Comments on: America's Corporate Shell Game http://jontaplin.com/2009/06/27/americas-corporate-shell-game/ Thu, 11 Mar 2010 18:53:20 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Pat http://jontaplin.com/2009/06/27/americas-corporate-shell-game/comment-page-2/#comment-40253 Pat Sun, 22 Nov 2009 14:53:10 +0000 http://jontaplin.com/?p=4541#comment-40253 Every Governor should be yanking all of its charters in order to determine who is a shell and who isn't, in order to know whether business exists in the state, or whether like the derivative business that became the bail out, it's all a corporate shell game. How can any Governor make decisions without that knowledge? Every Governor should be yanking all of its charters in order to determine who is a shell and who isn’t, in order to know whether business exists in the state, or whether like the derivative business that became the bail out, it’s all a corporate shell game.

How can any Governor make decisions without that knowledge?

]]> By: Pat http://jontaplin.com/2009/06/27/americas-corporate-shell-game/comment-page-2/#comment-40255 Pat Sun, 22 Nov 2009 14:53:10 +0000 http://jontaplin.com/?p=4541#comment-40255 Every Governor should be yanking all of its charters in order to determine who is a shell and who isn't, in order to know whether business exists in the state, or whether like the derivative business that became the bail out, it's all a corporate shell game. How can any Governor make decisions without that knowledge? Every Governor should be yanking all of its charters in order to determine who is a shell and who isn’t, in order to know whether business exists in the state, or whether like the derivative business that became the bail out, it’s all a corporate shell game.

How can any Governor make decisions without that knowledge?

]]> By: Pat http://jontaplin.com/2009/06/27/americas-corporate-shell-game/comment-page-2/#comment-40260 Pat Sun, 22 Nov 2009 14:53:10 +0000 http://jontaplin.com/?p=4541#comment-40260 Every Governor should be yanking all of its charters in order to determine who is a shell and who isn't, in order to know whether business exists in the state, or whether like the derivative business that became the bail out, it's all a corporate shell game. How can any Governor make decisions without that knowledge? Every Governor should be yanking all of its charters in order to determine who is a shell and who isn’t, in order to know whether business exists in the state, or whether like the derivative business that became the bail out, it’s all a corporate shell game.

How can any Governor make decisions without that knowledge?

]]> By: Morgan Warstler http://jontaplin.com/2009/06/27/americas-corporate-shell-game/comment-page-2/#comment-40245 Morgan Warstler Wed, 01 Jul 2009 15:58:37 +0000 http://jontaplin.com/?p=4541#comment-40245 Here's my question: Where the hell are GM's $448.507bn in assets? Seriously, what do they own worth all that? And why the hell isn't it being fire sold? That number is off by a factor of 10. It has to be. Here’s my question:

Where the hell are GM’s $448.507bn in assets?

Seriously, what do they own worth all that? And why the hell isn’t it being fire sold? That number is off by a factor of 10. It has to be.

]]> By: Morgan Warstler http://jontaplin.com/2009/06/27/americas-corporate-shell-game/comment-page-2/#comment-40250 Morgan Warstler Wed, 01 Jul 2009 15:58:37 +0000 http://jontaplin.com/?p=4541#comment-40250 Here's my question: Where the hell are GM's $448.507bn in assets? Seriously, what do they own worth all that? And why the hell isn't it being fire sold? That number is off by a factor of 10. It has to be. Here’s my question:

Where the hell are GM’s $448.507bn in assets?

Seriously, what do they own worth all that? And why the hell isn’t it being fire sold? That number is off by a factor of 10. It has to be.

]]> By: Morgan Warstler http://jontaplin.com/2009/06/27/americas-corporate-shell-game/comment-page-2/#comment-40251 Morgan Warstler Wed, 01 Jul 2009 15:58:37 +0000 http://jontaplin.com/?p=4541#comment-40251 Here's my question: Where the hell are GM's $448.507bn in assets? Seriously, what do they own worth all that? And why the hell isn't it being fire sold? That number is off by a factor of 10. It has to be. Here’s my question:

Where the hell are GM’s $448.507bn in assets?

Seriously, what do they own worth all that? And why the hell isn’t it being fire sold? That number is off by a factor of 10. It has to be.

