Berkshire 3rd Qtr Results

[gunfyter]

It was Bush's fault...

<Sarcasm off> :laugh:

 

[glasspilot]

<sarcasim off>

you're right

 

[rajflyboy]

The previous CEO relied almost exclusively on sales. He completely ignored operational costs, and as sales were pouring in, money was flowing out the door. Word is we paid one million as a consultant fee to the moron who invented the hamburgerler paint scheme. Or the square pegs for round holes (fiji), or the Netjets specific "food tools", wipes, etc.

In other words, the write offs were an inevidible result of the unforeseen economic melt down, but we were in no position to absorb the slightest tic, much less what really happened.

RTS is a great entrepeneur, no question. What is in question is his ability to maintain the business once it's created. Personally, I believe he simply relied on delegating corporate duties, like WB, but did so with incompetent people, unlike WB.

So say the rumors. We will never know the actual facts.

 

[G200_PILOT]

Thanks G200

As one of the many support staff let go...nice to see we are still remembered...Good Luck with the new changes and hope the economy allows the company to recover to bring back the ones that may want or be offered to come back.

No worries there friend, you guys are not forgotten. Too many great coworkers were let go that day. We won't even talk about HOW you guys were treated.

Hope you're doing well.

 

[CA1900]

... or the Netjets specific "food tools", wipes, etc.

I actually think the branded items were a fantastic idea. They look much nicer on the airplanes, and are of much higher quality than the ones they replaced.

Totally agree with the rest of your message, though.