Wednesday, May 02, 2018

Blind Item #2 - Easy Come Easy Go - Mr. Hedge

This foreign born A-list model must be horrified by her CEO husband's plunging stock price today.  The company burned through over $1.50 in cash for every $1 in sales. 

The CEO didn't want to go to jail someday, which is smart. The downside of that meant that he was only allowed to sell a very small percentage of his stock in the company, since its fortunes began to collapse. 

Before long, the rest of his stock will be virtually worthless, and he will be far away from the billionaire club. There is only about a year and a half worth of cash left at his company.   

54 comments:

Sun Spirit said...

Miranda Kerr and her snapchat husband

MontanaMarriott said...

Evan Spiegel and Miranda Kerr?

TLT said...

Miranda Kerr. Snapchat. Evan Spiegel.

Brayson87 said...

+1 Sun, Montana, TLT

Brayson87 said...

You knew the company was f*cked when they thought getting into bed with a kardashian would help.

Brayson87 said...
This comment has been removed by the author.
Adrian Grimples said...

Why don't they just come out and say "We're a massive project for perfecting facial recognition software that'll be useful in the upcoming panopticon. We have a massive userbase of people who freely help us develop these technologies that have worldwide surveillance implications."

Maybe they'll get investments from interesting contractors.

Brayson87 said...

"Practice isn't perfect
But the market cuts a loss
I remind myself that times could be much worse
My wife won't ask me questions
And there's not so much to ask
And she'll never flaunt around an empty purse"

Geeljire said...

There's a conspiracy theory that links the Rothschilds, the sinking of the Titanic, and the creation of the Federal Reserve.

On Friday I stumbled across a tweet sent in reply to a prominent finance parody account on Twitter. It featured the black-and-white image of three men and the Titanic.

The text on the photos named Benjamin Guggenheim, Isa Strauss (actual name Isidor Straus), and David Astor as three wealthy men who died on the Titanic. So far, so good - the men were all real and wealthy.

Below each name it says "opposed new Federal Reserve Bank." The Titanic's sinking happened in 1912, and the opening of the Federal Reserve happened in 1913. Was the hint that their opposition to the Fed and their deaths were somehow linked?

TLT said...

Wasn't JP Morgan a part of it, too? Was he working with the Rothschilds?

SteveD said...

The next time she sells her ass, she should make sure it's for a diversified portfolio.

Vessimede Barstool said...

Surprisingly Evan Spiegel isn't a Jew (I know right?). He's an old money WASP. Saying all that even without the tribal protection he's gonna be fine. Dudes like him always walk away from the train wreck with plenty of cash and on to pastures new. Unless he's wronged a made guy or forgot to grease the right palm nothing will happen when the ship sinks. His main worry will be keeping up with the trophy wife/whore allowance demands, that can't be cheap.

Guesser said...

The real question is,do the yachting fees for Miranda go up or down? Is she willing to use her talents to rescue the company?

Geeljire said...

Does that mean there's still hope for Spike Spiegel?

Brayson87 said...

"She was a bad investment on my part. Luckily, I have a friend who wanted to try something new. Something daring. And he was so grateful to me for providing this fresh experience."

Mad Hominem said...

@Geeljire—

On Friday I stumbled across a tweet sent in reply to a prominent finance parody account on Twitter. It featured the black-and-white image of three men and the Titanic... Benjamin Guggenheim, Isa Strauss (actual name Isidor Straus), and David Astor....

Below each name it says "opposed new Federal Reserve Bank." The Titanic's sinking happened in 1912, and the opening of the Federal Reserve happened in 1913. Was the hint that their opposition to the Fed and their deaths were somehow linked?


I love a power-play conspiracy as much as the next guy (don't get me started on JFK), but the question is not, "did they die because they opposed the Fed?" The question is, "did these three men have sufficient cloud to hinder and/or PREVENT the formation of the Federal Reserve?"

Geeljire said...

I am very happy you pointed this out!
History indicates they did not!

Mad Hominem said...

Also, FWIW, Marketwatch is listing some bad news for Snapchat today.

SNAP Snap Inc. 11.37 -2.76 -19.51% 58.97M

As Seeking Alpha reports:
https://tinyurl.com/y9q563hy

Snap (NYSE:SNAP) has slid 22% and reached an all-time low of $10.96 following an earnings report where revenue growth failed to meet analyst expectations.

Downgrades are coming out of the woodwork: Evercore cut the stock to Underperform with a $9 price target, and Oppenheimer downgraded to Market Perform seeing a redesign that may have cost the company advertisers.

Morgan Stanley's cut its price target to $8, meanwhile.

On the bullish side, Credit Suisse and Goldman Sachs are sticking with Buy-equivalent ratings based on audience and upside potential.

MichiganMama59 said...

So who stuck the iceberg in the middle of the ocean?

-B said...

+1 for Adrian just mentioning the panopticon

Geeljire said...

The kids have to learn about TekWar sooner or later.

longtimereader said...

So miranda married her prince who is rapidly turning into a frog, gold digger karma!

Do Tell said...

Exactly, Michigan Mama.

Krab said...

