Boz
Boz
Joined: Sep 22, 2011
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Daddydoc
Daddydoc
Joined: Jun 22, 2014
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July 21st, 2014 at 6:08:59 PM permalink
I guess they weren't losing enough on operations.
If government is the answer, it must have been a very stupid question.
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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July 21st, 2014 at 7:18:09 PM permalink
As long as nobody was injured or killed, I like hearing about casinos being robbed and find pleasure. Good for the bad guys and hope they get a away with it.
I am a robot.
rxwine
rxwine
Joined: Feb 28, 2010
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July 21st, 2014 at 7:33:41 PM permalink
Quote: Boz

http://www.pressofatlanticcity.com/news/crime/more-than-stolen-from-caesars-in-armed-robbery/article_3348e7dc-110f-11e4-90ed-0019bb2963f4.html


Not too many details yet, a developing story.



Anything in AC you have to suspect it's investors trying to rob their way out of debt. You know, like classic arson, and burning down a bankrupt business to collect insurance.
Everything is in high definition today except Bigfoot and UFOs
Boney526
Boney526
Joined: Sep 25, 2011
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July 21st, 2014 at 7:44:47 PM permalink
Quote: onenickelmiracle

As long as nobody was injured or killed, I like hearing about casinos being robbed and find pleasure. Good for the bad guys and hope they get a away with it.



Well that doesn't make you sound like a degenerate or anything.
Daddydoc
Daddydoc
Joined: Jun 22, 2014
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July 22nd, 2014 at 6:00:05 PM permalink
Quote: onenickelmiracle

As long as nobody was injured or killed, I like hearing about casinos being robbed and find pleasure. Good for the bad guys and hope they get a away with it.



As much as CET may be a despicable corporation, it is still a shareholder owned company which means the thieves are stealing from the stockholders, many of whom may be small investors and pension/retirement funds. Granted, CET is almost certainly insured against such losses, but their insurance costs will go up to cover the loss which gets charged back against CET's nonexistent profits. I understand (I think) your David vs. Goliath angle, but gun wielding robbers do not conjure up a noble image for me.
If government is the answer, it must have been a very stupid question.
Boz
Boz
Joined: Sep 22, 2011
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July 22nd, 2014 at 6:18:35 PM permalink
Quote: Daddydoc

As much as CET may be a despicable corporation, it is still a shareholder owned company which means the thieves are stealing from the stockholders, many of whom may be small investors and pension/retirement funds. Granted, CET is almost certainly insured against such losses, but their insurance costs will go up to cover the loss which gets charged back against CET's nonexistent profits. I understand (I think) your David vs. Goliath angle, but gun wielding robbers do not conjure up a noble image for me.



Agreed, but anyone buying CZR stock at this time is a gambler and the bet is -EV bigtime.
JohnnyQ
JohnnyQ
Joined: Nov 3, 2009
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July 22nd, 2014 at 7:01:26 PM permalink
Quote: Daddydoc

I understand (I think) your David vs. Goliath angle, but gun wielding robbers do not conjure up a noble image for me.



Every armed robbery has a chance of going horribly wrong and killing innocent people. So, I didn't find any humor in ONENICKEL's post either, which I assume was intended.
Like the castle in its corner In a medieval game; I foresee terrible trouble And I stay here just the same
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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July 22nd, 2014 at 7:05:47 PM permalink
Quote: Daddydoc

As much as CET may be a despicable corporation, it is still a shareholder owned company which means the thieves are stealing from the stockholders, many of whom may be small investors and pension/retirement funds. Granted, CET is almost certainly insured against such losses, but their insurance costs will go up to cover the loss which gets charged back against CET's nonexistent profits. I understand (I think) your David vs. Goliath angle, but gun wielding robbers do not conjure up a noble image for me.

There is probably more upper level management theft from investors than this take.
I am a robot.
Daddydoc
Daddydoc
Joined: Jun 22, 2014
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July 22nd, 2014 at 7:19:00 PM permalink
Quote: onenickelmiracle

There is probably more upper level management theft from investors than this take.



Yeah, that may be true, but I don't factually know this and I don't think you do either. There certainly could be as many thieving scumbags in the boardroom of CET as there are at Goldman Sachs, JP Morgan or any number of other financial firms. They are despicable, and they affect many lives, but they aren't waving guns in the faces of people while committing their crimes. No less despicable, but less dangerous.
If government is the answer, it must have been a very stupid question.

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