All these CEOs tend to go to the “right” schools and then slime their way up the ladder; many are already “connected” before they’re born. The fable that they all work “so hard” is just rightwing propoganda shoveled out by RushGlenn to their credulous minions, who lap it up and feel satisfied by this fiction.
Some CEOs are probably intelligent enough and some may even make a difference in how the company is run and is profitable. But over the past 3 decades – as shareholder – I’ve watched the same old same old very very few be appointed to Board after Board after Board after Board. It doesn’t take a genius to recognize the old boys/girls network at work. These corp. Boards are made up solely of the fat cats; they ensure that they all get these giant salaries & perks & stock options; and then they also pump out the *complete fiction* that, for the company to remain “competitive,” they *have to* pay insanely greedy nutty salaries, OR ELSE they simply won’t get *someone good* or qualified. It’s the biggest load of hogwash to come down the pike in many a day.
Shareholders and workers, alike, are being ripped off by this criminal system, and these CROOKS further rig the system so that, if they *fired* for rank incompetency, they leave with some insane golden parachute, which further rips off the workers and shareholders.
Hence you see LAZY entitled incompetent crooks like Carly Fiorina, who literally slept her way to the top, caused Lucent Technologies to founder and fail, got kicked upstairs to Hewlett-Packard, where she behaved like an entitled prima donna, off-shored over 30,000 US workers’ jobs, and was so imbecilically incompetent, that Hewlett and Packard heirs *had* to come back and FIRE Fiorina. Of course, Fiorina got zillions in her pay-out. Then Fiorina tries to *buy* a Senate seat in CA, so that she can get another fairly well-paid job for which she is in no way capable, but hey: cha-ching!! Fiorina can then get on the public dole for life and collect her highly paid public pension and the best health benefits that taxpayers/serfs can buy her.
I dislike Barbara Boxer, but thank gawd citizens didn’t get *stuck* paying for the likes of Fiorina for life.
All of these fat cats are paid far too much; abolutely none of them *earn* what they make. The workers are being squeezed to ensure that these greed-heads can rip us all off. It’s just insane. Why republican voters believe this rip off is “good,” is way beyond my comprehension.
Thanks for the informative post. This kind of info needs to be out there for more to see and learn about.
Rant off….
Facebook has officially announced that it has just raised $1.5 billion in funding at a $50 billion valuation, according to a release issued today (we’ve embedded the release below).
As stated in the release, the investment was broken into two parts. Goldman Sachs participated in the first round (via an offering to its non-U.S. clients in a fund), which totaled $1 billion. In December, DST and Goldman separately invested another $500 million into the social network. Both rounds gave Facebook a $50 billion valuation, says the company. This brings Facebook’s total funding to a staggering $2.336 billion.
It’s interesting to note that Facebook didn’t take the full $1.5 billion from Goldman Sachs in the first part of the investment. As stated in the release:
Under the transaction’s terms, Facebook had the option to accept between $375 million and $1.5 billion from the Goldman Sachs overseas offering, at the discretion of Facebook. While the offering was oversubscribed, Facebook made a business decision to limit the offering to $1 billion.
One has to wonder if the fact that Goldman excluded U.S. investors from the round had to do with Facebook not raising the full $1.5 billion (which would push the total investment to a whopping $2 billion).
Another interesting tidbit from the release is this: Even before the investment from Goldman Sachs, Facebook had expected to pass 500 shareholders at some point in 2011, and therefore expects to start filing public financial reports no later than April 30, 2012.
Clearly, it looks like Facebook plans to IPO no later than April 2012.
So what will Facebook do with this massive amount of cash? The company says it has no set plans but vaguely stated that it will be “investing to build and expand its operations.”
The Goldman investment was first reported by New York Times’ Dealbook.
So much for that slow Friday news day.
Facebook Raises $1.5 Billion
Facebook Receives $1 Billion from Goldman Sachs Overseas Offering; Digital Sky Technologies and Goldman Sachs Also Recently Made $500 Million Direct Investment
Investment Values Facebook at $50 Billion
PALO ALTO, Calif., Jan. 21, 2011 /PRNewswire/ — Facebook today announced it has raised U.S.$1.5 billion at a valuation of approximately $50 billion.
The transaction consisted of two parts. Today, Goldman Sachs completed an oversubscribed offering to its non-U.S. clients in a fund that invested $1 billion in Facebook Class A common stock. In December, Digital Sky Technologies (DST), The Goldman Sachs Group, Inc., and funds managed by Goldman Sachs invested $500 million in Facebook Class A common stock at the same valuation.
