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Full-Junk-Bond-Retard: Company Taps Debt Market To Pay $30 Million Golden Parachute

Investors are now so desperate for yield they're willing to (literally) pay for obscene golden parachutes...

Investors are now so desperate for yield they're willing to (literally) pay for obscene golden parachutes...
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3 comments on “Full-Junk-Bond-Retard: Company Taps Debt Market To Pay $30 Million Golden Parachute

  1. That’s it I’m calling the top. This is getting fucking ridiculous.

  2. Curt Tyner

    WTFu*k. Of course this guy Kestenbaum lost this company $$$$ and gets his 5% stock and (WAIT FOR IT) a $$$$30,000,000.00 Golden Parachute to boot. BOY that is good business acumen. Where do I sign-up.

  3. Todd Bloom

    “What’s more, the company is expected to post an annual loss for the calendar year.” … Hey–it’s not like 1999 … the company actually has revenue, right???

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