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Yeah real fuggin funny!
End o' Day price climb really helped your cause. Serious volume in last hour's trading. What do the MMs know that you don't?
HUN chart
I'm lookin....I'll send ya a report.
Looks like a Chinese HUN.
Gushan Environmental Energy Ltd vs. Peers
Company/ Market Cap/ YTD Price Performance
GU Gushan Environmental Energy Ltd/ 115.9M/ -24.5%
CCGY China Clean Energy Inc./ 5.4M/ -5.6%
Company Background
Gushan Environmental Energy Limited is a biodiesel producer in China. The Company produces biodiesel and by-products of biodiesel production, including glycerine, plant asphalt, erucic acid and erucic amide. Biodiesel is a renewable, clean-burning and biodegradable fuel produced from a variety of feedstocks, such as vegetable oil, animal fat and recycled cooking oil. Biodiesel is used to fuel a range of diesel engines, typically after blending with diesel, including diesel engines found in trucks, mass transit vehicles, marine vessels and generators. The by-products of its biodiesel production have commercial applications in the food, pharmaceutical and manufacturing industries. The Company sells its products in China to direct users, including marine vessel operators, petroleum wholesalers and individual retail gas stations. The Company primarily uses vegetable oil offal and used cooking oil to produce biodiesel.
Heavy hitter with Olive Garden....I aint so impressed with Red Lobster here lately. Those are the only two DRI restaurants I am eatimately familiar with....doink!
PUTTs
See so simple a Hawaiian born Muslim/Christian can do it!
Geithner: AIG to reimburse taxpayers for bonuses
73 AIG employees got at least $1 million, NY's Cuomo says
By Ronald D. Orol, MarketWatch
Last update: 10:41 p.m. EDT March 17, 2009Comments: 687WASHINGTON (MarketWatch) --
Failed insurance giant American International Group Inc. will be ordered to reimburse the taxpayers up to $165 million for bonuses the company is giving employees, Treasury Secretary Tim Geithner said Tuesday.
Acknowledging "considerable outrage" about the bonus payments, Geithner said AIG will pay the Treasury an amount equal to the bonuses, and the Treasury will deduct that amount from the $30 billion in government assistance that will soon go to the company.
In a letter to congressional leaders, Geithner said the government can't block the payments, which are being made under contracts signed before the government stepped in with billions of dollars to prevent AIG from going bankrupt last September.
Geithner said the Obama administration hasn't given up on efforts to recoup the money from the employees who got the bonuses.
The U.S. government owns about 80% of AIG (AIG:American International Group Inc
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Last: 0.96+0.13+15.66%
4:00pm 03/17/2009
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AIG 0.96, +0.13, +15.7%) , but does not run the company's day-to-day operations.
Geithner acted after the chairman of the House Financial Services Committee, Rep. Barney Frank, D-Mass., said that the government should use its controlling interest in the company to force repayment of the bonuses.
"We should look at AIG as owner of the company. The time has come to exercise our rights as owner rather than interfering with contracts between two parties," Frank said at a press conference. "You didn't perform, you don't get bonuses."
Frank added that House Speaker Nancy Pelosi, D-Calif., is considering legislation that would give the government additional control of the company.
AIG paid "retention" bonuses of more than $1 million to 73 employees, including 11 who no longer work at the company, New York Attorney General Andrew Cuomo said Tuesday.
Before Geithner's decision to require the reimbursement, lawmakers on Capitol Hill stepped up their efforts on Tuesday to find some a way to claw back some of the money paid by AIG, which has received $173 billion in federal aid to prevent a bankruptcy that could further spread financial panic around the globe.
Several lawmakers introduced legislation to tax the bonuses.
On Monday, President Barack Obama said his administration would pursue all legal avenues to get the money back. The $165 million in bonuses were paid to employees of the financial products subsidiary, the unit that created and sold complex securities that led to the company's collapse.
Those securities were essentially insurance that guaranteed that investors would not lose money if mortgage-backed securities failed. AIG cornered the market on risk, but could not fulfill its obligations when housing prices fell and the securities went sour.
The investors include major investment banks, hedge funds, and pension funds.
In a letter to Congress sent Tuesday, Cuomo said he didn't agree with AIG's contention that it was obligated by contract to pay the bonuses, noting that the company renegotiated the salaries of the same group of employees.
"AIG made more than 73 millionaires in the unit which lost so much money that it brought the firm to its knees, forcing a taxpayer bailout," Cuomo wrote in the letter to the House Financial Services Committee. "Something is deeply wrong with this outcome."
Cuomo said the contracts required the 2008 bonuses to be equal to the 2007 bonuses, even though there were obvious signs that 2008 would be "disastrous." The contracts were signed in April 2008, after Bear Stearns failed because it bet housing prices would never fall.
Cuomo said the biggest single bonus was $6.4 million. Seven employees got more than $4 million each, and the 10 top took a combined $42 million. Cuomo has led an investigation into the bonuses, but has not yet learned the names of those who were paid, he said.
