The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label ceo. Show all posts
Showing posts with label ceo. Show all posts

Tuesday, May 17, 2016

Corporate CEO’s spurn Obama and the IMF by saying Brexit will help not hurt UK businesses

Just as revelations have emerged on just how draconian the Trans-Atlantic Trade and Investment Partnership (TTIP) is for European countries, so too is the rhetoric being spewed by politicians such as Barack Obama and Christine Lagarde in regards to the Brits leaving the Eurozone little more than a demand for political coercion.  Because while the President of the United States threatens the EU with import sanctions if they choose not to play ball with the ‘arm twisting’ regime out of Washington, CEO’s for 300 corporations are dismissing the U.S. commander-in-chief and are now in support of a Brexit since they believe it will help, not hinder, UK businesses.

Read more on this article here...

Wednesday, August 15, 2012

Car company known for battery fires hires new CEO from company known for battery fires

It appears that in the world of alternative energy automobiles, leadership over the new and volatile technology is nothing more than a shell game.  On Aug 12, the Fisker automobile company, known recently for their car batteries catching fire, has hired a new CEO, who has his own track record of running a car company known for their car batteries catching on fire.

"Fisker Automotive named the former head of General Motors Co's (GM.N) Chevrolet Volt program as chief executive on Tuesday, marking the second time the troubled, government-funded start-up has replaced its top executive this year. Tony Posawatz, who oversaw the development of the Chevy Volt plug-in hybrid for six years before he left GM this summer, will replace outgoing CEO Tom LaSorda. - Reuters

The Federal government is not the only institution where the blind leads the blind.  Corporate America is full of faulty paradigms and 19th century thinking that has quickly lead to stagnation and loss of economic superiority in the world.

One must remember how far we have digressed.  America put a man on the moon using little more than a slide rule.  Today, we cannot build a working electric car battery with super computers and billions of dollars of taxpayer money.

Friday, December 16, 2011

Three years too late: Sec to finally sue Fannie and Freddie executives for fraud

During the Savings and Loan scandal of two plus decades ago, over 1100 bankers were arrested, indicted, and jailed for fraud.  In the 2008 credit crisis and subprime meltdown, nary a soul has been interrogated beyond a cursory hearing before the Congressional dog and pony shows.

So when the SEC in 2011 finally decides to step up and act like they are doing their fudiciary and regulatory duty in suing former CEO's of Fannie and Freddie for fraud and misleading investors on the subprime risk, it is simply a matter of three years too late, and one wonders if this is a simply a political move, rather than a judicial one.

Between December 6, 2006, and August 8, 2008, (the "Relevant Period"), Daniel H. Mudd ("Mudd"), Enrico Dallavecchia ("Dallavecchia") and Thomas A. Lund ("Lund") (collectively, "Defendants"), made or substantially assisted others in making materially false and misleading statements regarding Fannie Mae's exposure to subprime and Alt-A loans.
For example, in a February 2007 public filing, Fannie Mae described subprime loans as loans "made to borrowers with weaker credit histories" and reported that 0.2%, or approximately $4.8 billion, of its Single Family credit book of business as of December 31, 2006, consisted of subprime mortgage loans or structured Fannie Mae Mortgage Backed Securities ("MBS") backed by subprime mortgage loans.
Fannie Mae did not disclose to investors that in calculating the Company's reported exposure to subprime loans, Fannie Mae did not include loan products specifically targeted by the Company towards borrowers with weaker credit histories, including Expanded Approval ("EA") loans. As ofDecember 31, 2006, the amount ofEA loans owned or securitized in the Company's single-family credit business was approximately $43.3 billion, yet none of these loans were included in the Company's disclosed subprime exposure. - Lawsuit filed

Mudd Fnm Fre Doc

Thursday, December 15, 2011

Rich get richer: Executive bonuses back up in 2011

Is it any wonder why Occupy Wall Street took off earlier this year when it appears once again the top executives for US corporations will be receiving higher, and even record bonuses?

Chief executive pay has roared back after two years of stagnation and decline. America's top bosses enjoyed pay hikes of between 27 and 40% last year, according to the largest survey of US CEO pay. The dramatic bounceback comes as the latest government figures show wages for the majority of Americans are failing to keep up with inflation.
America's highest paid executive took home more than $145.2m, and as stock prices recovered across the board, the median value of bosses' profits on stock options rose 70% in 2010, from $950,400 to $1.3m. The news comes against the backdrop of an Occupy Wall Street movement that has focused Washington's attention on the pay packages of America's highest paid. - Gaurdian UK

With new census reports showing 1 in 2 Americans are considered poor, or in poverty, the rise of protest and rebellion agains the elite will only increase and perhaps lead to more violence in what is shaping up to be a tumultuous 2012 forecast.

Wednesday, September 21, 2011

Rumors beginning to swirl of Meg Whitman taking over at HP

With the rumors fresh off the press of HP getting ready to dump their CEO, Leo Apotheker, replacements are also coming in hot and heavy, and one name zooming to the top of the list is former Ebay CEO, Meg Whitman.

HP has endured scandal after scandal. Now, it is being suggested that Leo Apotheker may be out and new board member Meg Whitman may become CEO. Would that be the right move for the tech giant right now? - Fortune via CNN Money
If she does take over HP, it confirms something I wrote in my other blog... an industry that simply recycles fired ceo's.

Tis the season to sack CEO's... fa la la la la, la la la la

Tech companies seem to be in desperate straights to boost their stock up just before the September/October season of mutual fund reports.  Since corporations are lacking fundamentals, the next best thing is to sack the CEO, blame him/her for the problem, and then pretend its time for the dreaded 'reorganization', which is simply a silly show for Wall Street, but accomplishes little.

Rumors are abound that Hewlett-Packard is ready to cast their leader to the wind, which follows the recent purge of Yahoo's head victim.

No worries though... like most sacked CEO's, they will quickly find themselves hired by another Fortune 500 company simply because in America, titles are more important than ability.

When all else fails, scapegoat, which in corporate America means fire your CEO. According to a headline from Bloomberg right now, HPQ (and soon many other companies) will follow Yahoo in dumping its CEO, Leo Apotheker. The result: a surge in the stock. Our question: will Leo draft his "WTF" letter from an iPad as well? Expect the Netflix board to "spin off" its CEO next. - Zerohedge