Discussion in 'BlackHat Lounge' started by ~@-kanye-west-@~, Mar 22, 2009.
Thats Reality Is..
I saw and watched this video. Too sad stuff like these had to happen to people.
That is\was a big problem with people. living way beyond their means, spending more than they actually make. If we get through this recession in one piece peoples spending habits will be completely different. I do on other hand respect that man for doing what he has to do to feed his family, i imagine it would be pretty tough personally to take a job as a pizza delivery guy after being a successful CEO.
Fucking greedy family got put into their place, this made me laugh.
super sad and especially how he must have felt when he was taking orders instead of giving them
yep its sad.. so you guys should be thankful for making big bucks while just sitting at home
I bet he thought he was so wise to go it alone, but his greediness backfired. He should have stayed put where everything was going fine. If he was a CEO what more does he want? Why leave your job? Stupid thinking. Why not setup your own company whilst holding onto your job? It's called testing the waters but he thought he could have walked on water. He thought he could have walked without crawling. Lesson learned. I bet he didn't even have an accountant. He must of forgotten that he had a team when he was a CEO, before he started thinking he was superman.
feel sad for the guy
He was a CEO of his own hedgefund company, and his company went broke when the markets collapsed.
Everyone has that dream of working for themselves, just didn't work out for him.
I could care less about this guy. If he was the CEO and making $750,000 a year then we should assume he has been making at least $100,000 for 10 years(just a guess based on the fact that you don't usually go from 20K a year to that overnight). If over that amount of time you have made that much money and one day you don't have a job, you should be ok for quite awhile. I mean if you make $14,423 a week then you should have substantial savings. Enough that the normal person could live for years. But no, I bet this asshole took vacations, bought expensive cars, had a huge house or two, bought all the little toys that he wanted and saved nothing. He spent it all. I am not sure what I would have to do to spend $14,423 of income every week. But even if I could figure out what to do with all that money every week, I am pretty sure if I had no income, I would have expensive cars and toys that I could sell and live for years with. This guy is just an idiot. It is ignorant assholes like this that have fucked up the market big time. Why in the world do people like this get to manage vast sums of money and can't even take care of his finances while making 750k a year? I hope terrible things happen to this guy to teach him a lesson for sucking.
That guy should come work with me. Anyone got his number? haha
That is because most people is brainwashed to buy more than their means. Doctors who make $100,000 a year, most likely will buy $500,000 dollar houses, two $30,000 cars, etc. So this guy who made $750,000 probably bought a much more costly house.
I agree with goldengod. Even if he did lose everything, i dont see how you can blow all that money. You MUST have assets that can go to keep you alive. He should have a car thats worth a years salary delivering pizzas.
It would be because. You SHOULD NOT buy a 1 mil house outright in my mind. You would be better off investing that money somewhere, taking the proceedings from that investment be it interest or whatever. And then paying your mortgage, and maybe having some left over.
So in effect you are getting a house for free without losing any money in the process.
the guy's obviously an idiot.. Any intelligent person making that much money would have attempted to foresee the future and make sure he is safe. The key to success is constantly learning and advancing, looking to the future while judging from the past and present. This guy fucked up and it just shows that either this guy lucked out getting the CEO job in the first place, or whoever handed him the job had no judgement at all..
lol. I see this as humour. I mean we all need some humour in our lives, someone should at least thank him for that.
That's crazy. This story was just on FOX News a few minutes ago. Fuck if I'd work for $7 an hour.
exactly. Why the hell would you spend more than you have. Why are Americans so fiendish that they can't wait at all.. Even if they are making clost to a million a year, they can't be satisfied enough just knowing that they are rich. They have to act rich too, and right away! ..And way more than they actually are.. It almost seems like a big percentage of the American population is all looking to show up their fellow Americans and look bigger than they actually are.
But seriously, to those people that spend more than they have:
-Why would you take the risk of spending way more than you have just to experience wealth a little sooner when you could just slowly increase your luxurious life-styles and be safe at the same time? Life will feel like it's getting better and better (cuz it is), which is better than getting everything all at once anyways, and you won't ever get fucked over. Something to ponder..
Plus money makes money so look to invest it (unless you're f^cking dumb)
He worked for a company making 750,000 a year
he quit that job to become CEO of his own company
america is on crisis today..
edit: except for blackhatters
hes still dumb. Why not make his new company before he quits.. It's so simple!
Rather than quitting and gambling. Why not simply start your new business while you're working.. Then if u fuck up u still have your job. Or at least save up a bunch of money to be safe, and no when to quit jeez. He kept using his emergency funds to keep his business afloat. What a retard.. Know when to call it quits lol. If he at least kept enough to pay off his mortgage and enough to start up a different business if he thought of a good idea (which this guy obviously can't do). LOL this guy underestimated the simple yet effective idea of planning, and he got fucked for it.
Survival of the Fittest. Good Riddance.
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