Cessna Maker Textron Sued For Misrepresentation Of Backlog And Financial Segment Deterioration

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Wed, 08/19/2009 - 13:27 | 41331 Printfaster
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Send in the lawyers.

Wed, 08/19/2009 - 13:35 | 41343 SDRII
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This about sums it up. The UK/US duopoly is working in concert -- will the new Japan regime fall in line?

Wed, 08/19/2009 - 13:49 | 41358 Veteran
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good read.  thanks

Wed, 08/19/2009 - 13:56 | 41375 ShankyS
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Excellent link - thanks - more negativity in the world is just what the dr. ordered - no green shoots there for sure.

Wed, 08/19/2009 - 18:34 | 41628 thomd (not verified)
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again, the truly wealthy don't do their own taxes, so they won't good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions

be tripped

Wed, 08/19/2009 - 14:48 | 41450 Rollerball
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End Game 101.  Saw the movie. 

Wed, 08/19/2009 - 13:55 | 41370 Miles Kendig
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Just another misguided labor union effort to detract from the efforts of those that can lift consumer spending and save our economy.

Wed, 08/19/2009 - 13:56 | 41373 deadhead
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Cash for Private Jets program being rolled out by Rahm in 5...4....3....

Wed, 08/19/2009 - 13:57 | 41379 ShankyS
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LOL - nice one. You are kidding, right?

Wed, 08/19/2009 - 14:20 | 41407 deadhead
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hey shanky!  I'll bet Pelosi is thinking it now that her last request for a couple of extra jets for congress  (read, her fat ass) got blown out by the media (drudge, i think).  i also loved how the politicians in the House tried to blame it on DoD.

seriously, here's one you probably haven't heard about.  approx one week ago, the NY Governor secretly kept $140 Million of stimulus money set aside with the plan to send it to current NY welfare recipients in the amount of $200 per child to be used for "back to school" purchases. Of course, the money was just put on the welfare recipients card with no restrictions.  anyways, they put the money on the cards before the letter was sent out (not that the letter would make any difference) and the people who got it were freaking out and buying beer, booze, lottery tickets, and cell phones (source was a local tv station in upstate NY). 

bottom line, at least in NY, we have Cash for Liquor, Cash for cell phones, you get the point.....i'd love to see wallstreetpro guy get a hold of this baby.

Wed, 08/19/2009 - 15:46 | 41516 gridlocked
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Corporate fraud always dealt with by civil fines because in fact the companies are run by robots and ghosts. Robots and ghosts can't be jailed so we fine them.

No people actually make decisions, cut checks, draft and sign statements.

Wed, 08/19/2009 - 16:19 | 41549 Anal_yst
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...and yet TXT is essentially flat today (and up slightly ytd)...



Wed, 08/19/2009 - 18:33 | 41627 thomd (not verified)
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Small fry: the truly wealthy have their accounts set up thru multiple layers of lawyers and shell accounts/trusts. Lawyer 2 doesn't even know who hired lawyer.

good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions

Wed, 08/19/2009 - 20:54 | 41827 Astute Investor
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The current modis operandi:  A small fine for TXT without admitting or denying wrongdoing. 

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