The Biggest Loser - Curt Schilling, Former Red Sox and Owner of 38 Studios
Fri, 18 May 2012|
Curt Schilling, former Red Sox and Owner of 38 Studios, made the cut for this weeks Biggest Loser.
Related Audio:
-
Paul La Monica, CNN Money, on the Housing RecoveryPaul La Monica, CNN Money, on the Housing Recovery
some of the builders who are talking about -- homes Lennar. And DR Horton . You know you probably one -- by those before. We see the substantial increase in housing starts break is we're not seeing -
What's Up On Wall Street - Joe Deaux, The Street
What's Up On Wall Street - Joe Deaux, The Street
in a position. Where they can stop buying these bonds -- the Federal Reserve really believes that these low interest rates are helping. The content I'm not sure I agree with that but. That's what the -
Stock Talk - Dan Werner, Morningstar
Stock Talk - Dan Werner, Morningstar
cars and when they replace the cars -- any financing so we seed Capital One taken bands that with their national brand. And with the commercial I mean they have very large presence in in very dense areas like new York and Washington. And they also have have a bank down Louisiana and they've been growing the commercial commercial real estate very well. In terms of loan loan quality it's been very good for. Company that has as much unsecured lending. They're very conservative and -- You know I can -- appear very low loss ratio so and as well it would be with. -- return planned they just we're able to. Bump up their dividends from five cents to thirty stem cells What you are you what are they gonna do to get -- because they're earning 537. Share generally paying out a dollar -
Mark Williams, a former Federal Reserve bank and now Professor at Boston University, on Jamie Dimon keeping both roles at JPMorgan
Mark Williams, a former Federal Reserve bank and now Professor at Boston University, on Jamie Dimon keeping both roles at JPMorgan
are. Probably too young to remember but it was a lot of real estate auctions. Is very high level of unemployment New England it was argued was really the state of depression in the early 1990s.
Automatically Generated Transcript (may not be 100% accurate)
Medical room. Loser trying to find out the week's worst performer. This week's use lose. June it's got to be -- Curt Schilling and yes it's good news. It may tag that company it would what a farce they borrowed 75. Million from the stupid the lawmakers and rode around the idea. That's stupid lawmakers I'm thinking we're just totally bowled over by. Schilling's presents via these you know he's got he's wearing the rings and a bloody -- he's got a whole -- -- -- he walks into the room its outskirts and this is so cool we get to do business with this guy here I think that's what happened. Here's what really grinds my gears about Curt Schilling here's a guy. He says all on this conservative Republican he campaigned for George Bush he does he's out there. Conservative conservative conservative right -- meanwhile he can't raise private money what does he do he goes to the government he goes to the dumbest government in the country and no new data Rhode Island. Stage and you -- you know where he knew where to go out yet and it's a little bit of chaos right if that's what Rhode -- all about right. Maybe next week Rhode Island will be the Biggest Loser I guess they're gonna pay the 75 million bucks yet that yet they should be thrown into this thing with him tonight I think it's it's nothing less than a criminal activity they went yesterday. Great for couple days ago Kirk goes to the CDC and says CDC's the economic development corporation for about says we -- some more money. You know we blew the 75 billion party gave us we need another 25 I don't know if -- asked for and that's and and I'm sure they said this and hit the brakes you know. And then he is that gone goal you know he does. -- he says okay we're gonna make the one point one million dollar. Payment that we owe you and the nation okay wired to this number they deliver a paper check. The the we -- over seven via -- -- so let Maine needed to deliver a paper check is supposed to do in the instructed electronic transfer so he doesn't have the one point one minute he got it eats about a hundred -- is. All right I -- pressure I'm not so sure anymore well there I don't know I Unita reason nailed it a. Apparently he invested thirty million dollars into this company -- video games I mean let's just you know that as a very competitive. And market to get into number one. And then you know a promise of creating all of these jobs on -- because they need them so much. And look what happened. I really think they were -- -- -- and they just got sucked in they get seduced. If you will idea. You know the Red Sox champion now is it's a shame because the you use you look at it and you say okay. Due to bat for -- Leno he's gonna be -- humid you'll think and it will be will be able to do something like this again grievance -- not our business again he's all done and the and the existing terms of peace venture capital firms were not. Terribly book -- here's a quote from venture capitalist. More than one venture capitalist who has -- Schilling has come away with the impression. That and the investment would require quite a bit of babysitting. Noted E*Trade publication private equity weakness that was at the time fly bridge capital. Partners in it which is -- VC firm in Boston and several other Boston area firms passed on 38 studios but Rhode Island stupid enough. To donate dummy 75 billion dollars of taxpayer they're gonna pay this back to. And it Pomeroy an island taxpayer I am mad as hell I know and you know -- 603 texting and things up and I'm wearing my Red Sox Curt Schilling. I guess they get out what we love him as a baseball player -- do but not as a businessman you. He looks and -- he did and as for you from him so he said he donated these vital in they'll take it. Do you think -- I mean seriously you -- what what's appealing in the town of it. If this guy really column. Exactly he does in just in terms of being a a good citizen exam he -- all that and more anti but evidently he's not such a hot this has been or maybe he does make it maybe just we somebody for an -- maybe a good businessman because it up and insulate them. We'll see and it was interesting is they did sell about 400000 of their games previously and then this game. Isn't even ready to go enabled through 75 million bucks.
