I told you so! [financial, not political]

[Bob Juch]

Wells Fargo just announced that they're issuing $10,000,000,000 additional stock. Their current stock should plunge overnight and tomorrow.

I said they were overreaching acquiring Wachovia.

Yes, I'm bitter. The bastards cost me my job.

[Flybrick]

Aw, did the widdle wiberal get fired by the big bad corporation that provided the job in the first place? Did you rail at them when you took the job? Nope, only when the bad part happened.

That seems fair.

Don't worry, you've got your Messiah. I've no doubt he and the Democratic disciples will be able to create enough jobs for everyone with the five fishes and two loaves that those to be taxed more will have to pay for.

It's always worked that way before, right?

[christie1111]

Hey FlyBrick?

You think it is fun to tease someone who lost their job? I don't care what their political affiliation is or what they said about who on the election.

You really dropped a whole hell of a lot with that post in my opinion of you.

But maybe that doesn't matter.

What is happening to people on this Bored?

Christie, shaking head in disbelief.

[silvercamaro]

Christie, my advice is to just let it work itself out. I know you have avoided most of the political threads, so you may not be aware that many malignant things have been said on all sides, but the worst have come from people who have presented an unrelenting attitude of arrogant superiority. Blood pressures have risen. Not all of them will go down right away, because it now has become about more than politics.

You are a wonderful, sweet woman who wants everyone to be friends -- but there remain a small number of people on the planet who have earned neither friendship nor particular kindness.

[gotribego26]

Wells Fargo just announced that they're issuing $10,000,000,000 additional stock. Their current stock should plunge overnight and tomorrow.

I said they were overreaching acquiring Wachovia.

Yes, I'm bitter. The bastards cost me my job.

Do you ever read the line you include as part of your signature. Of course this issue isn't complex so maybe the line doesn't apply. You exhibited no insight here.

Here is the press release that Wells farge issued on October 3rd when they agreed to the merger

https://www.wellsfargo.com/press/2008/20081003_Wachovia

In the 4th paragraph they announced publicly to anyone willing to take the time to read and understand that they would issue $20 billion of securities to bolster their capital to conclude the acquisition. Today's release clearly states this is $10 billion of that $20 billion.

[Flybrick]

christie111, you are correct, I did take a cheap shot. I shouldn't have, the mature thing would have been to commiserate with him at best, or at worst, just kept my mouth (ok fingers) shut. Unfortunately, I can't undo it.

But I do not apologize to BobJ. for it. He felt free to mock/ridicule the right/big business during the very recent political silly season as well as pontificate ad neausum (sp?) to the point of distraction, so I find no sympathy for him when he runs afoul of that same big business doing it's thing.

Let his chosen one save him. Proof in the pudding and all that.

However, for bobj to cry foul when his company let him go is hypocritical. He was more than happy to be hired by them. Firing can happen to anyone who isn't the owner and everyone who works knows it can happen.

Should the company have kept him on if his skills are no longer useful or contributing to the company's profit margin at the rate desired?

Does the company have no responsibility to its shareholders to cut costs when able and boost profits? Which is it to be?

Yes, I've been fired (made superflous) before. It sucks, it's no fun, it's scary.

Hope and change, eh?

I don't wish BobJ. ill and I hope he lands on his feet before things go south on him financially. But for him to wish ill towards his former employer just frosted my flakes.

That's how I took his thread opener so I'll live with the (deserved) reproach.

[Bob Juch]

christie111, you are correct, I did take a cheap shot. I shouldn't have, the mature thing would have been to commiserate with him at best, or at worst, just kept my mouth (ok fingers) shut. Unfortunately, I can't undo it.

But I do not apologize to BobJ. for it. He felt free to mock/ridicule the right/big business during the very recent political silly season as well as pontificate ad neausum (sp?) to the point of distraction, so I find no sympathy for him when he runs afoul of that same big business doing it's thing.

Let his chosen one save him. Proof in the pudding and all that.

However, for bobj to cry foul when his company let him go is hypocritical. He was more than happy to be hired by them. Firing can happen to anyone who isn't the owner and everyone who works knows it can happen.

Should the company have kept him on if his skills are no longer useful or contributing to the company's profit margin at the rate desired?

Does the company have no responsibility to its shareholders to cut costs when able and boost profits? Which is it to be?

Yes, I've been fired (made superflous) before. It sucks, it's no fun, it's scary.

Hope and change, eh?

I don't wish BobJ. ill and I hope he lands on his feet before things go south on him financially. But for him to wish ill towards his former employer just frosted my flakes.

That's how I took his thread opener so I'll live with the (deserved) reproach.

You haven't been following things. I was (technically still am) employed by Citigroup who made a deal with Wachovia. If they hadn't the FDIC would have taken them over the next day. Less than a week later Wells Fargo announced that, no, they were taking over Wachovia. That was brokered by the head of the FDIC. Citi was backstabbed. That's why they're suing Wells Fargo for $60,000,000! If the deal had gone though I wouldn't have lost my job. Wells Fargo is going to be able to take a $60,000,000 break. Part of that's coming out of your pocket.

I have no ill will against Citi. In fact if I can get another job quickly, their severance package is going to make me richer.

[Estonut]

He felt free to mock/ridicule the right/big business during the very recent political silly season as well as pontificate ad neausum (sp?) to the point of distraction, so I find no sympathy for him when he runs afoul of that same big business doing it's thing.

I don't get this, Fly. How is it that an anti-big business stance Bob may have taken negates any sympathy he may have earned when he gets screwed over by them? I might see your point if he had been a big-business proponent who was then screwed over by them, but that is not the case here.

[Flybrick]

estonut, I want Bob's Messiah to help him.


I've got a grudge.

I've been called out on it, I confess to it.

But damned if I'll apologize for it.

[Estonut]

estonut, I want Bob's Messiah to help him.


I've got a grudge.

I've been called out on it, I confess to it.

But damned if I'll apologize for it.

Yeah, I understand all of that. I just don't understand the logic of your not being able to offer sympathy because he was screwed over by something that he was against the whole time.

[Flybrick]

Logic had nothing to do with it.


I was and am p1ssed by BobJ's smugness during the campaign and, especially, now that it's over, his continuing in that manner.

President-elect Obama is going to be my President. He starts with a clean slate with me come 20 Jan 09.

BobJ, on the other hand, just continues his diatribes.

I let emotion (anger) lead me to write something stupid, forget about coherent or logical.

[christie1111]

christie111, you are correct, I did take a cheap shot. I shouldn't have, the mature thing would have been to commiserate with him at best, or at worst, just kept my mouth (ok fingers) shut. Unfortunately, I can't undo it.

But I do not apologize to BobJ. for it.

Thank you Flybrick.

[Flybrick]

Everyone can stand getting their wings clipped every so often to ensure humility.

I needed, and took, a good trimming...