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Old 02-12-2019, 10:57 PM
 
Location: Home is Where You Park It
23,856 posts, read 13,726,164 times
Reputation: 15482

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Quote:
Originally Posted by kmarc View Post
I was just going to post about the WF discounts, I didn't know about that, I just found out about in this article that WF is hiking prices:

https://www.zerohedge.com/news/2019-...ary-tidal-wave

"Feb. 12, 2019 is a day that will live on in the annals of American industry. Because it's the day we finally learned - thanks to a repoert in the Wall Street Journal - that Jeff Bezos (and, presumably, his investors) tolerance for loss-making businesses does have its limits."

Shouldn't be a shocker to anyone, it's the hook 'em and hike 'em game. Bound to happen sooner or later.
Hoo boy. Their nickname has been "whole paycheck" for years.

Every time I go in there and look around, I say "nope" and leave.
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Old 02-13-2019, 05:52 AM
 
Location: Morrison, CO
34,215 posts, read 18,550,731 times
Reputation: 25789
Have affairs with Hispanic bimbos with fake boobs, and pay $70 BILLION. Dr. Evil loses.
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Old 02-13-2019, 10:08 AM
 
Location: Portland, Oregon
10,988 posts, read 20,549,150 times
Reputation: 8261
I couldn't figure out the Saudi connection, except that they want to silence Bezos, until the information that AMI is deeply in debt. They are one of the few sources of significant bail-out cash on the planet.

The actors in this episode have gone to ground. Pecker's attorney has offered an excuse but doesn't seem to be shouting to the hills in the media. I think they have gone to ground as SDNY and Bezos take a look at the law, the evidence, and their options.

I think Pecker and his executives are in serious legal trouble.
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Old 02-13-2019, 10:48 AM
 
5,687 posts, read 7,172,316 times
Reputation: 4327
Quote:
Originally Posted by Nell Plotts View Post
I couldn't figure out the Saudi connection, except that they want to silence Bezos, until the information that AMI is deeply in debt. They are one of the few sources of significant bail-out cash on the planet.

The actors in this episode have gone to ground. Pecker's attorney has offered an excuse but doesn't seem to be shouting to the hills in the media. I think they have gone to ground as SDNY and Bezos take a look at the law, the evidence, and their options.

I think Pecker and his executives are in serious legal trouble.
No doubt it's over for Pecker and AMI. The Saudis, on the other hand, couldn't give two poops in a bucket for American law.
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Old 02-13-2019, 10:53 AM
 
11,404 posts, read 4,078,982 times
Reputation: 7852
Quote:
Originally Posted by Nell Plotts View Post
I think Pecker and his executives are in serious legal trouble.
Yep, absolutely they are.
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Old 02-13-2019, 11:13 AM
 
Location: alexandria, VA
16,352 posts, read 8,083,749 times
Reputation: 9726
Quote:
Originally Posted by NeutralParty View Post
Yep, absolutely they are.
Damn! I guess I'll have to settle for Peephole Magazine when I'm looking for trash to read in the checkout lane at the supermarket.
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Old 02-13-2019, 01:33 PM
 
5,687 posts, read 7,172,316 times
Reputation: 4327
Quote:
Originally Posted by r small View Post
Damn! I guess I'll have to settle for Peephole Magazine when I'm looking for trash to read in the checkout lane at the supermarket.
LOL, I used to love that magazine back in the day. Great bathroom reading. It's so dreary now, like so many of our institutions are now the drizzlin' plops.
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Old 02-13-2019, 09:35 PM
 
Location: Portland, Oregon
10,988 posts, read 20,549,150 times
Reputation: 8261
This is getting weirder and weirder.

An attorney by the name of Jon Fine worked for Amazon for 6 years then late last year was hired by AMI and is their No. 2 counsel. [per NYPost] also an article in WSJ

Sometimes high-flyers unwittingly fly into the fire. I think Mr. Fine will regret this move.
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Old 02-14-2019, 08:12 AM
 
5,687 posts, read 7,172,316 times
Reputation: 4327
Quote:
Originally Posted by Nell Plotts View Post
This is getting weirder and weirder.

An attorney by the name of Jon Fine worked for Amazon for 6 years then late last year was hired by AMI and is their No. 2 counsel. [per NYPost] also an article in WSJ

Sometimes high-flyers unwittingly fly into the fire. I think Mr. Fine will regret this move.
Wow, that IS interesting. Not sure what it signifies, but it is interesting. Fine seems to be a very well-liked person in the industry. Presumably he would have known how far he could push the envelope, but maybe not. Attorney-client privilege seems to be going the way of the dinosaur, ever since the whole Michael Cohen debacle. Then again, he could well have been "placed" at AMI by Amazon. Corporate espionage does happen. If so, that's another nail in the coffin of attorney-client privilege.

Thanks for the heads-up, Nell.
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Old 02-14-2019, 11:21 AM
 
Location: Portland, Oregon
10,988 posts, read 20,549,150 times
Reputation: 8261
From what I read the executive who hired Fine was discharged the day he came on board. Were I Fine I would have resigned that day, there isn't enough money in the world that would have induced me to stay. He could have easily found another lucrative position.
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