You can’t make this shit up. “Financial Advisers” are, as a general rule, the dumbest motherfuckers on the planet. For every good one, there are 99 shit-for-brains ones. I know … all I have to do is talk to Ms Freud’s son for ten seconds. Yet, he makes a lot of money. Go figure!
“Michael Hasenstab is the country’s biggest private bondholder and has seen his investment almost halved with Ukraine’s economy in freefall… and everything else that you already know, but apparently he didn’t. “
Quoting one of his gems.
“And lastly what attracted us was the universal consensus that it was not going to work. Now, just because the market doesn’t like it, doesn’t necessitate that we do like it, but we do look for situations that are out of favor when we go to the country.”
Now if this wasn’t bad, just watch the video below of him explaining it all and try not to fall of your chair.
That vidoe is absolute bullshit, how could he keep a straight face is beyond me.
That financy boy rates high on the unintentional comedy scale. Heartened by the government’s response and by the way the people have “come together”? Seriously?
Why can I picture this dolt issuing a buy recommendation on I.G. Farben in 1944?
“And not only did they beat earnings estimates last quarter but they were able to eliminate legal set asides as they haven’t had a single user of their new Zyklon B product file for a return or exchange.”
Welshman / Fred
Thank you for commenting.
I must be losing my sense of humor …. I watched it and thought “holy shit, what a douche nozzle” which then led to laughter. I guess you two are the only other folks who see it the same way.