“Our business continues to perform well, and we are pleased to be able to bolster our cash position with this new financing,” said David Ebersman, Facebook’s chief financial officer. “With this investment completed, we now have greater financial flexibility to explore whatever opportunities lie ahead.”
The investment generated a significant number of questions from interested parties and Facebook has addressed the most common ones below.
Why did Facebook raise this money?
DST and Goldman Sachs approached Facebook to express their interest in making an investment, and Facebook decided it was an attractive opportunity to bolster its cash reserves and increase its financial flexibility with limited dilution to existing shareholders.
Why did Facebook choose to raise $1 billion in the overseas offering?
Under the transaction’s terms, Facebook had the option to accept between $375 million and $1.5 billion from the Goldman Sachs overseas offering, at the discretion of Facebook. While the offering was oversubscribed, Facebook made a business decision to limit the offering to $1 billion.
What are Facebook’s plans for the proceeds of this transaction?
There are no immediate plans for these funds. Facebook will continue investing to build and expand its operations.
Does this investment mean that Facebook will have more than 500 shareholders?
Even before the investment from Goldman Sachs, Facebook had expected to pass 500 shareholders at some point in 2011, and therefore expects to start filing public financial reports no later than April 30, 2012.
bench craft company
GAME selling XBLA games and DLC Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of GAME selling XBLA games and DLC.
New York Yankees <b>News</b>: The Captain - Pinstripe Alley
New York Yankees news from around the internet on 2/9/2011, including Rob Neyer on Derek Jeter's attempt to bounce back from a disappointing 2010 season.
House Unexpectedly Defeats Patriot Act - FoxNews.com
It was the Congressional version of never count your chickens before they're hatched.
bench craft company
All these CEOs tend to go to the “right” schools and then slime their way up the ladder; many are already “connected” before they’re born. The fable that they all work “so hard” is just rightwing propoganda shoveled out by RushGlenn to their credulous minions, who lap it up and feel satisfied by this fiction.
Some CEOs are probably intelligent enough and some may even make a difference in how the company is run and is profitable. But over the past 3 decades – as shareholder – I’ve watched the same old same old very very few be appointed to Board after Board after Board after Board. It doesn’t take a genius to recognize the old boys/girls network at work. These corp. Boards are made up solely of the fat cats; they ensure that they all get these giant salaries & perks & stock options; and then they also pump out the *complete fiction* that, for the company to remain “competitive,” they *have to* pay insanely greedy nutty salaries, OR ELSE they simply won’t get *someone good* or qualified. It’s the biggest load of hogwash to come down the pike in many a day.
Shareholders and workers, alike, are being ripped off by this criminal system, and these CROOKS further rig the system so that, if they *fired* for rank incompetency, they leave with some insane golden parachute, which further rips off the workers and shareholders.
Hence you see LAZY entitled incompetent crooks like Carly Fiorina, who literally slept her way to the top, caused Lucent Technologies to founder and fail, got kicked upstairs to Hewlett-Packard, where she behaved like an entitled prima donna, off-shored over 30,000 US workers’ jobs, and was so imbecilically incompetent, that Hewlett and Packard heirs *had* to come back and FIRE Fiorina. Of course, Fiorina got zillions in her pay-out. Then Fiorina tries to *buy* a Senate seat in CA, so that she can get another fairly well-paid job for which she is in no way capable, but hey: cha-ching!! Fiorina can then get on the public dole for life and collect her highly paid public pension and the best health benefits that taxpayers/serfs can buy her.
I dislike Barbara Boxer, but thank gawd citizens didn’t get *stuck* paying for the likes of Fiorina for life.
All of these fat cats are paid far too much; abolutely none of them *earn* what they make. The workers are being squeezed to ensure that these greed-heads can rip us all off. It’s just insane. Why republican voters believe this rip off is “good,” is way beyond my comprehension.
Thanks for the informative post. This kind of info needs to be out there for more to see and learn about.
Rant off….
Facebook has officially announced that it has just raised $1.5 billion in funding at a $50 billion valuation, according to a release issued today (we’ve embedded the release below).
As stated in the release, the investment was broken into two parts. Goldman Sachs participated in the first round (via an offering to its non-U.S. clients in a fund), which totaled $1 billion. In December, DST and Goldman separately invested another $500 million into the social network. Both rounds gave Facebook a $50 billion valuation, says the company. This brings Facebook’s total funding to a staggering $2.336 billion.
It’s interesting to note that Facebook didn’t take the full $1.5 billion from Goldman Sachs in the first part of the investment. As stated in the release:
Under the transaction’s terms, Facebook had the option to accept between $375 million and $1.5 billion from the Goldman Sachs overseas offering, at the discretion of Facebook. While the offering was oversubscribed, Facebook made a business decision to limit the offering to $1 billion.
