Enforcement of Fraud Act (WEFA) was introduced in April by Committee Chairman Patrick Leahy (D-Vt.) and Committee Member Charles Grassley (R-Iowa). The legislation would close a loophole in a World War II-era law that has allowed individuals and corporations to go unpunished for delivering defective products and overbilling for their services.

    The bill updates a law that was enacted in 1942 that suspended the statute of limitations on contracting fraud during times of war. The Wartime Suspension of Limitations Act of 1942 enabled the government to prosecute these offenses up to three years after the end of a declared war. The Leahy-Grassley bill modifies the law to allow the prosecution of war time fraud in conflicts that have been authorized by congress, even though they aren’t declared wars.

    “We should act now, as Congress did during World War II, to protect American investments during times of war,” said Leahy. “This legislation is needed to ensure no one takes advantage of times of war to unfairly profit from contracting fraud. I hope all Senators will join me and Senator Grassley in supporting this bill on the Senate floor.”

    “Congress has a constitutional duty to ensure that taxpayer dollars are spent in a manner consistent with the spirit and intent of the law. This important legislation simply updates the existing law that dates back to World War II. It will help ensure that our criminal laws are not circumvented by contractors who defrauded the government during our conflicts in Afghanistan and Iraq,” Grassley said.

    The bipartisan legislation would help federal prosecutors better handle the abuse of contracts that have been awarded on a cost-plus or no-bid basis. In the last six years, billions of dollars have been awarded in contracts to companies that have delivered defective products, including unsafe bullet proof vests and faulty ammunition, to American troops in Afghanistan and Iraq.

    The Wartime Enforcement of Fraud Act would:
    •Suspends the statute of limitations for war contracting fraud when Congress has authorized the use of military force consistent with the War Powers Resolution, and apply current law suspending the statute of limitations to the wars in Iraq and Afghanistan
    •Extends the statute of limitations from three to five years after the end of a war, consistent with the current statute of limitations for criminal offenses
    •Mandates that the tolling of the statute of limitations period must be an official act of the president with notice to Congress, or a concurrent resolution of Congress
    •Clarifies that the term “war” includes Congressional authorizations for the use of military force consistent with the War Powers Resolution

  • whatruslakin whatruslakin Dec 20, 2015 6:54 AM Flag

    He should try to stick it into his mouth before he ends up in jail

  • whatruslakin by whatruslakin Dec 20, 2015 6:49 AM Flag

    The next step should be a crowdsourcing campaign arranged by the shareholders to take over the company.

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