Search results

If the cost is not material to the acquirer, they don’t have to disclose. If they paid 10mm or 40mm for hanweck it doesn’t change anyone’s valuation of the company.

Good for Gerry.

It is. While he made 5555 per second, he would have made that anyway. So not picking up 20k is worth it as in that one second he isn’t doing anything to earn any additional money. In other words there is no opportunity cost.

Tesla has had 2 positive quarters so far. Earnings are backwards looking.... market cap is forward looking.

He should be fired. If a firm like Citigroup allowed it to happen, what does that tell its clients.

Why is it terrible? He brought it upon himself.

The toughest Greek to manage is hubris.

Again, my free market wages are lower in areas that don’t have “work fare.” Wages are dictated by supply and demand and cost of living to some extent. And frankly the “economic moat” for labor is narrowing every day.

This is the liberal’s Gay Marriage bill. Turnout will be crazy. The GOP will lose all sorts of seats throughout all levels of government in November.

You are missing the point. Minimum wage laws make sense when employers collude to keep wages low. They can’t do that. Decline in union membership is a free market phenomenon. Employees don’t want to pay union dues. I dont believe assistance programs are the reason wages are low. My wages...

Employers and employees don’t have pricing power. If there was one employer who controlled wages, I agree a minimum wage would make sense. But wages are strictly a product of supply and demand. Beyond the intersection of the supply demand curve, why should an employer be required to guarantee...

Raises are fine. Minimum wage laws are not.

I am talking more blue collar jobs. I agree with you about knowledge jobs.

You will be amazed at how many people don’t know how to use Microsoft office products.

I would hire you in 10 seconds.... you sound like a joy to work with.

He likely already owned the ad space through his company WeatherTech. So instead of using it for car mats, he’s using it as a vanity project.

Wages will be what the market can bear. Wages are a form of imperfect competition where there are many buyers and sellers. No one can manipulate the market.

Generate the growth opportunity and watch wages rise then. Mandating a wage increase will only displace workers in the near future in favor of automation and lower wage locations. Let the market figure it out. The plant wasn’t fictional. 35 people will likely go on welfare in three months...

That’s my point. If they raise the min wage now citing low unemployment, demand for employees will go down and they can’t roll back the min wage. So they shouldn’t raise it to begin with. In the end it’s the (variable cost of employees against the fixed cost of automation) vs the required demand.

But artificially high wages exacerbate the issue. Usualname is making the argument min wage should be higher because low unemployment means there won’t be a lot of layoffs. However when the economy softens and unemployment goes up - those min wage laws (which artificially raise the cost of...