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1 week ago
in RIP Market Volume on Zero Hedge
Investors kidnap and torture investment manager in retaliation for losses: http://www.independent.co.uk/news/world/europe/...
The investment manager was rescued by commandos.
The investment manager was rescued by commandos.
1 reply
Diddlybot
What a waste of commando resource.
2 weeks ago
in Blog: Wal-Mart Watch Daily Clips - June 18th | Wal-Mart Watch | Fighting for Wal-Mart Workers | Employee Free Choice Act on Walmart Watch Blog
Walmart already has Best Buy beat on customer service. This is easy to prove. Just show up at either store at 7 AM to buy something. The Walmart will let you right in to get what you need. The Best Buy thinks so little of its customers that it locks you out until 10 AM.
So much customer service is willingness to serve customers. By locking customers out except for limited hours each day, Best Buy and other companies push customers away.
So much customer service is willingness to serve customers. By locking customers out except for limited hours each day, Best Buy and other companies push customers away.
1 reply
Alex from Ontario, Canada
Sure thing...show up 3 hours earlier to find an employee that has very limited knowledge about anything other than a bath towel.
A 7am visit may be ok for the purchase of a shirt however dealing with specialized electronics is another thing. Well worth the 3 hour difference.
R E M E M B E R
J O N Q U I E R E
Q U E B E C
Home of Walmart Worker Abuse
R E M E M B E R
J A C K S O N V I L L E
T E X A S
Home of Walmart Worker Abuse
R E M E M B E R
G A T I N E A U
Q U E B E C
Home of Walmart Worker Abuse
A 7am visit may be ok for the purchase of a shirt however dealing with specialized electronics is another thing. Well worth the 3 hour difference.
R E M E M B E R
J O N Q U I E R E
Q U E B E C
Home of Walmart Worker Abuse
R E M E M B E R
J A C K S O N V I L L E
T E X A S
Home of Walmart Worker Abuse
R E M E M B E R
G A T I N E A U
Q U E B E C
Home of Walmart Worker Abuse
3 weeks ago
in CBRE: This Has NOT Been A Liquidity Crisis, But A Crisis Of Bad Credit on Zero Hedge
Even if 2 of Fitch, Moodies, and Realpoint bless CMBS as AAA, S&P can throw a wrench in the works because the Fed's TALF guidelines prevent any instrument from qualifying if it receives a rating by any agency below AAA. Of course, the Fed can scrap the requirement of no rating below AAA, but it hasn't yet.
1 reply
Dark Space
Hi E, the insurance companies typically do not use leverage, so the issue is not TALF. Rather, the issue is that their regulatory based capital requirements (from the NAIC, and various state regulators) generally allow them to classify a bond as AAA if the middle rating is at least AAA. They have to set aside additional capital if the ratings fall too low, so Realpoint continuing to rate the bonds AAA really is a life saver (especially since the insurance companies hold so much CMBS).
In terms of the CBRE presentation, it was disappointing, unprofessional, and full of factual errors. I was surprised. They are raising a CMBS fund too - are they talking down prices while they're fundraising so they can buy cheap? http://www.cmalert.com/headlines.php?hid=28589
In terms of the CBRE presentation, it was disappointing, unprofessional, and full of factual errors. I was surprised. They are raising a CMBS fund too - are they talking down prices while they're fundraising so they can buy cheap? http://www.cmalert.com/headlines.php?hid=28589
1 month ago
in Blog: Wal-Mart Watch Daily Clips - June 2nd | Wal-Mart Watch | Fighting for Wal-Mart Workers | Employee Free Choice Act on Walmart Watch Blog
The EFCA is very anti-worker since it abolishes their basic democratic right to a free ballot.
1 reply
Mark
Realist, keep the facts straight but you can still state the obvious. The EFCA does NOT abolish the free ballot BUT it will effectivly render it null and void. Why would a union stop at 30% and then call for the election when if they get 50% they can AND WILL stop right there and not even call for an election. Why should they? They won once they reach that point. That's hypocracy of the Employee Free Choice Act... there is NOTHING employee free about it... unless you're a union who can't wait to get their hands on dues money of course.
The EFCA is the best spent union member dues you can find. It's ashame the main thing it does is screw over the people they purport to support.
The EFCA is the best spent union member dues you can find. It's ashame the main thing it does is screw over the people they purport to support.
