Tuesday, November 18, 2008


Another installment of occasional updates on how we are doing out there

  • Starbucks reports that its profits are off 97% and it's stock is down 75% this year

  • GM stock at lowest price since 1937

  • Citicorp plans to layoff 35,000

  • Sheik sues Michael Jackson for $7 million for failing to deliver new album

  • White truffles are down 84%.

  • Coach stock down 66% year to date

  • Tiffany's stock is down 50% so far this year

As usual one of these is false

answer - Unfortunately Citicorp is planning to layoff over 50,000 employees. This on top of the 23,000 they have already laid off so far this year. Merry Christmas

1 comment:

Catherine said...

So sad to read this, so sad for these employees and their family!