AIG Chairman Edward Liddy will appear before Frank's committee on Wednesday, along with Office of Thrift Supervision Director Scott Polakoff and Government Accountability Office director Orice Williams. Liddy succeeded Robert Willumstad in June 2008. See full story.
The chairman of the Senate Banking Committee, Sen. Christopher Dodd, D-Conn., said he wants a full briefing from the Federal Reserve on any conditions the Fed may have put on AIG executive bonuses. "We also want answers regarding where the Fed has been on conditions for these types of bonuses since the rescue effort first began."
At the same time, legislators on Capitol Hill are considering changes to the tax code to limit AIG's bonuses.
Rep. Gary Peters, D-Mich., introduced a bill that would impose a 60% surtax on bonuses over $10,000 paid by a company where the government has a greater than 79% equity stake. Currently, the wording of the bill would apply only to AIG.
Other House members have introduced similar legislation. Rep. Steve Israel, D-N.Y., introduced legislation that would hike taxes on bonuses of corporations receiving federal bailout capital.
Ronald D. Orol is a MarketWatch reporter, based in Washington.
Hell I'm stuck with Tankers at their 52 week low.
I agree with Charles Grassley; Senator, Iowa.
Hold her till her gap opens then pull out!
Hey Mr President OblameA...ya got any states wanting to succeed from your United States of Economic Tragedy
Wadafvck?
I used to have a close friend that is a broker but now I don't have a friend, I'm just aquainted with a licensed and bonded squirrel!
Thanks for the effort dfx.....I think my mother-in-law's broker is a squirrel so you see why I came to you.
Yeah I had it on my watchlist....not watching it closely. I got out when they changed the dividend from .50 to .20/share. Of course it tanked after the change.
I'm looking for a good no-load Tax free fund for my mother-in-law. Do you know of one.
Winners?
I read the candles.....Abe.
Off to quell the teeming masses yearning to be housed and fed for free!
I think the NASDAQ is gonna retest it's near term low!
You may want to look at ISH.
OCNF.....got bought.....at 1.26.
Dammit dfx.....what an awful mess you got us into this time!
Nope cut my losses...sold "going nowhere HTE"!
Still fishin for OCNF at 1.22
I think you are looking at a pullback for HUN.
That's a bearish reversal doji you are looking at today
Take your pick.
http://www.candlestickchart.com/indicators/bearish.html
To tell ya the truth....I'm glad yo highlighted it for me cause I haven't been watching lately. I think I'm going in for 1500 shares. Watchin it drope now.
The short interest is no hill for a climber....2.35% of the outstanding. New report due out as of 3/15/09.
Watch it.....is that an advance block? Will she roll over?
Well! Have a Tequila....or is it HAVA NAGILA;
I am only concerned about your wildass attitude.....quite unlike the dfx I once knew.....of course back then I had to prod you with a stick to get an eye open.
Yeah well I went to College....engineering college....BME/MME no BS/BMA (Artsy Craftsy) degree for me and I had to take a Business Law class which dealt with ETHICS! We were warned against building bridges that fall, trains, planes, and automobiles that crash even when used by sub prime consumers.
Bonuses are for above average performance not for overloading a subprime dufus's budget! Not for Lying, cheating, and white collar criming a trusting nation of honest people!
Hang the bastards!
Well what does bother me is.........
buying into a reversal doji;
Hanging Man / Dragonfly Doji Bearish. Hun was tryin to warn you on Wenesday 3/11
Pattern: Reversal
Trend: Bearish
Reliability: Low/Moderate
This pizzes me off so damn'd much!
AIG plans bonuses to financial-products employees
Payments go to staff at unit that sent insurer to brink of collapse
http://www.marketwatch.com/news/story/aig-pay-450-mln-bonuses/story.aspx?guid=%7BD69E1883%2D8A00%2D4F59%2D9DED%2DE701E15D9A59%7D&tool=1&dist=bigcharts&
Dont worryaboutit!
Switch to golf.
Yup it may break out but.....I would set stops.
Probably be better to buy SPY...aty least ya have a near 4% dividend at today's price.
Two chances to buy at 1.70/1,80, I had no cash!
The market can't make up it's mind....could go up as well as down! Not really an advance block....indeterminate.
Just about to comment comrade....hey ya better be thinking stops cause those longer lower shadows for the last three days don't point down for nothing. Hard to tell and HUN does have a big daily range but I think it will pull back next week. You know me idzi, I couldn't pick a stop to avoid a rape charge!
Sorry I haven't owned QSII since Christ ascended. Yeah I missed the boat chasin the Tankers!
Okay thanks. I see some are printing reversal doji this morning. Watch em close.
Interesting chart....appears prone to fill all gaps. Note gap around 27/29.
Byjimminy, dat ver a biggy yoump Sven!
Okay, excuse me, sorry, don't know what came over me, how can I make it up to you, forgive me please, I'm ashamed.
I like GNV at 1.70.....no current cash....SOaB!