IPO's:
Insiders Public Offering
Insiders Phooling Outsiders
Wall Street is the poster child for semantic dishonesty. Among the verbal lies are the following:
Even worse are the political action committees that are named after all kinds of patriotic and moral soundbytes ... but that is another sad story.
An offspring of the poster child for semantic dishonesty is something called "IPO's." To hear Wall Streeters liars and their mediac lapdogs explain it, IPO means Initial Public Offering. However, if one follows the money, one realizes that IPO really means Insiders Phooling Outsiders.
The misnamed investment bankers arrange to sell IPO stock to individuals
or pension
mismanagers
. Unlike China where
the money goes into production and jobs to employ the masses, Wall Street
IPO's put the money into pockets of the corporate insiders. None goes into
production. The buying outsiders are phooled into believing they are
participating in capitalism; however, no capitalizing of production results.
As a rule, the IPO cash goes into Wall Street M&M's, mansions and mistresses.
A sibling of this poster child offspring is the
bastard stock option where a corporate
insider gets lots and lots of stock which are sold to the stupid, naive or
igknowant public. Bastard stock options are form of
counterfeiting
, that is, offereing
something for circulation as a form of currency that has not value to it.
This writer's favorite infamous IPO darling is Seagate Drive which has been churned through the IPO wringer several times. Many old line Main Street companies have been taken "private" bought and saddled with debt to pay off the buyers before taking the privitized corporations are re-publicized with Initial Public Offerings, aka, Insiders Phooling Outsiders. In real estate, the buying-reselling without adding value is called flipping.
Consider what was said by "Jerome Kohlberg, the first K of the famous leveraged-buyout firm KKR, concedes that, 'Of course, what we were really doing, in my view, and I've thought about this a lot, was taking earnings or value that should've gone to the shareholders and bringing it unto ourselves.'" KKR is the longest top-gun in using the privitizatizing and re-publicizing corporations. What's good for the goose is good for the gander: In 2008, KKR took itself public with an IPO. This is like a bank robber selling his future jobs while keeping all of his past thefts.
Caveat Emptor: One can see forthcoming Insiders Phooling Outsiders
by watching ads on TV. When there is a sudden spate of ads for an unknown
company offering something to good to be true or an old-line company suddenly
being very visible, the advertising is to prime wage-earners and
pension mismanagers
to buy a media darling.
The money for the corporate insiders is not in the profits of the company
but in the selling stock to the public, stock that will be worth less in
the future.
How can one add layers of bureaucracy and come up with a lower cost despite the service-providers not lowering their prices?
For the phoolers, the money is in the options not the business. The
MBA business
model is to fake and rape the public. This is the general racketeering modus
operandi of Wall Street liars, e.g., rating funny paper high while selling
off their own funny paper as Goldman Sachs did repeatedly with all kinds
of funny paper. Anyone who buys stock in a decapitalistic rigged system not
only deserves to lose their money but deserves to be fined and punished for
being igknowant co-enablers of legal thieves. This is especially true of
pension mismanagers
.
Jack and Jills deserve desperation,
destituted and demise.
What do you call habitual flippers? Hedge funds. Where do you find them besides on Wall Street? Taking vacations as presidential advisors or appointees in the White House where they build up their rolodex contacts of "who you know counts" before returning to the rape and murder of the American Middle-Class on Wall Street.
Examples of Insiders Phooling Outsiders (also see examples in Bastard Stock Options)
Afterthoughts:
To Do List | Whole Scheme * Signup * Recruit * ISPs * Help * UPS * TTD? * BDC * Global Dying * MHC * Morality * 24in4 * Retiming |
Navigate | ABCIndex * Image Bibs * IndexDir * Indexes * Rags * Reference Bibs * RefsMajor RefsYMD * Slideshows * |
WebLinks | Timism.com * Timism.Net (F L) ... GlobalDying * Letters * Essays * MiniIndx * Writings |
ManHeaven | Index * IndexDir * D2D * CO2 Sins * Forms * GOOHF * Ltrs * Oath * Index * Summary Tipping Pts * TTD-MH |
Armadas | FlotillasLinks 6576, flObj, flObj$ |
Flotillas | |
Are You: | Ill-Employed ... WorkHog ... Rioter ... Moral ... Immigrant ... Habitual Politician ... Medical Staff ... Military ... ManHell Letters |
Survival | SurfWisely * Timism vs. Habituals * Contract * Credo * Jack and Jill * Hope * What We Need * Leave Me Alone I hate you ... Ttd4U ... Modus Operandi |
Tables | temp 091226-0724 ntvd error |
Created by Linkstat.bas\Program
CMD:G: BBS
05-22-2015 @ 07:32:32
(Len=12k)