]]> By: Morgan Warstler http://jontaplin.com/2009/06/27/americas-corporate-shell-game/comment-page-2/#comment-40259 Morgan Warstler Wed, 01 Jul 2009 15:58:37 +0000 http://jontaplin.com/?p=4541#comment-40259 Here's my question: Where the hell are GM's $448.507bn in assets? Seriously, what do they own worth all that? And why the hell isn't it being fire sold? That number is off by a factor of 10. It has to be. Here’s my question:

Where the hell are GM’s $448.507bn in assets?

Seriously, what do they own worth all that? And why the hell isn’t it being fire sold? That number is off by a factor of 10. It has to be.

]]> By: Mitch Golden http://jontaplin.com/2009/06/27/americas-corporate-shell-game/comment-page-1/#comment-40238 Mitch Golden Tue, 30 Jun 2009 02:46:10 +0000 http://jontaplin.com/?p=4541#comment-40238 Still, this is the wrong calculation. The number traders look at is neither ROE or ROA but P/E. The "shareholder's equity" in the ROE calculation is fairly nonsensical anyway - just a bookkeeping device really. And while the assets are fairly better measured, it includes all sorts of things (especially in the case of GM) that could have been bought over a long time. What everyone wants to know is "if I buy a share of GM stock at price P, how much earnings E am I going to get?" By that measure, the market isn't that different from the 1960s Still, this is the wrong calculation. The number traders look at is neither ROE or ROA but P/E. The “shareholder’s equity” in the ROE calculation is fairly nonsensical anyway – just a bookkeeping device really. And while the assets are fairly better measured, it includes all sorts of things (especially in the case of GM) that could have been bought over a long time.

What everyone wants to know is “if I buy a share of GM stock at price P, how much earnings E am I going to get?” By that measure, the market isn’t that different from the 1960s

]]> By: Mitch Golden http://jontaplin.com/2009/06/27/americas-corporate-shell-game/comment-page-1/#comment-40241 Mitch Golden Tue, 30 Jun 2009 02:46:10 +0000 http://jontaplin.com/?p=4541#comment-40241 Still, this is the wrong calculation. The number traders look at is neither ROE or ROA but P/E. The "shareholder's equity" in the ROE calculation is fairly nonsensical anyway - just a bookkeeping device really. And while the assets are fairly better measured, it includes all sorts of things (especially in the case of GM) that could have been bought over a long time. What everyone wants to know is "if I buy a share of GM stock at price P, how much earnings E am I going to get?" By that measure, the market isn't that different from the 1960s Still, this is the wrong calculation. The number traders look at is neither ROE or ROA but P/E. The “shareholder’s equity” in the ROE calculation is fairly nonsensical anyway – just a bookkeeping device really. And while the assets are fairly better measured, it includes all sorts of things (especially in the case of GM) that could have been bought over a long time.

What everyone wants to know is “if I buy a share of GM stock at price P, how much earnings E am I going to get?” By that measure, the market isn’t that different from the 1960s

]]> By: Mitch Golden http://jontaplin.com/2009/06/27/americas-corporate-shell-game/comment-page-1/#comment-40242 Mitch Golden Tue, 30 Jun 2009 02:46:10 +0000 http://jontaplin.com/?p=4541#comment-40242 Still, this is the wrong calculation. The number traders look at is neither ROE or ROA but P/E. The "shareholder's equity" in the ROE calculation is fairly nonsensical anyway - just a bookkeeping device really. And while the assets are fairly better measured, it includes all sorts of things (especially in the case of GM) that could have been bought over a long time. What everyone wants to know is "if I buy a share of GM stock at price P, how much earnings E am I going to get?" By that measure, the market isn't that different from the 1960s Still, this is the wrong calculation. The number traders look at is neither ROE or ROA but P/E. The “shareholder’s equity” in the ROE calculation is fairly nonsensical anyway – just a bookkeeping device really. And while the assets are fairly better measured, it includes all sorts of things (especially in the case of GM) that could have been bought over a long time.

What everyone wants to know is “if I buy a share of GM stock at price P, how much earnings E am I going to get?” By that measure, the market isn’t that different from the 1960s

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