One has to wonder if the fact that Goldman excluded U.S. investors from the round had to do with Facebook not raising the full $1.5 billion (which would push the total investment to a whopping $2 billion).
Another interesting tidbit from the release is this: Even before the investment from Goldman Sachs, Facebook had expected to pass 500 shareholders at some point in 2011, and therefore expects to start filing public financial reports no later than April 30, 2012.
Clearly, it looks like Facebook plans to IPO no later than April 2012.
So what will Facebook do with this massive amount of cash? The company says it has no set plans but vaguely stated that it will be “investing to build and expand its operations.”
The Goldman investment was first reported by New York Times’ Dealbook.
So much for that slow Friday news day.
Facebook Raises $1.5 Billion
Facebook Receives $1 Billion from Goldman Sachs Overseas Offering; Digital Sky Technologies and Goldman Sachs Also Recently Made $500 Million Direct Investment
Investment Values Facebook at $50 Billion
PALO ALTO, Calif., Jan. 21, 2011 /PRNewswire/ — Facebook today announced it has raised U.S.$1.5 billion at a valuation of approximately $50 billion.
The transaction consisted of two parts. Today, Goldman Sachs completed an oversubscribed offering to its non-U.S. clients in a fund that invested $1 billion in Facebook Class A common stock. In December, Digital Sky Technologies (DST), The Goldman Sachs Group, Inc., and funds managed by Goldman Sachs invested $500 million in Facebook Class A common stock at the same valuation.
“Our business continues to perform well, and we are pleased to be able to bolster our cash position with this new financing,” said David Ebersman, Facebook’s chief financial officer. “With this investment completed, we now have greater financial flexibility to explore whatever opportunities lie ahead.”
The investment generated a significant number of questions from interested parties and Facebook has addressed the most common ones below.
Why did Facebook raise this money?
DST and Goldman Sachs approached Facebook to express their interest in making an investment, and Facebook decided it was an attractive opportunity to bolster its cash reserves and increase its financial flexibility with limited dilution to existing shareholders.
Why did Facebook choose to raise $1 billion in the overseas offering?
Under the transaction’s terms, Facebook had the option to accept between $375 million and $1.5 billion from the Goldman Sachs overseas offering, at the discretion of Facebook. While the offering was oversubscribed, Facebook made a business decision to limit the offering to $1 billion.
What are Facebook’s plans for the proceeds of this transaction?
There are no immediate plans for these funds. Facebook will continue investing to build and expand its operations.
Does this investment mean that Facebook will have more than 500 shareholders?
Even before the investment from Goldman Sachs, Facebook had expected to pass 500 shareholders at some point in 2011, and therefore expects to start filing public financial reports no later than April 30, 2012.
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GAME selling XBLA games and DLC Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of GAME selling XBLA games and DLC.
New York Yankees <b>News</b>: The Captain - Pinstripe Alley
New York Yankees news from around the internet on 2/9/2011, including Rob Neyer on Derek Jeter's attempt to bounce back from a disappointing 2010 season.
House Unexpectedly Defeats Patriot Act - FoxNews.com
It was the Congressional version of never count your chickens before they're hatched.
bench craft company
[reefeed]
bench craft company
bench craft company
GAME selling XBLA games and DLC Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of GAME selling XBLA games and DLC.
New York Yankees <b>News</b>: The Captain - Pinstripe Alley
New York Yankees news from around the internet on 2/9/2011, including Rob Neyer on Derek Jeter's attempt to bounce back from a disappointing 2010 season.
House Unexpectedly Defeats Patriot Act - FoxNews.com
It was the Congressional version of never count your chickens before they're hatched.
bench craft company
All these CEOs tend to go to the “right” schools and then slime their way up the ladder; many are already “connected” before they’re born. The fable that they all work “so hard” is just rightwing propoganda shoveled out by RushGlenn to their credulous minions, who lap it up and feel satisfied by this fiction.
Some CEOs are probably intelligent enough and some may even make a difference in how the company is run and is profitable. But over the past 3 decades – as shareholder – I’ve watched the same old same old very very few be appointed to Board after Board after Board after Board. It doesn’t take a genius to recognize the old boys/girls network at work. These corp. Boards are made up solely of the fat cats; they ensure that they all get these giant salaries & perks & stock options; and then they also pump out the *complete fiction* that, for the company to remain “competitive,” they *have to* pay insanely greedy nutty salaries, OR ELSE they simply won’t get *someone good* or qualified. It’s the biggest load of hogwash to come down the pike in many a day.