@MichiganMama, David Geffen, of course.

plot said...

"The next time she sells her ass, she should make sure it's for a diversified portfolio"

I love this so much. It could be made into a line in an updated version of My Angel is a Centerfold or Gold Digger.

Spiegel will be fine. Embarrassed, sure, and roundly berated by daddy's friends who invested early (if they ignored the signs to sell by now.) If Spiegel were really smart, he'd have another money loser on the back burner and offer to roll over the old Snapchat stock into the new venture.

Miranda will do alright. The baby assures this.

Unknown said...

Evan was never in the billionaire club to begin with. The hope, dream, potential, etc. of money doesn't count. His dad has/had money, but that's dad's money not Evan's and it isn't billionaire either.

plot said...

Dad has enough money to soften Spiegel's fall. Evan isn't going to suffer when Snapchat tanks. If Evan heeded the advice of any financial analyst on the planet, he used his windfall from his IPO to diversify.

Doug said...

@Geeljire, I believe John Hamer has done a lot of good work on that question, and on others.

Doug said...

@MichiganMama59: Wow, you are a genius.

Itttt said...

Crapshat's Evan Spiegel and Miranda Kerr, as others have noted.

As to the Titanic conspiracy "theory", recall that this was 1912. No social media. "Wireless telegraph"/radio communication was new and its misuse/improper use actually contributed to the magnitude of the disaster. 2/3rds of the people (mostly crew) on board died:

Death toll was over 1,500 people, including approximately 815 of the passengers. 706 was the total number of survivors (492 passengers and 214 crew).

Easy enough to manipulate the official narrative to (re)write the actual history of what went down, never mind turn it into the sort of romantic tragedy James Cameron bullshit, let's be honest.

Geelfire noted "David Astor" - actually it was John Jacob Jack Astor IV (aka J J Astor), who is/was considered to be the richest man in the world at that time. Still think his voice wouldn't be significant enough to affect the formation of the FED?

Marconi was also offered free passage on the Titanic but had taken the Lusitania three days earlier (he also narrowly escaped being lost on the Lusitania 3 years later when it was sunk by a Uboat...another
interesting' historical event that directly led to the US entering WW1). Wonder what would have happened to his patents and companies had he died in either of these catastrophes?

JP Morgan and his close friends and associates Hershey, Frick, and Vanderbilt all had made arrangements for passage on the Titanic's maiden voyage however all "missed" it for a variety of (official) reasons.

Here is the wiki page on some Titanic alternate theories.

For shits and giggles as to methods to intentionally sink the ship (via iceberg or otherwise), I can imagine one or more of the following possibilities, from most to least plausible:

(A) One or more members of the crew intentionally directing the ship into an iceberg. They were already sailing through "iceberg alley" in the North Atlantic during prime ice flow/iceberg season. Captain Edward Smith was purportedly drunk in bed (he had been seen drinking earlier that night at the saloon bar)...could the 2 lookout(s) on duty also have been drunk/distracted/bribed? The official narrative reads as a cascade of small issues and warning signs missed/ignored (no binoculars for the lookouts, radio warnings ignored, not enough lifeboats for all of the occupants, ship moving at too high rate of speed through the dangerous waters etc.)...perhaps one or more of these problems were intentionally enacted in order to significantly increase the probability of a disaster occurring.
(B) A modified vessel(s), either ship or submarine, modified to secure itself to a selected iceberg and drive/push/guide it into the Titanic - sort of like a tugboat.
(C) Explosive devices detonated well below the water line along the seam*
(D) Torpedoes fired from a ship/submarine*

* = "Modern ultrasound surveys of the wreck have found that the damage consisted of six narrow openings in an area of the hull covering only about 12 to 13 square feet (1.1 to 1.2 m2) in total."

Itttt said...

Interestingly enough, there were a pair of Q statements involving the Titanic. One simply mentioned it. The other expanded with the following questions/comments:

"Who died on the Titanic?
What year did the Titanic sink?
Why is this relevant?
What ‘exactly’ happened to the Titanic?
What ‘class of people’ were guaranteed a lifeboat?
Why did select ‘individuals’ not make it into the lifeboats?
Why is this relevant?
How do we know who was on the lifeboats (D or A)?
How were names and bodies recorded back then?
When were tickets purchased for her maiden voyage?
Who was ‘specifically’ invited?
Less than 10.
What is the FED?
What does the FED control?
Who controls the FED?
Who approved the formation of the FED?
Why did H-wood glorify Titanic as a tragic love story?
Who lived in the movie (what man)?
Why is this relevant?
Opposite is true.
What is brainwashing?
What is a PSYOP?
What happened to the Hindenburg?
What really happened to the Hindenburg?
Who died during the ‘accident’?
Why is this relevant?
What are sheep?
Who controls the narrative?
The truth would put 99% of people in the hospital.
It must be controlled."

Itttt said...

Also of note, William Thomas Stead was lost aboard the Titanic. You don't hear much about him, however he was one of the fathers/pioneers of investigative journalism and specifically worked to uncover and report on child sexual/labor abuse, exploitation, and slavery and contributed greatly in getting the age of consent raised 13 to 16 in the UK. His loss was a great boon to child predators/pedos everywhere.

