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4 18 48 please, thank you.
It is an unusual feeling
Thank you very much for the heads up.
4 20 48 78 please, thank you.
4 18 48 please, thank you. I had no idea that a night race was happening this early in the year.
This was an obvious fiasco 2 years ago. Why it took this long to resolve is beyond me.
Incompetent officials, unscrupulous corporate management, gullible investors.
It would be hard to find a more incompetent IDA board anywhere.
4 20 48 78 please, thanks.
4 18 48 please, thanks.
I'm sure that it shocked the IDA board.
Completely unexpected occurrence I'm sure.
2 4 20 48 please, thank you.
4 22 48 please, thank you.
4 18 20 88 please, thanks.
4 18 48 please, thanks.
4 20 48 88 please, thank you.
4 18 48 please, thank you.
If people want to lose money on a Soon-Shiong company, they should just buy whatever he IPO's next. At least that way there is a certain satisfaction involved.
KEYO investors lost without ever having one shred of exposure to Soon-Shiong.
I don't mind losing a debate when beaten by sound reasoning from someone that knows far more about the issue at hand.
If only politicians felt the same way
Alright. I still don't think that a jury would have convicted him. However, I'm not dumb enough to think that I know more than you about how they would perceive his actions. Just dumb enough to argue the potential result lol.
I suppose I'm a little biased in the fact that it is irritating to see a shale energy pioneer get indicted while, many in the financial industry got off with mere fines for their improprieties.
Of course I'm not defending his actions, it is just, well, annoying.
You make it sound like only two companies had access to Oklahoma land. Both companies destroyed capital at an astonishing pace.
The US energy consumer benefitted in a huge way. The landowners benefitted. Tom Ward and Aubrey McClendon lost their fortunes during the time in question.
If Sandridge Emergy is the co-conspirator, I would have to respectfully disagree. They were and are an insignificant player in the space.
Tom Ward and Aubrey McClendon started Chesapeake together. Tom split off and started Sandridge in later years. It is not surprising that they would be looking at the same areas and still communicated with each other given that Tom ran that division while at Chesapeake Energy. I think that the case was shaky at best. Thus, it seems doubtful that Aubrey committed suicide based solely on the indictment.
My perceptions could be way off base too. Even if I find it doubtful that landowners would have received more money in the end. Perhaps the co-conspirators are industry giants.
I've been wrong many times before :).
I don't think you appreciate the scale that they were doing. Chesapeake was far and away the biggest buyer out there in a very short time frame. As natural gas production exploded, most of those rights dramatically declined in value in a very short time period.
Just look at a chart of CHK.
I'm not saying that bid rigging should be allowed. I'm just not fawning over taking out someone that has already been crushed by the fact that he made those bids.
Chesapeake was the giant in the space. If they had not bid, the land would not have been priced higher.
The only reason that it was as high as it was came from Chesapeake trying to buy up everything. The land grab and ensuing leverage has driven CHK to the brink of bankruptcy. Aubrey lost his fortune in the process.
I get what you are saying though. However, it does seem like some deference would be considered given the context surrounding it.
Honestly, the indictment is a bit ridiculous imo. It isn't like Chesapeake had a happy ending. To say that landowners were hurt is also a bit odd given that they were the only people that really benefited from the natural gas land grab.
While it probably was suicide, it is possible that it was a case of texting while driving.
It doesn't matter now.
RIP Aubrey McClendon.
Karma is biting Bill for that massive Allergan trade.
They still overpaid.
I'm always amazed when otherwise seemingly intelligent individuals start talking about abolishing the Fed and returning to the gold standard. Especially when those individuals are high ranking members of Congress.
It is beyond ironic that NSS believers want a return to those days.
You would think that they would read up on the panic of 1907 and appreciate how much power short sellers had when the ball got rolling in their favor.
I'm not a fan of all powerful CBs but, the alternative isn't appealing at all. Although, from a trading perspective, the ensuing booms and busts would be a lot of fun. As long as the system remained intact in the end.
The main argument is that 1929 occurred well after the Fed too but, most people usually don't realize that a large portion of the banking system was not in the Federal Reserve system at that time.
People seem to be under the mistaken impression that utopia existed pre Fed.
Oh yeah. 20 instead of 18 please, thanks.
4 18 22 48 please, thanks.
4 22 48 please
It sure sounds like King is back in action. If not him, his minions are back at it. I still haven't figured out why CEOs fall for the idiotic concept.
http://www.otcmarkets.com/stock/DCAC/news/Daniels-Corporate-Advisory-Company--Inc--to-Issue-Preferred-Stock--Protects-Shareholders?id=126241&b=y
While doing that couldn't hurt, I fail to see how it would help.
Effingham county should have realized 2 years ago that this project was not viable. Some investors did. Unfortunately, the local contingent failed to recognize obvious realities.
I'm amazed that he's able to get any followers at all. It is painfully obvious to (almost)all that he's a nincompoop with no practical market knowledge whatsoever.