Shareholders and workers, alike, are being ripped off by this criminal system, and these CROOKS further rig the system so that, if they *fired* for rank incompetency, they leave with some insane golden parachute, which further rips off the workers and shareholders.
Hence you see LAZY entitled incompetent crooks like Carly Fiorina, who literally slept her way to the top, caused Lucent Technologies to founder and fail, got kicked upstairs to Hewlett-Packard, where she behaved like an entitled prima donna, off-shored over 30,000 US workers’ jobs, and was so imbecilically incompetent, that Hewlett and Packard heirs *had* to come back and FIRE Fiorina. Of course, Fiorina got zillions in her pay-out. Then Fiorina tries to *buy* a Senate seat in CA, so that she can get another fairly well-paid job for which she is in no way capable, but hey: cha-ching!! Fiorina can then get on the public dole for life and collect her highly paid public pension and the best health benefits that taxpayers/serfs can buy her.
I dislike Barbara Boxer, but thank gawd citizens didn’t get *stuck* paying for the likes of Fiorina for life.
All of these fat cats are paid far too much; abolutely none of them *earn* what they make. The workers are being squeezed to ensure that these greed-heads can rip us all off. It’s just insane. Why republican voters believe this rip off is “good,” is way beyond my comprehension.
Thanks for the informative post. This kind of info needs to be out there for more to see and learn about.
Rant off….
Facebook has officially announced that it has just raised $1.5 billion in funding at a $50 billion valuation, according to a release issued today (we’ve embedded the release below).
As stated in the release, the investment was broken into two parts. Goldman Sachs participated in the first round (via an offering to its non-U.S. clients in a fund), which totaled $1 billion. In December, DST and Goldman separately invested another $500 million into the social network. Both rounds gave Facebook a $50 billion valuation, says the company. This brings Facebook’s total funding to a staggering $2.336 billion.
It’s interesting to note that Facebook didn’t take the full $1.5 billion from Goldman Sachs in the first part of the investment. As stated in the release:
Under the transaction’s terms, Facebook had the option to accept between $375 million and $1.5 billion from the Goldman Sachs overseas offering, at the discretion of Facebook. While the offering was oversubscribed, Facebook made a business decision to limit the offering to $1 billion.
One has to wonder if the fact that Goldman excluded U.S. investors from the round had to do with Facebook not raising the full $1.5 billion (which would push the total investment to a whopping $2 billion).
Another interesting tidbit from the release is this: Even before the investment from Goldman Sachs, Facebook had expected to pass 500 shareholders at some point in 2011, and therefore expects to start filing public financial reports no later than April 30, 2012.
Clearly, it looks like Facebook plans to IPO no later than April 2012.
So what will Facebook do with this massive amount of cash? The company says it has no set plans but vaguely stated that it will be “investing to build and expand its operations.”
The Goldman investment was first reported by New York Times’ Dealbook.
So much for that slow Friday news day.
Facebook Raises $1.5 Billion
Facebook Receives $1 Billion from Goldman Sachs Overseas Offering; Digital Sky Technologies and Goldman Sachs Also Recently Made $500 Million Direct Investment
Investment Values Facebook at $50 Billion
PALO ALTO, Calif., Jan. 21, 2011 /PRNewswire/ — Facebook today announced it has raised U.S.$1.5 billion at a valuation of approximately $50 billion.
The transaction consisted of two parts. Today, Goldman Sachs completed an oversubscribed offering to its non-U.S. clients in a fund that invested $1 billion in Facebook Class A common stock. In December, Digital Sky Technologies (DST), The Goldman Sachs Group, Inc., and funds managed by Goldman Sachs invested $500 million in Facebook Class A common stock at the same valuation.
“Our business continues to perform well, and we are pleased to be able to bolster our cash position with this new financing,” said David Ebersman, Facebook’s chief financial officer. “With this investment completed, we now have greater financial flexibility to explore whatever opportunities lie ahead.”
The investment generated a significant number of questions from interested parties and Facebook has addressed the most common ones below.
Why did Facebook raise this money?
DST and Goldman Sachs approached Facebook to express their interest in making an investment, and Facebook decided it was an attractive opportunity to bolster its cash reserves and increase its financial flexibility with limited dilution to existing shareholders.
Why did Facebook choose to raise $1 billion in the overseas offering?
Under the transaction’s terms, Facebook had the option to accept between $375 million and $1.5 billion from the Goldman Sachs overseas offering, at the discretion of Facebook. While the offering was oversubscribed, Facebook made a business decision to limit the offering to $1 billion.
What are Facebook’s plans for the proceeds of this transaction?
