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Should It Come As A Surprise?
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<blockquote data-quote="bacha29" data-source="post: 5296992" data-attributes="member: 58386"><p>Among the people who used to work for D.E. Shaw.....Former Treasury Secretary Larry Summers and some guy I heard of once or twice before but I can't place where this guy fits in. Perhaps you could help me. The guy's name is.....I've got it here someplace....ah here it is....The guy's name is Jeff Bezos. I remember that name from somewhere.</p><p></p><p>A short time ago CNBC had a couple of analysists on the air who follow FDX. One spoke about the fact that FDX is only half as profitable relative to it's size compared to other carriers.</p><p></p><p>Now the other guy simplified the entire matter when he simply said that too many people saw too many ground and express trucks showing up too many times at too many places at the same time of the day. And naturally when too many big bats in the financial markets see nonsense like this going on they see unnecessary costs being incurred and have set out to eliminate those costs.....And what they're going to do and how far they're willing to go to eliminate what they see as unnecessary costs? Well, the question is how many of you are willing to hang around to see what they're going to do? Unfortunately, for contractors many of whom have every cent of money to their name tied up in trucks and routes there may very well be no pain free way out.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5296992, member: 58386"] Among the people who used to work for D.E. Shaw.....Former Treasury Secretary Larry Summers and some guy I heard of once or twice before but I can't place where this guy fits in. Perhaps you could help me. The guy's name is.....I've got it here someplace....ah here it is....The guy's name is Jeff Bezos. I remember that name from somewhere. A short time ago CNBC had a couple of analysists on the air who follow FDX. One spoke about the fact that FDX is only half as profitable relative to it's size compared to other carriers. Now the other guy simplified the entire matter when he simply said that too many people saw too many ground and express trucks showing up too many times at too many places at the same time of the day. And naturally when too many big bats in the financial markets see nonsense like this going on they see unnecessary costs being incurred and have set out to eliminate those costs.....And what they're going to do and how far they're willing to go to eliminate what they see as unnecessary costs? Well, the question is how many of you are willing to hang around to see what they're going to do? Unfortunately, for contractors many of whom have every cent of money to their name tied up in trucks and routes there may very well be no pain free way out. [/QUOTE]
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