Wizard who called Madoff ponzi scheme now says boomer stock GE a fraud
sauce:
cnbc.com
cnbc.com
RIP BOOMERS
Parker Kelly
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Nolan Russell
I’ve been surprised they stayed somewhat solvent for a while now. They, Macy’s, Sears, all those boomer companies can go to hell. Also fuck banks. Almost as bad as shitty ass fad companies that should’ve never gone public. Fitbit, gopro and all those whack ass zoomer stocks
Xavier Cook
ripped right from the report
>"We expect to soon see loss ratios of 750% to 1,000% or more on some of GE’s reinsurance agreements. "
Suddenly my 90% loss from crypto doesn't seem so bad anymore
Take that boomers!
John Watson
I remember someone on this board shilling ge stock late last year saying to buy it because it was going to go to $30 kek
Brandon Kelly
It could still happen if the company goes all in on Link and litecoin
Blake Lee
Imagine selling washing machines and being a fraud. Is that money laundering?
Nathaniel Smith
>They, Macy’s, Sears, all those boomer companies can go to hell. Also fuck banks.
Banks will be the last to collapse. They will sacrifice everyone and every company before going down.
William Kelly
SMG is the dumbest thread on biz
Jack Parker
>Sears
Imagine being Amazon, before Amazon, but going out of business cause you're too boomer to innovate.
>Banks will be the last to collapse. They will sacrifice everyone and every company before going down.
Also, dubs, so it's true.
Oliver Rodriguez
check'd
banks will find a way to corner the market on something we all need