<o:p> <st2:personname w:st="on"> <st1:givenname w:st="on"> John </st1:givenname> <st1:sn w:st="on"> Thain </st1:sn> </st2:personname> is one of the poster children of why you can't believe a word out of any <u1:stockticker u2:st="on"> <st2:stockticker w:st="on"> CEO </st2:stockticker> 's mouths on Wall Street these days. A <st2:stockticker w:st="on"> CEO </st2:stockticker> of a financial services company who say's that the worst is behind us as far as losses due to the CDO market on their own books, only to learn that he has no clue what his losses are lying to them self’s and worse, the shareholder judging by the share capital raise this morning. Here is a piece of advice for <st2:personname w:st="on"> <st1:title w:st="on"> Mr. </st1:title> <st1:givenname w:st="on"> Thain- </st1:givenname> <st1:sn w:st="on"> Keep </st1:sn> </st2:personname> your mouth shut!!! Until you have a clue of what your losses are, and when you do have a clue add 100 BILLION to that clue, then and only then will you have the ear of investors who know more about your businesses then you do! </u1:stockticker> </o:p>
The book should have been written to ZERO!!!!! As all the Investment Banks Should have done a year and six months ago. Any upside realized after that would have lifted your stock and saved the credibility of your business. You were not at <st1:givenname w:st="on"> Merrill </st1:givenname> then but you are now. WRITE IT <st2:stockticker w:st="on"> ALL </st2:stockticker> TO ZERO NOW!! <st2:stockticker w:st="on"> AND </st2:stockticker> STOP THIS NONSENSE. <o:p> </o:p>
You look like a liar and someone who can’t be trusted, Mr.Thain. The least you can do is save your good, hard working employees instead of dragging them down with you! <o:p> </o:p>
As the saying goes "When the Whore House is raided they take the good girls with the bad", in this case <u1:personname u2:st="on"> <u3:title u2:st="on"> <st2:personname w:st="on"> <st1:title w:st="on"> Madame </st1:title> <u3:sn u2:st="on"> <st1:sn w:st="on"> Thain </st1:sn> </u3:sn> </st2:personname> makes even the good girls seem bad! </u3:title> </u1:personname>
$24.33 (07/29/08)
