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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.87+0.4%Nov 11 4:00 PM EST

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SirWalterRalegh
To: TobagoJack who wrote (151351)10/22/2019 11:09:20 AM
From: ggersh1 Recommendation   of 217705
 
On one last note, teach/don't teach the ameriKan free markit way?

Neumann Steps Down From WeWork Board, Gets Massive Handout From Softbank




... Softbank will provide the former CEO with around $1.7 Billion as part of the deal




207

wallstreetonparade.com

By Pam Martens and Russ Martens: October 22, 2019 ~ WeWork is just one more in a long series of Wall Street scandals that prove that the universal banking model is little more than a thinly-disguised wealth transfer system from the pockets of average Americans to the 1 percent. Just two months ago WeWork’s two lead Wall Street underwriters, JPMorgan Chase and Goldman Sachs, were planning to offer WeWork’s shares to the public investor at a valuation in excess of $47 billion. Now we are learning that the company may run out of money next month and has an actual valuation of $8 billion or less. WeWork’s founder, Adam Neumann, who was attempting to cash out of his company that had never made a dime of profits in its nine years of existence and had run up losses of $900 million in just the first six months of this year, … Continue reading ?
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