Tuesday, March 02, 2010

A vicious pleasure

I so chortle when companies that jerked me around five or six years ago go under... sorry. Just looking at industry bankruptcy notices. One company that jerked me around for months before finally telling me that they thought I wasn't "qualified" (like WTF? Dudes, either make a decision or not, but don't jerk me around!) had $120M of investor money invested in it, and their assets were recently acquired from the bankruptcy auction for $2M. I love it! Hopefully the asshats who were in charge are now sweeping floors in the back of a McDonalds or something...

-- Badtux the Vindictive Penguin

Posted by BadTux at 3/02/2010 06:37:00 PM
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4 comments:

  1. Jazzbumpa2/3/10 7:31 PM

    My guess is they made sure their own nests were very well feathered before the vultures arrived.

    That is what is what is meant by "fidiciary responsibility."

    Foooey!
    jXb the rich-get-richer trombonist

    ReplyDelete
  2. BadTux2/3/10 7:42 PM

    Sad to say, I'm sure you're right :(. Actually, I know where some of the people are. One of them went from being CEO of a promising startup to being a salesman. Talk about a comedown! But of course, that's a CEO's big job anyhow -- to be a salesman. First and foremost, to sell himself to the vulture capitalists as the solution to their management problems. Siiiiigh!

    - Badtux the Realist Penguin

    ReplyDelete
  3. Bukko Boomeranger3/3/10 1:03 PM

    Almost as good as when a woman who rejected/dumped you gets into a nasty marriage...

    ReplyDelete
  4. Jazzbumpa3/3/10 2:55 PM

    Bukko -

    That's really taking schadenfreude too far.

    Tsk, tsk,

    jXb the only-moderately-vindictive trombonist

    ReplyDelete

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