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Monday,
October 22, 2008
(Cont'd from
above)...
Jim (continued):
Now, a spokesman for
Regions said that
all travel and
company jets either
for personal or
business was within
our policy… oh ho,
great policy… I do
not care… it is
outrageous… for a
moment I found
myself thinking
wistfully, whether I
could have gotten
TARP funds to pay
for me and my
daughters airfare
when we flew out to
California for the
National Field
Hockey festival… at
the same time that
Dowdy went to the
Greenbriar with his
family… puzzled over
that… but then
again, unlike ritzy
Ritter, I did not
almost bankrupt a
federally chartered
bank… so I did not
have the money
coming… my Dad
always said that I
should have gone
into banking.
Anyway, Ritter with
his terrific
behavior leaves me
no choice… the man
must move up the
ladder… he is going
in, well he can’t go
in on top… because
the guy on top there
is a whole doctor…
but you know what,
we are moving him up
here… Strauss,
sorry, it was not
anything that you
did… congratulations
Mr. Ritter, you are
a real man of Wall
of Shame genius… and
an inspiration to
everyone trying to
figure out whether
it is still worth
working at a bank…
if we needed a sign
that you can still
rise to the top, no
matter your level of
incompetence or self
dealing behavior… C.
Dowd Ritter is it.
I tell you, the
competition on that
wall is so stiff….
they are going at it
hammer and tongs…
tooth and nail… what
a club… anyway, how
about some Mad
Mail...
Viewer Email
Question:
Question:
Jim,
You were pretty
upbeat on Boeing(BA)
prior to the Air
Paris show. It seems
Airbus either
sandbagged for the
show, or Boeing is
losing significant
orders to them. In
either case, the
catalyst of the show
is gone and the 787
hasn’t flown. Are
you still bullish on
Boeing in the long
run? Is there still
an upside trade in
the short run?
Regards, Mike
Jim:
I have got to tell
you… I have got to
tell you, they
pantsed me at
Boeing… I thought
for certain that
they were going to
be ready with this…
a major national
embarrassment… I
believe that the
aerospace cycle is
very much on… the
entry point that I
suggested at $51 did
not work… $51, $52
the next day… it
should have been
right now… that
plane will fly… I am
not concerned about
order degradation…
the cycle is big…
man I got pantsed… I
really thought that
Boeing was gong to
be ready… when I say
that I got pantsed,
I mean that I got it
wrong… do I deserve
to be here (the Wall
of Shame)… no, I
paid for that flight
for the National
Field Hockey
festival.
[verbatim recap]
[end of segment]
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