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Showing posts with label Bankruptcy. Show all posts
Showing posts with label Bankruptcy. Show all posts

Monday, June 1, 2009

Sidewalker takes ownership stake in GM...


...along with every other taxpayer in the U.S.! I have been dreading this day for some time. The day that is when someone I don't know, acting on information I'm not privy to, decided that I invest in General Motors. How come the "faceless few" never invests my funds in healthy companies?

I don't watch a lot of business news as I'm sure you're aware of if you have been a reader for some time, but I did come across this little gem on CNBC. One of the talking heads said "There is a silver lining to the GM chapter 11 bankruptcy, they are the number one car and truck seller in the U.S.". Lets think about this oral buffoonery for a second. If loss per unit sale is an irrelevance let me go on record as saying, you pick the product and Sidewalker Enterprises will be the number one seller of said product in the U.S., with the "doesn't matter what you lose" provision in place. And to think CNBC is a major source of business news for the majority of the Nation.

I don't like to rant but I could not keep a lid on this one. No money found since the last post, some money lost to Detroit though...

-Luke Sidewalker
-Current balance $10.15

Thursday, April 30, 2009

Paid to park


Mrs. Sidewalker has been doing most of the finding lately. It seems every time she goes somewhere and parks the car she gets out and finds some money. Her successes include a dime and three quarters in the last two days. I have chipped in with six cents myself. The locations of the finds can be found on my cashtrail to the right.

I read a story that in the U.K. there are a lot of counterfeit one pound coins in circulation. Don't the criminals know it is a lot cheaper and legal to just find the real coins on the floor. The story can be found here.

In other news today it looks like the time has expired on Chrysler's parking meter as they will file for some form of bankruptcy once the unions, creditors and government are done bickering over the last couple of billion dollars.

I will be publishing my month end report later today, so keep an eye out for that to follow my progress.

-Luke Sidewlaker
-Current balance $8.72
 
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