The once arrogant regime is now quiet, licking it wounds after several financial misadventures.
It overpaid for the the Lynch steak and was forced to exercise the half price option when credit woes slaughter the Lynch cow. When Bank o America (BoA) took over the troubled steak, many lauded Queen Ho for her astute deal before reality sank in and punished BoA for the stupid rescue. With BoA now trading in low US20 ranges, the nationalized investment house is saddled with millions in paper losses.
The UBS fiasco was worse, as usual, the overly educated fools believed UBS was a bargain and again overpaid for a 9% stake, pat their own backs and was hoping to count the profits! But to their horror, UBS announced more write downs and forced the Swiss baboons to step in with cash. Perhaps UBS should renamed itself as Nationalised Bank of Swissland. Queen Ho and her merry men are forced to dilute their investments. Old Autocrat was forced to intervene and defend His Daughter-In-Law by asking peasants to shut up and 'tan gu gu' to see gains from those two amateurish adventures. Certainly when overly educated lackeys try to pass themselves as investment gurus, they usually sink into the abyss.
Many lackeys and minions praised their chums and pat each others back when they announced that Sands will invest 5 billion peanuts and herald Peasantpore to a new golden age.
Now they are pointing at each other or acting blur blur after Sands announces bankruptcy woes due to worsening credit markets. This usually happens when lackeys and minions attempt to build castles on sand by pretending to be businessmen when they are in reality risk adverse baboons with little or no head for business.
To add salt to injury, ex-Regent exhorted peasants to continue spending to prop up peasantpore's economy! Hogwash, his chums allow cheaper foreign imports to swamp the land and impoverished peasants with expensive pigeonholes and constant price hikes and now He expects peasants to keep up the spending?!! WTF?
Woe woe woe peasantpore!!!!
It overpaid for the the Lynch steak and was forced to exercise the half price option when credit woes slaughter the Lynch cow. When Bank o America (BoA) took over the troubled steak, many lauded Queen Ho for her astute deal before reality sank in and punished BoA for the stupid rescue. With BoA now trading in low US20 ranges, the nationalized investment house is saddled with millions in paper losses.
The UBS fiasco was worse, as usual, the overly educated fools believed UBS was a bargain and again overpaid for a 9% stake, pat their own backs and was hoping to count the profits! But to their horror, UBS announced more write downs and forced the Swiss baboons to step in with cash. Perhaps UBS should renamed itself as Nationalised Bank of Swissland. Queen Ho and her merry men are forced to dilute their investments. Old Autocrat was forced to intervene and defend His Daughter-In-Law by asking peasants to shut up and 'tan gu gu' to see gains from those two amateurish adventures. Certainly when overly educated lackeys try to pass themselves as investment gurus, they usually sink into the abyss.
Many lackeys and minions praised their chums and pat each others back when they announced that Sands will invest 5 billion peanuts and herald Peasantpore to a new golden age.
Now they are pointing at each other or acting blur blur after Sands announces bankruptcy woes due to worsening credit markets. This usually happens when lackeys and minions attempt to build castles on sand by pretending to be businessmen when they are in reality risk adverse baboons with little or no head for business.
To add salt to injury, ex-Regent exhorted peasants to continue spending to prop up peasantpore's economy! Hogwash, his chums allow cheaper foreign imports to swamp the land and impoverished peasants with expensive pigeonholes and constant price hikes and now He expects peasants to keep up the spending?!! WTF?
Woe woe woe peasantpore!!!!
