MAYBE THIS WILL START A TREND

More filthy scumbag CEOs need to pay the ultimate price for their criminal misdeeds. Maybe this will start a trend that spreads around the globe. How many people will shed tears if a few Wall Street CEO scumbags met a similar fate? Not many. The next leg down in this ongoing depression will lose lots of people lots of money. Angry men with weapons who have been screwed by Wall Street would be a welcome addition to this Fourth Turning.

Disgruntled Chinese investor stabs CEO after losing investment

Asset management firm’s chief in coma after attack during investor meeting

AFP/Getty Images
All is quiet on the trading floor at the Shanghai Stock Exchange, belying a volatile few months that left many investors short.

In a graphic example of the toll the Chinese stock market’s selloff is taking on some investors, a disgruntled Chinese man reportedly attacked the chief executive of an asset management firm after learning that he would not get back nearly $50,000 he invested with the company.

The assailant, who was not identified, stabbed Wang Jie, CEO of Global Wealth Investment, during an investor meeting, media reports said. The CEO, who was rushed to the hospital, remains in a coma.

“The company’s clients took comfort from the fact that their investment was backed by Hebei Financing Investment Guarantee Group, one of China’s biggest state-backed credit guarantors,” Reuters reported. “However, Hebei Financing decided not to honor its commitment earlier this year.”

Global Wealth, which at one point managed more than 700 million yuan ($110.4 million) in assets, is now on the verge of bankruptcy, the news agency said.

The incident demonstrates the growing anger and frustration among some Chinese investors, who were caught unaware as the Shanghai Composite Index SHCOMP, +0.17%  plummeted 30% within a matter of weeks after skyrocketing 70% between November and May.

12
Leave a Reply

avatar
  Subscribe  
Notify of
Westcoaster
Westcoaster

That’ll get their attention!

starfcker
starfcker

What do you call a couple thousand dead bankers?

kokoda
kokoda

Star…………..Financial Compost

motley3
motley3

I’m a stockbroker myself and I’d call it … about time!

Rainstorm
Rainstorm

So happy on the way up. “I’m a genius”. I lost? It’s somebody else’s fault.

Anonymous
Anonymous

If there were no risk in the financial markets everyone would be rich by the time they were 12.

People should think about this a bit before they give their money to someone else hoping for riches in return.

OldeVirginian
OldeVirginian

Guarantee from hebe repudiated?

Ottomatik
Ottomatik

A fine display of greed gone amuck, seppuku would have made a fitting finale.

Lysander
Lysander

Hurrah! The hell with school shootings, let’s see some corporate boardroom massacres.

I can picture in my head that lady who testified before congress on the Enron rip-off. She was about 70 and had unfortunately put all her eggs in one basket and lost something like $700,000. So she took it and shuffled off to her miserable final days. Of course congress didn’t do shit.

But she could’ve.

Some day someone is going to go to town on those mudderfkrs. BTW, did you all know that you can easily and legally buy a flamethrower? I don’t mean some pussy one for burning leaves or melting ice, but a real live flamethrower……. https://throwflame.com/products/flamethrower/

“Say Brad, is getting hot in this boardroom or is it just me?”
BRAD: AAAAAHHHHRRRGH!!!

kc
kc

Some day someone is going to go to town on those mudderfkrs. BTW, did you all know that you can easily and legally buy a flamethrower? I don’t mean some pussy one for burning leaves or melting ice, but a real live flamethrower……. https://throwflame.com/products/flamethrower/

OH WOW i want one of these bad boys… and 1-2 days shipping time!!! i pity the next fucker that cuts me off on my commute to work in the morning before i have a cuppa coffee….

Anonymous
Anonymous

kc.

Moves are already being made to ban flamethrowers for the private sector, to limit them to law government agencies and police.

Why do the police need flamethrowers?

Well, Koresh and his congregation should explain that.

TE
TE

@Star, I’d call that a good start.

Discover more from The Burning Platform

Subscribe now to keep reading and get access to the full archive.

Continue reading