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Yahoo CFC board great trolling opportunity

Well now that CFC is laying off 12,000 employees (I do feel sorry for them) the CFC board is really getting hilarious. Check in there if you need a laugh. :)
 
Things starting to heat up there again. I short sold it again today. Lawsuits a flying and ex CFC employees (or so they claim) telling fraud stories. Should be good reading for awhile. :)
 
CEO now under investigation by the SEC! Stock price is plummetting! This will be another Enron board soon. That was loads of fun!
 
While they might go into bankruptcy, I doubt that they would go completely under like Enron did. For one, they have too many "good" mortgages still. If all they did was garbage loans, then yeah, I could see it.

I see them being taken over by their creditors. Namely, Bank of America. Its a well known fact that they loaned them a huge sum of money at the start of the downturn. Then, CFC got another large bail out from "a source they didn't want to disclose." Rumor has it that it was B of A again, only they didn't want it known because it would become painfully obvious that they were setting themselves up to take over at the right time.

B of A is just using CFC to cull all of the "bad" loans, go under, and then they can swoop in and take over all of the remaining assets, leaving all the tarnish to the old, now defuct company.
 
RobL said:
While they might go into bankruptcy, I doubt that they would go completely under like Enron did. For one, they have too many "good" mortgages still. If all they did was garbage loans, then yeah, I could see it.

I see them being taken over by their creditors. Namely, Bank of America. Its a well known fact that they loaned them a huge sum of money at the start of the downturn. Then, CFC got another large bail out from "a source they didn't want to disclose." Rumor has it that it was B of A again, only they didn't want it known because it would become painfully obvious that they were setting themselves up to take over at the right time.

B of A is just using CFC to cull all of the "bad" loans, go under, and then they can swoop in and take over all of the remaining assets, leaving all the tarnish to the old, now defuct company.

Which they can do in bankruptcy court with their right to match option in the convertible stock they bought a few weeks ago. Remember there are two types of bankruptcy, I believe they will go for the reorginazational one which leaves common shareholders with nothing.
 
There has been some excellent trolling as of late. With the stock plunging a poster named wangqi posts about how he has investors who are wiring him money to buy 40,000 shares when it gets to a certian price. Then after it drops below that he says his investors are wiring him more money to buy tens of thousands more shares. Today however he says his investors are out of money now and out looking for him.
 
DAAAAAAWGBURT!

Have you missed me? How come you never swing by WF and give me a shout?

Well, I thought I would say hello since it looks like you've been talking to yourself for the past couple of months.

(Here's a hint - nobody gives a fuck about trolling financial boards. Idiot.)

See ya!
 
Sokar said:
DAAAAAAWGBURT!

Have you missed me? How come you never swing by WF and give me a shout?

Well, I thought I would say hello since it looks like you've been talking to yourself for the past couple of months.

(Here's a hint - nobody gives a fuck about trolling financial boards. Idiot.)

See ya!

I have been trolling at Hannity lately. Lots of fun. Looks like you miss me.
 
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