There are no immediate plans for these funds. Facebook will continue investing to build and expand its operations.
Does this investment mean that Facebook will have more than 500 shareholders?
Even before the investment from Goldman Sachs, Facebook had expected to pass 500 shareholders at some point in 2011, and therefore expects to start filing public financial reports no later than April 30, 2012.
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bench craft company
GAME selling XBLA games and DLC Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of GAME selling XBLA games and DLC.
New York Yankees <b>News</b>: The Captain - Pinstripe Alley
New York Yankees news from around the internet on 2/9/2011, including Rob Neyer on Derek Jeter's attempt to bounce back from a disappointing 2010 season.
House Unexpectedly Defeats Patriot Act - FoxNews.com
It was the Congressional version of never count your chickens before they're hatched.
bench craft company
bench craft company
GAME selling XBLA games and DLC Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of GAME selling XBLA games and DLC.
New York Yankees <b>News</b>: The Captain - Pinstripe Alley
New York Yankees news from around the internet on 2/9/2011, including Rob Neyer on Derek Jeter's attempt to bounce back from a disappointing 2010 season.
House Unexpectedly Defeats Patriot Act - FoxNews.com
It was the Congressional version of never count your chickens before they're hatched.
bench craft company
GAME selling XBLA games and DLC Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of GAME selling XBLA games and DLC.
New York Yankees <b>News</b>: The Captain - Pinstripe Alley
New York Yankees news from around the internet on 2/9/2011, including Rob Neyer on Derek Jeter's attempt to bounce back from a disappointing 2010 season.
House Unexpectedly Defeats Patriot Act - FoxNews.com
It was the Congressional version of never count your chickens before they're hatched.
bench craft company
GAME selling XBLA games and DLC Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of GAME selling XBLA games and DLC.
New York Yankees <b>News</b>: The Captain - Pinstripe Alley
New York Yankees news from around the internet on 2/9/2011, including Rob Neyer on Derek Jeter's attempt to bounce back from a disappointing 2010 season.
House Unexpectedly Defeats Patriot Act - FoxNews.com
It was the Congressional version of never count your chickens before they're hatched.
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GAME selling XBLA games and DLC Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of GAME selling XBLA games and DLC.
New York Yankees <b>News</b>: The Captain - Pinstripe Alley
New York Yankees news from around the internet on 2/9/2011, including Rob Neyer on Derek Jeter's attempt to bounce back from a disappointing 2010 season.
House Unexpectedly Defeats Patriot Act - FoxNews.com
It was the Congressional version of never count your chickens before they're hatched.
bench craft company
A couple of months ago, back in July, I came across a blog of a stay at home mom who is making money online. I was fascinated with all the ways you can make money online and knew I had to take advantage of it. My mission was to make money online to pay off our debt. I am a stay at home mom of 2 children, happily married - but with a lot of debt. My husband and I want to buy a house for our family but the debt was standing in the way. We were already squeezing as much money out of my husband's income as we possibly could, but we needed something more. That's when I decided once and for all, that I was going to utilize the internet and make money to pay off this debt! Here I will tell you how I am getting out of debt by making money online.
The first thing I did was sign up for Cash Crate. I was seeing so many people rave about it and I had to find out for myself what it was all about. Once I was all signed up, I read everything I could on their website. I was immediately impressed with their daily surveys. Cash Crate offers 2 daily surveys for $.80 each. You may do both surveys every 24 hours. At first I thought that 80 cents wasn't all the much, but then I calculated that if I did both surveys, every single day for a month, I could make $48 just for doing the daily surveys!
I dug further into their website and found the other ways to make money. They have lots of free offers that you complete, which is usually just entering your email address and zip code. You can also earn money by doing trial offers, shopping and referring others. Cash Crate offers the best referral program of any get paid to site. You can earn 20% of your referrals' earnings and 10% of their referrals' earnings! This adds up quickly!
My second favorite way to earn money, is by writing articles for Associated Content. I really enjoy writing about things that interest me or that I have a lot of knowledge about, but the best is to get paid for it! I usually get paid from $3-$9 for my articles, but depending on your content you could make up to $20 just for writing articles.
Another way that I am making money online, is one I've been doing for quite awhile but really started to get the most out of recently. I started selling things from around the house like baby clothes, toys, movies, etc on ebay! Not only am I clearing my house of any clutter, but I am getting money from things that were previously just sitting around. You would really be surprised with how much you can make from your unwanted items!
All of my efforts are really starting to pay off and I've been able to make some extra income to pay off our debt. All of this has been done while I stay at home with my 2 kids. If you'd like to read more about my online money making experiences and see my earnings you can visit my blog, Our Debt Free Mission.
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