Fred Smith cashing in

Discussion in 'FedEx Discussions' started by stopsperhour, Apr 24, 2014.

  1. MAKAVELI

    MAKAVELI Well-Known Member

    I guess old Fred wanted to cash some stock in before the lawsuits start piling up. But I'm sure he is donating it all to those crash victims and their families.;)
     
  2. MrFedEx

    MrFedEx Engorged Member

    I noticed that the first suit in regard to the Orland crash was filed....$100M.
     
  3. MAKAVELI

    MAKAVELI Well-Known Member

    What a coincidence, huh? He must be really taking that crash very hard.
     
  4. 59 Dano

    59 Dano Well-Known Member

    He must really be hurting for money. He's getting rid of 1.5% of his stock. That means he only has 15 million shares left!!!
     
  5. MAKAVELI

    MAKAVELI Well-Known Member

    $32 million isn't chump change. Maybe he needs it to buy more politicians.
     
  6. 59 Dano

    59 Dano Well-Known Member

    He must really be hurting to get rid of that much stock.
     
  7. MrFedEx

    MrFedEx Engorged Member

    Maybe Hoffa wants bigger checks than those he's been getting.