Groups | Search | Server Info | Keyboard shortcuts | Login | Register [http] [https] [nntp] [nntps]
Groups > aus.computers > #50121
| From | "Rod Speed" <rod.speed.aaa@gmail.com> |
|---|---|
| Newsgroups | aus.computers, aus.electronics, aus.politics |
| Subject | Re: Dick Smith is the Greatest Private Equity Heist of All Time |
| Date | 2016-01-09 19:26 +1100 |
| Message-ID | <dfbuhjF76ahU1@mid.individual.net> (permalink) |
| References | (3 earlier) <1dri1yweok470$.1agjyq9e07269$.dlg@40tude.net> <n6o34n$h3t$1@dont-email.me> <n6p9lf$vuu$1@dont-email.me> <dfbljqF56e3U1@mid.individual.net> <n6qajs$7e9$1@dont-email.me> |
Cross-posted to 3 groups.
"Pelican" <water-birds@sea.somewhere.org.ir> wrote in message news:n6qajs$7e9$1@dont-email.me... > > > "Rod Speed" <rod.speed.aaa@gmail.com> wrote in message > news:dfbljqF56e3U1@mid.individual.net... >> >> >> "Pelican" <water-birds@sea.somewhere.org.ir> wrote in message >> news:n6p9lf$vuu$1@dont-email.me... >>> >>> >>> "Fran Farmer" <ask@maybeitwillbeforthcoming.com> wrote in message >>> news:n6o34n$h3t$1@dont-email.me... >>>> On 8/01/2016 6:06 PM, Truth and honesty wrote: >>>>> On Fri, 8 Jan 2016 17:56:42 +1100, Pelican wrote: >>>>> >>>>>> "Fran Farmer" <ask@maybeitwillbeforthcoming.com> wrote in message >>>>>> news:n6nlgs$r1p$4@dont-email.me... >>>>>>> On 8/01/2016 11:42 AM, Vote 99% Greens wrote: >>>>>>>> Posted on 29 Oct 2015 by Matt Ryan >>>>>>>> >>>>>>>> Dick Smith is the Greatest Private Equity Heist of All Time >>>>>>>> Want to know how to turn $10m in to $520m in less than two years? >>>>>>>> Just >>>>>>>> ask >>>>>>>> Anchorage Capital. The private equity group has pulled off one of >>>>>>>> the >>>>>>>> great >>>>>>>> heists of all time, using all the tricks in the book, to turn Dick >>>>>>>> Smith >>>>>>>> from a $10m piece of mutton into a $520m lamb. >>>>>>> >>>>>>> Thank you for a very interesting post. I'd heard part of that on >>>>>>> the >>>>>>> radio so it was fascinating to see more detail. >>>>>> >>>>>> Always good to see a new fiction writer emerging. >>>>> >>>>> >>>>> You are not wrong, its mainly fiction. >>>> >>>> So why is even Dick Smith commenting on the greed of the private eqity >>>> group owned it for 18 months and floated it for $400 million mroe than >>>> they bough it for? >>> >>> Where does greed come into it? >> >> Ripping $400M off investors, stupid. > > Then those investors who were ripped off will have a remedy. Wrong, as always. There is plenty of ripping off which has no remedy, fuckwit child. >>> If the story is true, >> >> It is. >> >>> what was Woolworths doing in selling an asset at a very substantial >>> discount? >> >> They got a lot more for it than it was worth, >> because those ripoff merchants needed that >> to rip that $400M off investors. > > You mangled that quite well. But it's still bullshit. You never could bullshit your way out of a wet paper bag. >>>> If you think that's not a huge heist, can I join in your next bank >>>> robbery? >>> >>> The exercise was a standard asset-stripping exercise. >> >> No asset stripping whatever involved. >> >>> At this stage, there haven't been any suggestions that there is anything >>> untoward about what was done, >> >> BULLSHIT. >> >>> certainly no criminal offence like a bank robbery, >> >> Still white collar crime and a ripoff. > > So easy to claim. We will see what happens. Doesn’t prove a damned thing about either. >>> other than by those suffering from envy. >> >> Even sillier than you usually manage. >> >>> What no-one will be told as how much the tax-payer obtained. >> >> We'll see... They were with that other private equity heist. >> >>>>> http://www.applianceretailer.com.au/2013/07/lqynkbiver/#.Vo9foLND4Wm >>>>> >>>>> Woolworths confirmed that the “total proceeds from the sale of Dick >>>>> Smith” >>>>> were $94 million, including a $50 million payment on 28 June 2013 and >>>>> $24 >>>>> million in 12 monthly installments commencing July 2013. >>>> >>>>
Back to aus.computers | Previous | Next — Previous in thread | Next in thread | Find similar
Dick Smith is the Greatest Private Equity Heist of All Time "Vote 99% Greens" <VoxPoop@spammail.com> - 2016-01-08 11:42 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time SolomonW <SolomonW@citi.com> - 2016-01-08 16:54 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Fran Farmer <ask@maybeitwillbeforthcoming.com> - 2016-01-08 17:40 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-08 17:56 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Truth and honesty <TruthandHonesty@bluetooth.com.au> - 2016-01-08 18:06 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Fran Farmer <ask@maybeitwillbeforthcoming.com> - 2016-01-08 21:33 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 08:30 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Fran Farmer <ask@maybeitwillbeforthcoming.com> - 2016-01-09 11:13 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Fran Farmer <ask@maybeitwillbeforthcoming.com> - 2016-01-09 11:25 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 12:59 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:57 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 17:55 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 19:27 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Fran Farmer <ask@maybeitwillbeforthcoming.com> - 2016-01-09 18:22 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 18:27 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Fran Farmer <ask@maybeitwillbeforthcoming.com> - 2016-01-09 18:44 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 18:46 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 12:58 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:57 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 17:54 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 19:27 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Fran Farmer <ask@maybeitwillbeforthcoming.com> - 2016-01-09 18:28 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 18:37 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 18:38 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:55 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:53 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 17:53 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 19:26 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Petzl <petzlx@gmail.com> - 2016-01-09 18:18 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 19:33 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Petzl <petzlx@gmail.com> - 2016-01-09 21:24 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-10 08:34 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Petzl <petzlx@gmail.com> - 2016-01-10 10:13 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-10 15:34 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Petzl <petzlx@gmail.com> - 2016-01-10 15:59 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-10 17:05 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:29 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 16:36 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:45 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Pelican" <water-birds@sea.somewhere.org.ir> - 2016-01-09 17:48 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 19:22 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:28 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time Jeßus <j@invalid.lan> - 2016-01-08 18:26 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time French <pw_112@gmail.com> - 2016-01-08 22:00 +1000
Re: Dick Smith is the Greatest Private Equity Heist of All Time Jeßus <j@invalid.lan> - 2016-01-09 08:03 +1100
Re: Dick Smith is the Greatest Private Equity Heist of All Time "Rod Speed" <rod.speed.aaa@gmail.com> - 2016-01-09 16:48 +1100
csiph-web