Violet said...

Miranda seems to have a knack for marrying men just as the star is set to fade: Bloom and now this one.
Gold-digger Karma or is she actually some kind of jinx?

plot said...

She doesn't favor discretion the type of which is sacrosanct to the billionaire class.

Brayson87 said...

@Violet, I think it's more like she's a sign of bad judgment.

Amy C Wright said...

I have no guesses and blinds of this nature remind me how nice it is to be not other people.

T. W. said...

@Adrian Grimples

Exactly.

I don't do social media.

Good luck getting security clearance if you use social media. They do check, and corporations do as well.

T. W. said...

@Geeljire

I saw a photo of old man Rothschild poking his finger into Prince Charles' chest. I wonder what would happen if one of us dared touch a royal.

The Wikipedia page on the Rothschilds is strange. I still can't decipher how one family owns 99 percent of the world's wealth. If Wiki is to be believed they made their money as bankers. You telling me one family owns every bank in the entire world?

DDonna Tarttty said...

@Geelfire burns ever brighter with obscure "Cowboy Bebop" gag.

John Doe said...

How can she still possibly be a Yacht girl? She's pushing 40 now. She's actually a lesbian who claims to be bisexual. As soon as the money is gone she will be too. And I would bet money that her next 'life partner' is going to be a woman.

Doug said...

@T. W.: "If Wiki is to be believed..."

It isn't.

designace001 said...

Evan has taken out so much dough, Evan will be just fine.
https://www.insider-monitor.com/trader/cik1699293.html

T. W. said...

@Doug

Thanks.

YouTube plans to crack down on fake news and conspiracy videos.

YouTube will be partnering with Wikipedia. No joke.

T. W. said...

Apple claims its stock is undervalued and will buy back some of it. What does CDAN make of that?

Halloweenie said...

Excuse me while I weep for a billionaire who gets demoted from billionaire to multi millionaire. Oh the humanity! How will he cope and survive?

Count Jerkula said...

Woodrow Wilson, worst president ever. Gave away our economy to the Federal Reserve, tried to give our sovereignty to the League of Nations, and signed the 19th Amendment. No POTUS has caused our country greater harm.

plot said...

Yeah, things were so much better in this country in 1910, wow, we really screwed up there.

Count Jerkula said...

$25.35 in 2018 = $1 in 1910. You call that progress?

plot said...

If it leads to mass immunization, the development of antibiotics, clean water and better sanitation, less childhood deaths, safe travel, strong allegiances with nations towards the common goal of peace centered on trade agreements rather than wars for resources...

Yes, fiat currency and the constructive use of debt played a hand in all that. It hasn't been without it's tradeoffs, granted. In many ways, it was done without the input of citizens or even our notice ("our" being a relative term that connects to our great grandparents.) It will run it's course, naturally, as all economic policy does, and it will be replaced by something else - and hopefully that transition will be made with as little violence and upheaval as possible. Probably not, but here's hoping.

Count Jerkula said...

Please, League of Nations and UN prevented no wars. NATO did, but that was Europe giving their sovereignty over to US, as payback for bailing their asses out 2x. UN is a total joke, just a PR tool, so irrelevant dumps like Canada, France and Honduras can pretend they have a say in what happens in the world.

Other stuff you mentioned, like antibiotics, sanitation, etc wpuld have happened w/o Wilson's travesty of a POTUS term.

His Federal Reserve led us into the Great Depression and his demand for reparations led us into WW2. How were they for childhood deaths? And dont even get me started on how the 19th Amendment has done more to oppress women than any other legislation in our country's history.

plot said...

Sounds like fan fiction for a superhero comic book there.

If you think that people are less oppressed by being denied the right to vote and hold public office, I really can't help you.

Count Jerkula said...

For your firat comment, what part is fiction?

For your 2nd comment, we will never have sex workers rights and legalized prostitution as long as women can vote. We are in an age of reform where vices like gambling and weed have become accepted, even embraced by society, but prejudice of women against whores will keep whores as criminals.

plot said...

And in what world would you imagine all women are sex workers?

I totally agree with you. I think sex workers should be paid, unionized, protected and supported by this society, if only because they do a job I sure as fuck don't want to yet it seems to be necessary.

I think it should be a profession like any other.

Most women I know, who are generally very happy we have the right to vote and for representation, feel exactly the same way. Blame it on the religious loonies. Nothing in this society is going to move forward until we eradicate them from all levels of government.

Count Jerkula said...

Unionized? That is crazy talk. They independent contractors, not employees. They should be licensed, tested and taxed. I aint looking for the whore with the most seniority at the brothel when i show up, i want a fresh bim w/ the tight tight and deer in the headlights eyes when my tongue penetrates her turdcutter.

Yeah, if there is one thing this last election taught us is what people say in public and what they do in the voting booth are not necessarily the same. Simple supply and demand, legal vagina rentals devalues civilian vagina by decreasing the amount of yappin and crazy a guy will put up with, and demolishes the power to manipulate a snatch has. Like reverse alchemy, turn what a woman has from gold to pot metal.

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