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  • 21st Century Bank Run: Watching a $4 billion company fall apart in a week

    10/23/2005 5:39:12 PM PDT · by Axhandle · 26 replies · 1,584+ views
    msn.com ^ | 17 October 2005 | Daniel Gross
    If you want to know what a modern bank run looks like, consider the case of the giant commodity trading firm Refco. It went public in mid-August, but in the course of the past week it has gone from $4 billion stock-market darling to carcass. The proximate cause of the meltdown was the surprise disclosure on Monday, Oct. 10, that an entity controlled by CEO Phillip Bennett had owed $430 million to the company. A week later, trading of the stock has been halted and vultures are picking over Refco the way hyenas gnaw on the remains of wildebeest. Refco...
  • I'VE HAD IT WITH BUSH. TOM DELAY CAN GO TO .... TO... TO... ZOT. Sob, sob, whine.

    10/03/2005 1:17:09 PM PDT · by Atlanta · 180 replies · 2,339+ views
    Atlanta
    I offer up my feeble rant here, quite possibly my FR swansong. I've had it w/ W. This supreme court selection is the last straw. He's got no balls. None of our Republican so called "leaders" has any. I'm also tired of seeing that fake little smile of Tom Delay on TV. Neither of these guys have any idea what a working class conservative guy goes through out here in the trenches. W's supreme court pick may be the next thing since sliced bread, but she's 60 years old! UNINSPIRING to the MAX. A Squandered opportunity. Cronyism at its best....
  • I'm sorry

    02/05/2005 8:24:19 AM PST · by mikeminority · 25 replies · 1,097+ views
    brother | today | Chuck Pitman
    I humbly offer my opinion here: I am sorry that the last seven times we Americans took up arms and sacrificed the blood of our youth, it was in the defense of Muslims (Bosnia, Kosovo, Gulf War 1, Kuwait, etc.). I am sorry that no such call for an apology upon the extremists came after 9/11. I am sorry that all of the murderers on 9/11 were Islamic Arabs. I am sorry that most Arabs and Muslims have to live in squalor under savage dictatorships. I am sorry that their leaders squander their wealth. I am sorry that their governments...
  • PETA Meat Packing Co. Now Open For Business.

    12/04/2004 10:47:43 PM PST · by The UPS man · 5 replies · 451+ views
    12/05/04 | the UPS man
    Now I'm no intellectual(hold your comments), but if I was to aspire to open a meat-packing plant that slaughters animals for human consumption, or maybe just for fun, I don't think I would be running to some Human Resources Dept. of the Employment Bureau and solicit all the tree-hugger vegetarians I could find. I mean, maybe that wouldn't be the best way to get things off the ground. In fact, I think I would probably be shot down as quick as a Canadian Goose over the pond in Williamsburg Colony. Or one of the 3 deer I've killed thus far...