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 Some of my best friends are black.

    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 Some of my best friends are black.

    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.