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Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

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121–130 of 171 posts

Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#122
post #113

Earlier quoted context omitted.

Well, most of that is accurate. Also forfeiture doesn't account for the fact that you may have paid capital gains tax. I feel like they really shafted me on that one.

Did you actually serve the full two years? That would've had you getting out pretty recently.

Federal sentences are able to be reduced to 85% with good time. It is also possible to participate in a residential drug treatment program to get up to 12 months off of your sentence. Additionally, they typically send you to a privately operated halfway house near the end of your sentence. Halfway house time can vary widely. Participation in the residential program guarantees you at least 4 months in a halfway house. While at the halfway house you can go out into the community socially, for work, and to live at home for up to 48 continuous hours. From the halfway house you are also capable of being placed on full time home confinement. You become eligible when you have 10% of your sentence left. Occasionally more well-known types, such as politicians, are sent to home confinement earlier. This is supposedly because of "security issues" at the halfway house.

I was sentenced in March of 2018 and self-surrendered at FCI Morgantown on May of 2018. I participated in the residential program and left in May of 2019. I am fully released in October of 2019. I currently live at the halfway house. You need an ankle monitor to go on home confinement and my place of employment is not compatible with an ankle monitor. Unfortunately, the BOP requires you to pay 25% of your gross income to the halfway house while you reside there.

Edit: I can't edit my original comment. I'd also like to add that Matt Levine's wife works at the Federal Defenders of NY office.

Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#124

It only took 19 years, but we finally have the next pets.com. What will we call this era? Dotcom Bubble II?

except WeWork has absolutely nothing to do with being a tech company

Which for some reason finally matters.

Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#125
post #4

We're going to look back on this company and say to ourselves "why did we fund a company to sign rental agreements". I jest, but WeWork is one of those strange entities that's greater than the sum of its parts. If the magic goes or the brand tarnishes a little, then the whole thing goes poof.

> WeWork is one of those strange entities that's greater than the sum of its parts

Or it's one of those entities that claimed to be greater than the sum of it's parts often enough that people started to believe.

Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#127
post #63

Earlier quoted context omitted.

Quite right, like this [1] 100% factual not at all bullshit scientifically sound article on climate change. Thought provoking indeed. [1] https://www.zerohedge.com/news/2019-09-05/5-surprising-scien...

..? I’m not seeing anything on that page that isn’t based on “facts”, and none of it seems obviously incorrect..

> Polar Bears and Other Species Are Not Dying But Flourishing

Lets base it on reports of a couple of big name species and declare everything is fine. Facts!

if you read zerohedge you have long since decided that facts do not at all matter to you.

Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#128
post #67

Earlier quoted context omitted.

It says co2 doesn't impact temperature: "While most of the current climatologists who collaborate with the United Nations believe anthropogenic CO2 emissions have exacerbated natural warming in recent decades, there is no empirical proof to support their claim. The only way to test it would be to wait and see if their assumptions come true. The entire climate fraternity was in for a surprise when global temperature b…

The thing with ZeroHedge is that you will see an article like this alongside another one like this: https://www.zerohedge.com/health/temperatures-pacific-ocean-... It is in aggregate an extreme blog with narratives that are non-consensus. So, yes, climate denial fits in that box, but it will also have articles on climate apocalypse. In aggregate I find it to be fairly eye-opening and bring to light ideas that are for…

Right, that's the sort of bullshit that media has always pulled.

Give equal time to both sides, even when one side is blatantly full of shit. It's ridiculous.

Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#129

Buying that stock would be akin to donating to a "Help Adam Neumann Buy Real Estate" GoFundMe campaign.

He at least had the good sense to "allow" them to use "his" WE trademark without having to pay the $15M annual fee anymore!

Bloomberg mentioned that Neumann probably cost himself tens, if not hundreds, of millions of dollars because of the huge negative impact of that clause, given that most of his wealth is tied up in WeWork stock. And then he ended up cancelling the deal anyways.

Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#130

Earlier quoted context omitted.

Quite right, like this [1] 100% factual not at all bullshit scientifically sound article on climate change. Thought provoking indeed. [1] https://www.zerohedge.com/news/2019-09-05/5-surprising-scien...

It seems like anything even remotely threatening the climate change gospel is treated just as the Catholic Church treated heretics centuries ago. AGW has ascended (descended?) into religious territory where even the slightest criticism of the “truth” is treated as blasphemous. It’s like many of the climate alarmists have turned into old school evangelicals that avoid wine and dancing out of fear it’ll rile up the dev…

It's 11-12 years to try and slow things down enough. That's not exactly the same but it could end up effectively the same.

> It seems like anything even remotely threatening the climate change gospel is treated just as the Catholic Church treated heretics centuries ago.

Except one side is based on broad scientific consensus and the other is based on your precious GEOTUS and corporate cronies who would rather see the human race dead than any threat to profits.

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