up
up
GOING 2 SLEEP LATERS~~~~~~~~~
Morning bitches..
hi.
Whooops
New York - A computer programmer with Goldman Sachs is being held on bail Tuesday, accused of the stealing secret code which helps the Wall Street banking giant execute transactions, according to New York court papers.
Sergey Aleynikov, 38, who was arrested on July 3 at Newark Airport and is being held on a 750,000-dollar bail, denies the charge of data theft, according to his lawyer.
The Russian-born Aleynikov, who holds joint US/Russian nationalities, is accused of downloading the code - which helps Goldman Sachs execute security transactions at high speed - to a server in Germany.
If the software gets into the wrong hands, it could cost millions in lost profits, an analyst told Bloomberg financial news service.
'Currently, we do not know who has had access to it,' the analyst added.
Goldman Sachs has not yet commented on the case.
http://www.monstersandcritics.com/ne...xzz0Ka1WfyOF&D
umm. hello? Anyone..
About fucking time.
U.S. regulators say they may clamp down on oil and gas price speculators by limiting the holdings of energy futures traders, including index and exchange-traded funds. The Commodity Futures Trading Commission will hold hearings to explore the need for government-imposed restrictions on speculative trading in oil, gas and other energy markets, Chairman Gary Gensler said today in a statement. The agency didn’t say when the hearings would start or who would be asked to speak.
Senator Bernie Sanders, a Vermont independent, and Representative Bart Stupak, a Michigan Democrat, have called for action to avoid a repeat of last year’s run-up in crude oil prices to a record $147.21 a barrel, which they blame on speculators. Oil has climbed 44 percent this year in New York Mercantile Exchange trading, even amid a drop in demand and high levels of fuel in storage.
uly 7 (Bloomberg) -- Michael Jackson would have moonwalked his way out of some of his millions of dollars of debt next week with the first of 50 sold-out concerts at London’s 02 Arena.
Although the shows starting July 13 won’t go on after the self-proclaimed “King of Pop” died of cardiac arrest last month, the $50 million that Billboard magazine estimates Jackson would have made from them illustrates how critical the live music market has become for top artists. From Madonna to U2, artists earn tens of millions of dollars from performing live.
With record sales plunging 30 percent in the past decade and illegal downloads accounting for almost all the music listened to online, live performance has become the industry’s most lucrative and fastest-growing segment. Fans are paying twice the price for tickets to top concerts from a decade ago, so artists who once performed at live shows to promote record sales are now churning out albums to boost tour attendance.
“A record now is just a ticket to ride,” Steven Van Zandt, guitarist and founding member of Bruce Springsteen and the E Street Band, said in an interview in Cannes, France. Live shows get “you licenses, movie scenes, TV shows, ad revenue. Bands can sell live shows much more than records.”
OMG the drama.. hahaha it never ends..
hi wow dead here today.
Uh oh..
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Seat maker Lear files for bankruptcy
BY JEWEL GOPWANI • FREE PRESS BUSINESS WRITER • July 7, 2009
Updated at 7:49 a.m.
Southfield-based seat maker Lear Corp. said it filed for bankruptcy early this morning after winning support for its reorganization plan from more of its lenders and bondholders.
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In a securities filing made Monday, the supplier -- which said Wednesday that it plans to file for bankruptcy -- revealed plans for its bankruptcy reorganization.
Lenders and bondholders that have already signed on to the deal include Carlyle High Yield Partners, Deutsche Bank AG, Merrill Lynch and Icahn Partners LP.
Lear's plans include cutting its debt by 70%, from $3.6 billion down to about $1.1 billion -- not including new preferred and common stock issued when the company emerges from bankruptcy.
Existing shares, which trade over the counter and were delisted from the New York Stock Exchange on Thursday, will be wiped out.
Lear told lenders that it expects revenue to fall 33% to $9.1 billion, in 2009, but to increase to $11.4 billion in 2010, according to the filing.
Lear, in its filing, said it plans to maintain its pension and health care benefits.
Lear, which expects to emerge with a nine-member board of directors, has established two management incentive plans.
One would give up to 200 employees as much as 10% of the company's new common stock.
The other plan would award 29 of Lear's top executives cash bonuses. Lear did not disclose the potential value of those bonuses.
