Monday, September 06, 2010 00:31

Posts Tagged ‘investors’

Tesla Files For I.P.O (Finally)

Saturday, January 30th, 2010

Its about time Tesla finally is going to become an industry monster.

Here is a snippet from that article.

Hey if they are looking for some great consulting, you know where to find us. lol

SAN FRANCISCO (Reuters) — U.S. electric sports car maker Tesla Motors filed for an initial public offering of up to $100 million, aiming to cash in on growing investor interest in battery-powered vehicles and green technology.

Tesla Is Finally A Industry Player

Tesla Is Finally A Industry Player

The IPO filing on Friday from the six-year-old start-up, best known for its $109,000 all-electric Roadster, represents a landmark in the resurgence of electric car technology that most carmakers until recently had dismissed as impractical……

Tesla is a small player with a high-end market and limited production, but hopes the Model S electric sedan will broaden its potential market.

It has received about 2,000 reservations for the car, which is being designed as a four-door, five-passenger premium sedan with an additional third row with two rear-facing child seats. It has a base price of $49,900.

Wall Street Victim Commits Suicide

Friday, December 26th, 2008

After pulling off the heist of the century, Madoff has made his mark.

Rene-Thierry Magon de la Villehuchet was found dead in his New York apartment yesterday as the NYPD reported. Villehuchet lost an estimated 1.4 billion in Mr.Madoff’s investment schemes. This poor guy may have lost everything, maybe not everything but a lot of money and other peoples money as well. That’s a lot of money and a lot of pressure when its time to cough it over.

The U.S has a free market; which is the back bone of capitalism, but these past eight years has shown us the ugly side of capatilsm. We have seen the exploitation of the weak and the bad guys get a slap on the wrist. While Mr.Madoff was stealing from the rich and gave to the richer; did he ever think about this type of backlash? Did he ever think some one would commit suicide after loosing soo much money and what about the economy? Lets not even get into that; a life is lost at the hands of Mr.Madoff.

Rene-Thierry Magon de la Villehuchet, 65, was found sitting at his desk at about 8 a.m. with both wrists slashed, New York Police Department spokesman Paul Browne said. A box cutter was found on the floor along with a bottle of sleeping pills on his desk. No suicide note was found.

De la Villehuchet was one of several fund managersto be hit hard in Madoff’s alleged $50 billion Ponzi scheme. Investment fundsthat lost big to Madoff are also facing backlash and investor lawsuits for not protecting their clients from the alleged fraud.

With Christmas a few hours away I wonder what Mr.Madoff is thinking at this very moment?

Not for me to judge, but one thing is for sure hes one good thief. Will he get the justice he deserves? Who knows, lets hope his stolen money doesn’t find its way to Lady Justice.