#321 in Clothing, Shoes & Jewelry > Boys > Shoes > Loafers Jim Lebenthal opined, "It's less likely that they find more value than it is that they find less value in what they- in what they sell." Jim added that it's "crazy" that KPMG is still GE's auditor after messing up "big time" on the balance sheet.
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January 26, 2011 Cerelle Fast Money 01/30/18 Jan 30, 2018 Listen Money Management Tools Jim's right. If Weiss is truly in 70% cash (A. Did he do all his selling Jan. 27; B. he could've been selling just before the show aired), it's just a short-term timing call ... and what Jim didn't say is that Weiss' revelation would've sounded a lot more convincing on Thursday than on Monday.
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Step 2: Bookmark the Free and “for Sale” section in your browser. Sonnenfeld is hung up on the apology angle but stressed that Zuck wouldn't look like John Stumpf, Jac Nasser, Ken Lewis or Tony Hayward. "He's been coached, he's smarter than those guys, and they don't have enough time to get him. ... So he'll get away with it. But no, Scott, it is not authentic contrition. Apology is not contrition. It's not- it's not authentic." (This review was posted after Mark Zuckerberg's remarks Tuesday.)
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♦ Joe LaVorgna Budgeting for college students Weiss actually said it's "reminiscent of '87." (Whew. It's been a few days since we've heard parallels to 1929/1987/2000/2008.) 44:04
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