This page has been archived and commenting is disabled.

Wall St. Solution to the Health Care Crisis: An IPO

Bruce Krasting's picture




 
The strong stock market is bringing out the IPO’s again. Always a sign
that a top is not far off. Some deals were trying to rush to market.
This one looked interesting:


The
company has a very solid business plan. They were going to open up
euthanasia centers in five or six big cities to role out the concept.
It was a classy set up. The lucky person would go to this place with
friends and family. Say hello/goodbye, drink some hemlock and fall
asleep on the couch. Meanwhile, every one else got to enjoy the
available amenities. Music, dance floor, appetizers (no full meals), an
open bar, photographer, the works. It was all very ‘upbeat’.

After
the initial build of these 'owned' centers the plan was to franchise a
very big growth roll out. We are talking ‘McDonald's’ type returns here.

Macro
investors look for the big trends. When you consider the rapidly aging
population and the chaos in Social Security/Medicare this deal looks
hot. At one point I heard that Fidelity’s Senior Fund was prepared to
circle the entire deal. If FIDO’s in, it means the IPO will by up 20%
at the opening.

This deal almost got done. But at the last
minute the SEC cratered it. Their view was that euthanasia was illegal
in most states and therefore the investment may be declared fraudulent
conveyance and subject to forfeiture. They were just trying to ‘protect
investors interests’ was the excuse given. Party poopers.

Last heard, the SEC was reviewing this with ‘higher authority’. Don’t hold your breath.

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 08/12/2009 - 09:27 | 33722 Anonymous
Anonymous's picture

Charirman & CEO, Dr Kevorkian?

Wed, 08/12/2009 - 01:09 | 33590 Anonymous
Anonymous's picture

I think this is a great idea. Lets starts with the company founders. They can give us a demonstration by drinking the hemlock and lieing on the couch. We can ask them if they are comfortable and ready to see the great beyond. Then we can move to the heads of the SEC and down the line until we get a clear financial picture of what a great investment this would be. Of course we may have to hire a few psycics to communicate the daily business. I like 'Alibis r us' I see a big opportunity in political circles.

Tue, 08/11/2009 - 22:30 | 33457 Anonymous
Anonymous's picture

At least we still have the 'Death Panels' where all the idiots who buy into Rush and Sean's talking points are thinned from the herd.

Tue, 08/11/2009 - 20:06 | 33381 Sqworl
Sqworl's picture

Scrushy Lives!!!!

Tue, 08/11/2009 - 01:27 | 32559 Anonymous
Anonymous's picture

I don't understand. What is this 'illegal' you talk about? I've never heard the term.

I may as well give you all a heads-up now on this: I'm getting ready to go public with my company, Alibi's R' Us

We provide:

Job references
Doctors notes (perscriptions extra)
Witnesses
Ticket stubs
X-rays
Custom conversations

Tue, 08/11/2009 - 01:03 | 32548 Anonymous
Anonymous's picture

Definition of QALY

QALY: Quality adjusted life year, a year of life adjusted for its quality or its value. A year in perfect health is considered equal to 1.0 QALY. The value of a year in ill health would be discounted. For example, a year bedridden might have a value equal to 0.5 QALY. (medicine.net)

Tue, 08/11/2009 - 21:33 | 33432 Steak
Steak's picture

Its scary and impressively simple at the same time.  But I think folk in this country would go apeshit if we had anything like it.

http://www.nice.org.uk/newsroom/features/measuringeffectivenessandcosteffectivenesstheqaly.jsp

Wed, 08/12/2009 - 12:08 | 33892 wiggy97
wiggy97's picture

For Impressively simple read impressively stupid. Anything to do with the English NHS- remember Gordon Brown is from north of the border so the Scots get extra special treatment - is designed to extract the maximm amount of cash from the system for the bureaucrats operating it and the minimum convenience for the taxpayer/patient. Not for nothing is the NHS euphemistically called the National Death Service. NICE is an excruciatingly inane body composed of doctors accountants and other pondlife whose job it is to say no to anything remotely useful, whilst at the same time obviously keeping the interest of the drug companies alive. Its sickening and you are bound to get it!

Wed, 08/12/2009 - 02:40 | 33608 Anonymous
Anonymous's picture

Google it. We do. I am a physician. My erudite journal are doing "cost effectiveness" studies based on QALY.

Mon, 08/10/2009 - 23:00 | 32468 bernbear (not verified)
bernbear's picture

Didn't they have this exact operation in Soylent Green?  I think Edward G. Robinson chose orange as his favorite color...probably

Mon, 08/10/2009 - 17:55 | 32131 Anonymous
Anonymous's picture

Awesome..rend us down for the fat to make biofuels...no more global dependance on oil.....If I am fat, does that mean I need to buy carbon credits to offset my potential fuel value?

Mon, 08/10/2009 - 16:40 | 31990 D.O.D.
D.O.D.'s picture

YDLD

CLASSIC!!!

"the SEC was reviewing this with ‘higher authority’"

Who's that? Goldamn Sachs?

http://www.msnbc.msn.com/id/32306655/ns/health-health_care

 

Mon, 08/10/2009 - 16:49 | 32015 Anonymous
Anonymous's picture

Must be contagious:

U.S. recession seen ending in third quarter:
http://www.reuters.com/article/newsOne/idUSTRE5792C820090810

Mon, 08/10/2009 - 14:43 | 31763 barbecue
barbecue's picture

Didn't they have this exact operation in Soylent Green?  I think Edward G. Robinson chose orange as his favorite color.

Mon, 08/10/2009 - 14:40 | 31756 spekulatn
spekulatn's picture

OUTFRIGGINSTANDING stuff mr. BK.

 

"MARK IT ZERO, DUDE"

Mon, 08/10/2009 - 13:39 | 31641 Comrade de Chaos
Comrade de Chaos's picture

I am updating my recommendation on that particular issue from the STRONG BUY to MUST BUY or ELSE.

Do NOT follow this link or you will be banned from the site!