Somabus

My shoes look great! Theo did a great job on them. And then he said I could decide the price. Just 10 minutes before I had heard him quote another customer 18 dollars. I gave him everything I had in my wallet, (which was more than enough). What do you charge your customers? Google tells me that sometimes he doesn’t charge at all. Of course people still pay.  

I received an email today with a tag at the end advising me to consider the environmental effects before printing.

 ”Please consider the impact on the environment before printing this email or its attachments”.

This is being done in places of business which run through paper without thought at all. Is printing email a real problem? Is it pervasive? If you find yourself printing your emails at all there is a larger problem.Leave your self-promoting two cents off your signature line. 

The writing was on the wall a few days ago when I did the calculation on Aubrey McClendon’s losses in his own Chesapeake Energy stock. After closing at a record low on Friday, it became public that McClendon was forced to sell “substantially all” of his stock in order to meet margin calls. Word on the street is that Anthony Petrello, President and COO of Nabors Industries (NBR), is in a similar boat. Seems margin calls are really biting the big boys, but its not just the men behind the companies who are hurting; it may be the companies themselves. The finance world seems to be buzzing about Chesapeake Energy’s corporate notes being called. Apparently they have been approached about paying down debt before insolvency becomes a reality.  This isn’t even to mention that CHK may have some exposure to failed banking institutions.

Ever lost over $20 million dollars per month? Chesapeake Energy’s CEO Aubrey McClendon has; for four months in a row. Apparently he kept buying further in as the stock continued a decline. In whole McClendon spent over $150 million purchasing a little over 3 million shares starting in the middle of July. Since July 15th the stock has had about a 65% slump. Needless to say that McClendon gambled away about $90 million dollars in the process. Their debt load is now about twice their market cap, and the interesting thing is that the message boards are starting to use words like “Buyout Candidate”. 

I wouldn’t even use Yahoo email in my personal life. I look down on those who use it for business. At least use Gmail (no offense Seth Godin). I view Yahoo email as tedious, clumsy, and no doubt a relic of those who simply cannot move with the times. It’s like that one friend you have that still uses AOL. Apparently Sarah Palin doesn’t feel the same way. And while I do not agree with someone hacking into her email account for political gain, she should not be using a Yahoo acount for government business. I mean she really is a soccer mom. What do you think of when you get a business card with a free mail service as the domain in the email address. They are either lazy, late adopters, or just out of touch. To think that someone would do such a thing for Government transactions is simply deplorable.