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Adding Insult to Pink Slip

Tyler Durden's picture




 

CNBC reports John Thain had bought 84,600 shares yesterday. This translates to a loss of over $70,000 in one day. Enough to buy two commodes on legs or about 14 port-a-potties, which may be more prudent as the New York Unemployment Benefits hotline is still off the hook for the 4th week running.

****UPDATE****

The purchase apparently was at$5.71 so no major commode loss

 

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