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BREAKING!!!! US Largest Biotech Company to Close Labs and Immediately Cut 2500 Jobs

 
Colonel Freedom
User ID: 282895
United States
08/15/2007 04:22 PM
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BREAKING!!!! US Largest Biotech Company to Close Labs and Immediately Cut 2500 Jobs
Do not have link yet but just heard on CNBC. Average salary of Amgen worker is 168,000 per year. Headquarters is right down the road from Countrywide Mortgage.
Anonymous Coward (OP)
User ID: 282895
United States
08/15/2007 04:28 PM
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Re: BREAKING!!!! US Largest Biotech Company to Close Labs and Immediately Cut 2500 Jobs
bump

That is probably why the mortagage companies that are left are now charging 8% on a 30 year fixed with 20% down and a FICO over over 750.

The rich are getting fucked along with everyone else.

****

I am listening to some bullshit from a mutual fund that is parroting the same old saw that jobs are being created, the corporate balance sheets are in the best shape ever, blah, blah, blah.
Anonymous Coward
User ID: 283060
United States
08/15/2007 04:34 PM
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Re: BREAKING!!!! US Largest Biotech Company to Close Labs and Immediately Cut 2500 Jobs
Corporate balance sheets are all fucking lies just like everything the UNITED STATES GOVERNMENT says and does!!!!!!!!!!!!!
Colonel Freedom (OP)
User ID: 282895
United States
08/15/2007 04:40 PM
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Re: BREAKING!!!! US Largest Biotech Company to Close Labs and Immediately Cut 2500 Jobs
The FED is going to be forced to cut rates in September which will do the average American no good because of the two tier interest rate system.

This will be an attempt to save the hedge funds. What the average american does not know is that many municipalities and pension funds bought into them to get superior yield.

They went unregulated so the local guberments could get 20% on their money annually. Most of these funds are now down 10% to 50%, which means all the minority local government workers will not have pensions and will go after the white male investment bankers and string them up.

This actually happend during the depression. That is why the '30s was so notorius for organized crime.

All I am hearing now from the PermaBullz is a bunch of apologies.
Anonymous Coward
User ID: 4910
United States
08/15/2007 04:43 PM
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Re: BREAKING!!!! US Largest Biotech Company to Close Labs and Immediately Cut 2500 Jobs
The FED is going to be forced to cut rates in September which will do the average American no good because of the two tier interest rate system.

This will be an attempt to save the hedge funds. What the average american does not know is that many municipalities and pension funds bought into them to get superior yield.

They went unregulated so the local guberments could get 20% on their money annually. Most of these funds are now down 10% to 50%, which means all the minority local government workers will not have pensions and will go after the white male investment bankers and string them up.

This actually happend during the depression. That is why the '30s was so notorius for organized crime.

All I am hearing now from the PermaBullz is a bunch of apologies.
 Quoting: Colonel Freedom 282895


Nice!

Do you have a website where I can read more stuff like this? I want to broaden my understanding of what's going on right now financially.

Thanks, Colonel.
Dude
User ID: 283057
Australia
08/15/2007 04:53 PM
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Re: BREAKING!!!! US Largest Biotech Company to Close Labs and Immediately Cut 2500 Jobs
Now, why does this make think about Steven King's book 'The Stand'. Strange timing, let's hope no one goes postal!
I mean what if there is something there that could...well you get the ideal.

zombies

Resident Evil The movie see it soon!
Colonel Freedom (OP)
User ID: 282895
United States
08/15/2007 05:14 PM
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Re: BREAKING!!!! US Largest Biotech Company to Close Labs and Immediately Cut 2500 Jobs
The FED is going to be forced to cut rates in September which will do the average American no good because of the two tier interest rate system.

This will be an attempt to save the hedge funds. What the average american does not know is that many municipalities and pension funds bought into them to get superior yield.

They went unregulated so the local guberments could get 20% on their money annually. Most of these funds are now down 10% to 50%, which means all the minority local government workers will not have pensions and will go after the white male investment bankers and string them up.

This actually happend during the depression. That is why the '30s was so notorius for organized crime.

All I am hearing now from the PermaBullz is a bunch of apologies.


Nice!

Do you have a website where I can read more stuff like this? I want to broaden my understanding of what's going on right now financially.

Thanks, Colonel.
 Quoting: Anonymous Coward 4910



AC 4901 see my blog at [link to debtprison.blogspot.com]
Colonel Freedom (OP)
User ID: 282895
United States
08/15/2007 05:44 PM
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Re: BREAKING!!!! US Largest Biotech Company to Close Labs and Immediately Cut 2500 Jobs
All the Permabullz, especially Cramer, kept insisting that that high tech was immune to the subprime mess.
Anonymous Coward
User ID: 283245
United States
08/15/2007 08:43 PM
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Re: BREAKING!!!! US Largest Biotech Company to Close Labs and Immediately Cut 2500 Jobs
I would love to watch Cramers' head explode as a small,fast moving,cylindrical object ripped through it....maybe that would shut his lying fucking mouth up once and for all!!!!





GLP