Comments on: Counterparties: Earnings #fail

By: byomtov

byomtov — Fri, 26 Oct 2012 20:04:40 +0000

Simple rule:

Address all emails to yourself, and only yourself, until you’re ready to hit “send.”

Either that or write them in a word processing program.

By: TBV

TBV — Fri, 26 Oct 2012 19:45:21 +0000

“In a world of algo-driven high-frequency trading, these quaint screw ups are weirdly comforting.”

Hmm. How so?

By: QCIC

QCIC — Fri, 26 Oct 2012 15:09:22 +0000

I used to work in earning reports out of college. I am not sure how anyone can take them seriously. They are massaged within an inch of their lives and in a lot of them the information provided borders on the tautological.

I remember working on a big section for a fortune 500 company, a 10 or 20 page section, that could be summed up “If we sell less stuff next year we will make less money.” There was almost no other actual information in that section. Just words spinning in circles and circles so it SEEMED as though there was information.

That is funny RR Donnelley submitted early, I wonder how many people got fired?

By: Auros

Auros — Fri, 26 Oct 2012 04:27:11 +0000

The headline should not be “Taxpayer-owned Freddie Mac intentionally made it harder for millions to refinance their mortgages.” It should be,”two Republican-leaning board members at Freddie Mac intentionally made it harder for millions to refinance their mortgages.” Yet another example of Republicans sabotaging efforts to fix the economy, while trying to blame the slow economy on Obama.