Showing posts with label The Not-So-Surprising Department. Show all posts
Showing posts with label The Not-So-Surprising Department. Show all posts

Friday, May 1, 2009

FROM THE NOT-SO-SURPRISING DEPARTMENT: CFO's Still Make Lots of Money

CFO Magazine reports news that's about as shocking as, oh, I don't know, Sean Hannity supporting waterboarding. An FEI survey says that 31% of finance executives didn't get a raise after 2008! Or...69% got raises...

Salaries averaged $257,800 for private company CFO's and public company CFO's averaged $410,100.

Populist outrage may now ensue.

FEI: No Raises for 31% of Finance Execs [CFO] Sphere: Related Content

Tuesday, March 31, 2009

Links 3/31/2009

Apparently, "love thy neighbor" is thriving in this economy. [Daily Intel]

This isn't news. [Denver Business Journal]

Best idea yet. [The Onion]

For your viewing misery [Slate]

Republicans (or just Reagan worshippers) start your hate-filled emails now [naked capitalism] Sphere: Related Content

Tuesday, March 24, 2009

FROM THE NOT-SO-SURPRISING DEPARTMENT: Maxine Waters Doesn't Make a Damn Bit of Sense

Maxine Waters is doing her constituents proud again today folks. In today's version of AIG crucifixion, she's throwing out the whole Goldman Sachs conspiracy theory as it relates to the eventual dismantling of the entire economy so that GS can be the supreme ruler of the universe. This is sure to fly with the likes of T. Geith and Ben.

Can't BFrank put a stop her batshit insane rambling? I mean, the 5 minutes (or wtf it is) allotted to each member of the subcommittee is one thing but if a committee member can't form a clear and coherent question that is of some relevance to the hearing in under 30 seconds, the chairperson should have the power to call a forfeit for the rest of the time and the cost to the taxpayers of said time should be tracked. Maxine Waters (and reps like this) have clearly done more damage to the poor saps at CSPAN than can possibly be quantified.

Maxine Waters Puts On Her Goldman Sachs Conspiracy Hat [Clusterstock via Daily Intel] Sphere: Related Content

Wednesday, March 18, 2009

FROM THE NOT-SO-SURPRISING DEPARTMENT: Companies that Make Crappy Products Might Go Out of Business

Crocs, Inc.'s auditors have found that there is "substantial doubt about the company's ability to continue as a going concern".

That's fancy accounting talk for go the hell out of business.

Now I know some of you might own a pair of Crocs and may even like them but it's fair to say one thing, they are pretty hideous looking.

People that wear Crocs out in public deserve ridicule. Plain and simple. The one exception may be healthcare professionals, as they are not subject to any sort of fashion participation at their jobs.

Accordingly, the market for this product is shrinking and shrinking fast. As a result, revenues are also shrinking and they can't get a new line of credit. Hold your breath, this financial downturn may have a upside after all!

Audit raises ‘substantial doubt’ about Crocs as ‘going concern’ [Denver Business Journal] Sphere: Related Content