Long or Short Capital

The president of the United Auto Workers union said the dire financial troubles of the three U.S. auto makers is the result this year’s spike in gasoline prices and the meltdown on Wall Street, not missteps by management or high labor costs.
“This industry is in a crisis situation not of its own making,” Ron Gettelfinger said in an interview Saturday afternoon with The Wall Street Journal

The president of the United Auto Workers union said the dire financial troubles of the three U.S. auto makers is the result this year’s spike in gasoline prices and the meltdown on Wall Street, not missteps by management or high labor costs.
“This industry is in a crisis situation not of its own making,” Ron Gettelfinger said in an interview Saturday afternoon with The Wall Street Journal

LongorShortCapital has received approval to become a bank holding company as of November 13th 2008. LoS, through absolutely no fault of management, has been hit by The Perfect Storm of Perfect Storms. This storm impaired our capital and destroyed our ability to continue paying lucrative dividends to subscriberholders. These dividends are the lifeblood for our investors/readers, many of whom derive the majority of a minority of their income from LoS dividends. Transforming the company from a purely fictional producer of financial satire into a bank holding company will allow LoS to access the TARP, the Fed discount window, and the slush fund to pay US auto workers*.

LongorShortCapital has received approval to become a bank holding company as of November 13th 2008. LoS, through absolutely no fault of management, has been hit by The Perfect Storm of Perfect Storms. This storm impaired our capital and destroyed our ability to continue paying lucrative dividends to subscriberholders. These dividends are the lifeblood for our investors/readers, many of whom derive the majority of a minority of their income from LoS dividends. Transforming the company from a purely fictional producer of financial satire into a bank holding company will allow LoS to access the TARP, the Fed discount window, and the slush fund to pay US auto workers*.

LongorShortCapital has received approval to become a bank holding company as of November 13th 2008. LoS, through absolutely no fault of management, has been hit by The Perfect Storm of Perfect Storms. This storm impaired our capital and destroyed our ability to continue paying lucrative dividends to subscriberholders. These dividends are the lifeblood for our investors/readers, many of whom derive the majority of a minority of their income from LoS dividends. Transforming the company from a purely fictional producer of financial satire into a bank holding company will allow LoS to access the TARP, the Fed discount window, and the slush fund to pay US auto workers*.

Historically, the claim of consensus has been the first refuge of scoundrels; it is a way to avoid debate by claiming that the matter is already settled. Whenever you hear the consensus of scientists agrees on something or other, reach for your wallet, because you’re being had.

Historically, the claim of consensus has been the first refuge of scoundrels; it is a way to avoid debate by claiming that the matter is already settled. Whenever you hear the consensus of scientists agrees on something or other, reach for your wallet, because you’re being had.

Historically, the claim of consensus has been the first refuge of scoundrels; it is a way to avoid debate by claiming that the matter is already settled. Whenever you hear the consensus of scientists agrees on something or other, reach for your wallet, because you’re being had.

Fidelity, the privately held investment management firm, wants to manage billions and trillions of dollars. In other words, it wants 7 or 8 figure of AUM according to Fidelity math. Here is an actual ad the firm was running in Yahoo Finance’s retirement section, pointed out by a reader.

If their advice on how to retire a millionaire is to become a thousandaire…well that is the exact way in which they have managed much of their clients’ retirement portfolios over the past 3 years, so we give them points for consistency.
Recommendation: Take Fidelity public for the sole purpose of shorting it.
HT: AB

Fidelity, the privately held investment management firm, wants to manage billions and trillions of dollars. In other words, it wants 7 or 8 figure of AUM according to Fidelity math. Here is an actual ad the firm was running in Yahoo Finance’s retirement section, pointed out by a reader.

If their advice on how to retire a millionaire is to become a thousandaire, well that’s the exactly they have managed much of their clients’ retirement portfolios over the past 3 years, so we give them points for consistency.
Recommendation: Take Fidelity public for the sole purpose of shorting it.
HT: AB