This Thread Blows - C19 and beyond

Norm said:
Yeah, I need to stay on top of this. How I yearn for the days when Max just talked about his lunch and that was the most popular post on the board.
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3 soft boiled eggs and the left overs of what my son didn't eat for lunch nothing can go to waste. I think that's all I'll eat today

Till this defrost
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Santapez said:
Actually, that doesn't even seem to make sense. Banks get bailed out? Just give them a ton of $$? And how do we proceed to make sure that money goes to employee compensation as opposed to other bills? It's a convoluted solution.
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GreenMachine said:
We have bailebanks out before... We bailed out the entire auto industry as well .
2008 Tarp program - $700 Billion
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clarkenstein said:
I want some serious strings on any cash loaned or given. Most of the companies have bought back shares. All for stock price, not actual real investment. If any company takes any stimulus they need to be held to a buyback prevention - for ten years or something stiff. So much money has been wasted on buybacks to appease EPS vs actual investment in technology, resources, or employees.

No one is talking about devaluation. That’s a whole other issue.
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Innocent question : why the resistance to stock buy back? How does that differ from paying a dividend?

The board of a public company has their mission defined as maximize shareholder value.

PS : I have no objection to letting the shareholders take it on the chin prior to ‘bailout’ keeping the company running for staff and client benefit.
 
bigW said:
Innocent question : why the resistance to stock buy back? How does that differ from paying a dividend?
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wasting money on your share price when you could save jobs and not lay-off people is what should be done. I look at it this way - it’s not the company’s money - it’s ours. So we tell them what to do with it. And that is not to benefit shareholders right now. That money is to stop the freefall of the economy. When people can’t pay their bills, fake dividends can take a back seat.
 
clarkenstein said:
wasting money on your share price when you could save jobs and not lay-off people is what should be done. I look at it this way - it’s not the company’s money - it’s ours. So we tell them what to do with it. And that is not to benefit shareholders right now. That money is to stop the freefall of the economy. When people can’t pay their bills, fake dividends can take a back seat.
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But, but, but.....



Goldman Sachs gave CEO David Solomon a 20% raise to a head-spinning $27.5 million in assets and cash for his work last year, the company revealed.
The news comes as the Trump administration weighs massive industry bailouts amid the coronavirus crisis — and triggers memories of the Wall Street bailout, which included $10 billion for Goldman Sachs.
 
jdog said:

Roll back the timeline and hit play. Don't do this if you are already freaking out.
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OK - I am firmly in the 'this is bad' camp, and it will spread.
But some of the charts i'm seeing are just to drive a point. That one is trying to say it is everywhere.
This is not news.

There are 7,600,000,000 people in the world. 350,000 have/had covid-19 (1 in 22,000)

i'll go out on a ledge and predict it hits 1M by the middle of next week - then the rate will slow down.
hitting 2M a week or so later. then they will keep coming but the recoveries and deaths/new will subside.

not sure what will happen when we get to go out again. hopefully no rebound. I'm not sure how that couldn't
happen given the penchant to travel and congregate....
 
Bike N Gear said:
Any chance CV is transferred by sweat?

View attachment 122663Everything I touch has me second guessing coming to work today.
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Everything I touch has me second guessing coming into work everyday. This virus is by far the least of my concerns on any level, which I why I've been so lax about it. I'll send pics of the tri bike in my stand right now. I'm 99% sure the guy shit on it.
 
bigW said:
Innocent question : why the resistance to stock buy back? How does that differ from paying a dividend?

The board of a public company has their mission defined as maximize shareholder value.

PS : I have no objection to letting the shareholders take it on the chin prior to ‘bailout’ keeping the company running for staff and client benefit.
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Here's the difference: additional dividends don't enrich management, just the shareholders. Stock buybacks increase stock price, and those who decide upon buybacks get stock options. The buyback temporarily increases EPS with less shares, until the executive exercises his options. Now the shareholder is worse off. I would tolerate buybacks if there were no executive stock option compensation.
 
jimvreeland said:
Everything I touch has me second guessing coming into work everyday. This virus is by far the least of my concerns on any level, which I why I've been so lax about it. I'll send pics of the tri bike in my stand right now. I'm 99% sure the guy shit on it.
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yuk!
 
Patrick said:
OK - I am firmly in the 'this is bad' camp, and it will spread.
But some of the charts i'm seeing are just to drive a point. That one is trying to say it is everywhere.
This is not news.

There are 7,600,000,000 people in the world. 350,000 have/had covid-19 (1 in 22,000)

i'll go out on a ledge and predict it hits 1M by the middle of next week - then the rate will slow down.
hitting 2M a week or so later. then they will keep coming but the recoveries and deaths/new will subside.

not sure what will happen when we get to go out again. hopefully no rebound. I'm not sure how that couldn't
happen given the penchant to travel and congregate....
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Nothing to worry about. Trump wants to start removing restrictions in a week since that would be 15 days total. We got this beat.
 
Lol
My wife is respiratory therapist, shes been second guessing for decades. Oh she was just informed she was exposed before covid routine lockdown was being tested. Great to know now ?.
 
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