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Anybody have any take or info on Wyeth?
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I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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UVA, Wharton, Air Force (Capt) and Alex Brown M&A. Sounds like a tool.Be the bid!Comment
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A friend of yours?I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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I would had uncle Thomas kick him out of UVa if I would have known he was there.
Some of you will be overjoyed to note that in the Fed's Survey of Consumer Finance just released, Average Debt Burdens in the States United declined to 12.5% of Pre-Tax Income in 2001 from 14.4% in 1998 and 14% in 1992. Setting the stage for huge new potential borrowings at the untapped personal level.
Of course in their quarterly survey they say it has been increasing, but that is govy stats for you - pick your methodology!
NB in discussions about the weakness in the dollar of late that it has mostly just unwound its strength vs the euro post conversion... 1.02 to 1.08. Which is very understandable given the wide divergence in short term rates with the extra Fed eases and lack of similar action from the ECB. Easiest trade in here for the hedgies has been to short USTs vs EU paper.Be the bid!Comment
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Man, this guy has all guns blazing. Reading the actual letter, it seems like he should have kept his powder dry on Europe. Instead, he has 3 full paragraphs dissing them. He has a lot of interesting arguments, but he may be doing a disservice to them by a 120 db presentation.
I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Next come the Europeans, who see options an unfair competition and need to pull us down to their own miserable levels of opportunity and performance. Europe has tried and failed to use options to motivate innovation and spread ownership.
Unable to unleash the creative power of their own economies, Europeans, particularly bureaucrats, are appalled at the willingness of American workers to accept low wages and willingly work 50 and 60 hours weeks in return for a sliver of ownership in their own business. Using "convergcnce of accounting standards" as a political grail, they plan to lower America to their own pitiful level of innovation and labor mobility.
What was wrong with that??
Be the bid!Comment
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Well, at least he got a regulatory comment published in a major financial publication.
Is that a first? I bet you that the SEC staff doesn't even read these. Well, they might skim it quickly...
I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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I thought it was in a silly little euro publication??Originally posted by DanS
...major financial publication....
Be the bid!Comment
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The UK isn't in Europe.
For shame!
I thought it was the 51st state?
I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Banned GP informs me by PM that the UK will have to wait in line. Canada is the 51st state. The UK the 52nd.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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And in a few months Iraq will be the 53rd
“I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
- John 13:34-35 (NRSV)Comment
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Make that Iraqorea. Very funny stuff on The Daily Show from Tuesday...
When did GP get banned? can't he just run over to Imran's and post from Emory?
(side note:
This Iraq for oil stuff is just so freaking ignorant it just makes my head spin. The economics of that type of deal are just ridiculous!)Be the bid!Comment
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Interesting links, Dan. I would have expected signs of panic from the Wall street cronies a bit earlier, though. Reasonable accounting is their worst foe, after all. I suppose he's also got some sour grapes in his stomach after nasdaq flopped in Europe.
"This Iraq for oil stuff is just so freaking ignorant it just makes my head spin. The economics of that type of deal are just ridiculous!)"
Tell that to Bush.
Snapping some oil wells is silly. Maintaining strategic control of ME oil supplies makes a lot more sense though. He should just come clean on it, instead of making up one excuse after another.Last edited by HershOstropoler; January 30, 2003, 04:46.“Now we declare… that the law-making power or the first and real effective source of law is the people or the body of citizens or the prevailing part of the people according to its election or its will expressed in general convention by vote, commanding or deciding that something be done or omitted in regard to human civil acts under penalty or temporal punishment….” (Marsilius of Padua, „Defensor Pacis“, AD 1324)Comment
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Btw, does that mean we can welcome Warren Buffet to the circle of pitiful opportunity-lacking Euros?
“Now we declare… that the law-making power or the first and real effective source of law is the people or the body of citizens or the prevailing part of the people according to its election or its will expressed in general convention by vote, commanding or deciding that something be done or omitted in regard to human civil acts under penalty or temporal punishment….” (Marsilius of Padua, „Defensor Pacis“, AD 1324)Comment
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