But the company indicated in the filing that the size of those bonuses would depend upon the company reaching certain thresholds, such as emerging from bankruptcy within 300 days.
Whats goin on everyone.
wasssss up?
my attitude is celibate, I DON'T GIVE A FUCK!!!!
gully side movement.
from slavery to president!
Not much man. Just trying to make it through work ugh
I feel ya.. gonna be a Loooooooooooooooooong week.. only good thing is the weather is getting nicer and I'm golfing tonight so that's something to look forward to.. I get to try out my new putter on the course!!
And then I'm heading to Hilton Head this weekend so that should be fun as well.
BORED
Going to go see JM and catch him up on everything??Originally Posted by mmmmpsi
i think brock is keeping him up to date
bump.
you have bumps? lol
big baller... have fun man
my attitude is celibate, I DON'T GIVE A FUCK!!!!
gully side movement.
from slavery to president!
on or around you mouth?( you make it too easy)
my attitude is celibate, I DON'T GIVE A FUCK!!!!
gully side movement.
from slavery to president!
bump.
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I WANNA LEAVE!
I have some topical cream for that...
How many bankrupt companies have OTC and Pink Sheet stocks before they disappear for the long haul? Enron, Lehman, Adelphia… General Motors (GMGMQ) is on this list. Some of these stay trading for some time even after the bankruptcies have closed because there is a hope that the paper would have some value in future lawsuits. But ultimately, most die and get thrown into the Abyss.
The ‘NewCo’ GM will stay in operations and there will be a real public offering again, but for now traders and investors have to play the Pink Sheet stock of GMGMQ. And the term “playing” is about as true as it can be in this case.
The question to ask is… WHY WOULD THEY STILL BET ON THIS????
There was originally going to be something to the tune of one percent left for the common holder. But after the bankruptcy filing that does not appear to be the case. Even late last week GM came out and warned that it was seeing shares trade north of $1.00, yet what is left of the company has said pooint blank that it expects zero value for the old common holder:
* “GM management strongly believes that any recovery for the common stockholders in the chapter 11 bankruptcy process is highly unlikely, even under the most optimistic of scenarios. Stockholders of a company in chapter 11 generally receive value only if all claims of the secured and unsecured creditors are fully satisfied.”
The sale of the old GM assets to NewCo for Uncle Sam is all but done, or so it seems. That might allow GM to emerge from bankruptcy sooner than many skeptics might have suspected, but that is not likely to do be worth zero to the “OldCo” GM shareholders owning the “GMGMQ” shares.
When a company tells you its own assets are worthless even in the most optimistic scenario, is it worth second guessing the statement? Shares were north of $1.00 last week and closed around $0.70 yesterday. They are trading down a few cents again after the open. But everything here points to a race to zero unless a new come-along lawsuit can derail the progress here.
Maybe investors are just buying GM shares so they can have the certificates mailed to them so they won’t have to pay a premium at antique and collectibles shops down the road for the share certificates. Or maybe it makes for cheap wallpaper for remodeled homes in Michigan in Ohio.
Jon C. Ogg
July 7, 2009
can you believe that thegodfather is posting that he is coming to the A and wants to meet ppl??????
my attitude is celibate, I DON'T GIVE A FUCK!!!!
gully side movement.
from slavery to president!
Energy Stocks: Energy stock sell-off moves into third day
from MarketWatch.com - Top Stories
Energy stocks move into their third straight session of bruising losses as Hess Corp. draws an upgrade, Exxon Mobil moves ahead with development of the Kearl Oil Sands and ConocoPhillips issues a bearish interim update.
LOL yeah how retarded
you are on his invite list... i say we go crash that shit!!!
my attitude is celibate, I DON'T GIVE A FUCK!!!!
gully side movement.
from slavery to president!
sdjfsadkfjdsakfdsafdsa
gdrcsbgbhnkgresjnmljjlgvfsdtesctryio;,'.
my attitude is celibate, I DON'T GIVE A FUCK!!!!
gully side movement.
from slavery to president!
ELOHEL wow
LOL @ godfather.
And ELOHEL at the toxxxic thread blowing up
no shit dude its retarded
Apparently the internet is worried about Michael Jackson memorial today.. hahaha
LOL meh. Its just an ass. I shot buttons a Pm telling her i repped her for saving it. becasue i knew someone had to of saved it. lol I don't really even care about seeing it
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