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Strategies & Market Trends : John Pitera's Market Laboratory

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To: The Ox who wrote (21139)8/6/2018 5:22:10 AM
From: John Pitera1 Recommendation

Recommended By
roguedolphin

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Hi OX, this is part and only part of the reason that when you tune into Bloomberg TV every morning
from 5 to 7 am....... 2/3 of all conversations revolve around Brexit..... Hard Brexit... soft brexit.....
what are all of the ramifications... which not one can succinctly quantify in an article or even in an
interview..... or if they have.... they sure are not telling me about it......

Maybe they are selling it for $25,000 a copy?

This process is disastrous and is just not going to have a clean, spotless outcome..... and the
numbers are REALLY big.....

u go over to CNBC and it's all rainbows and lollipops and what Comcast is going to do next to enrich
there way to young on air employee's who have dreams of big stock option vesting's... dancing about
in their dreams each night.....

As Joe Kernan can tell you from experience.... at this point all of his pie in the sky GE options have
expired.... and he got nary a nickel for any of them

(GE used to own cnbc.... back in the day.... and Jack Welch also built up a real mirage of a financial
conglomerate and stepped away at the height of his glory to let Jeff Immeldt get caught holding the
burning bag of dog dropping.... that belonged on Welch's front porch.... with the doorbell having been
run.

and to think that GE was getting 70% of their revenues and earnings from their financial arm......

except somehow..... the only companies that seemed to know less than GE about running a financial
company was AIG, Lehman Brothers..... and arguably Bear Sterns and MER......

btw the way if any of you happened to have pursued the CV of George Walker of Neuberger Berman...
u may have noticed ..... all those great accomplishments while he was at GS.

Joh
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