Global financial crisis will lead to more layoffs

Discussion in 'Professional Cycling' started by Doctor.House, Aug 16, 2007.

  1. Doctor.House

    Doctor.House New Member

    Joined:
    Jun 14, 2007
    Messages:
    902
    Likes Received:
    0
    Unending doping stories aside, Wall Street (Hedge Funds, Bankers, Mortgage lenders, brokers, e-brokers, global credit markets) is presently in steep free fall.

    This free fall of 'mark-to market of junk securities', lack of trading of commercial paper at par, freezing of CMO liquidity, has lead to a credit freeze. Consumers function on credit.

    No credit, means no:
    car purchases
    Condo sales
    Home sales
    Home improvement sales
    HD TV tickets
    Hotel bookings
    Restaurant meals
    marketing budget cuts
    cycling related sales
    Team Discovery non-renewal
    No Chris Horner renewal

    Look for a smaller, lower paid peleton in 2008. T-Mobile may dominate as they appear financially commtted to the Bjarne Riis, Erik Zabel, Jan Ulrich, Patrick Sinkewitz cheater program.

    Look for Trek Bicycles and the Chris Carmichael CTS sales to fall off a cliff. Even Amgen announced layoffs today on flagging Aranesp sales. (FDA said onchology docs tend to overdose chemo patients on it)

    It had to happen eventually, Lance's crimes must be paid for in cow blood.
     
    Tags:


  2. Doctor.House

    Doctor.House New Member

    Joined:
    Jun 14, 2007
    Messages:
    902
    Likes Received:
    0
    Which central banks will help to put Humpty Dumpty back together? (grant free money)

    Hint:
    All of them?

    EPO, RSR-13, hGH, T, corticoids, Pot Belge and Cow blood for the global economy financial Polypharmacy trauma care is coming soon.
     
  3. Doctor.House

    Doctor.House New Member

    Joined:
    Jun 14, 2007
    Messages:
    902
    Likes Received:
    0
    T-Mobile will reduce rider payroll whilst Bob Stapleton takes more money.

    Them's the rules.

    Bjarne Riis will take more profits from his CSC bank account too.
     
  4. Doctor.House

    Doctor.House New Member

    Joined:
    Jun 14, 2007
    Messages:
    902
    Likes Received:
    0
    The global financial mess is just getting started.

    It will get much worse.

    Chris Horner will need to interview at MacDonalds.
     
Loading...
Loading...