wasder, don’t let Snappy hear that “rat taco” talk! Strangely, as I approach my mid-40s milestone, I seem to be having the exact opposite reaction. Can you say mid-life crisis? At this point, I’m ready to trade my SUV in for a Porsche.
Thanks CGar and M4L. I miss you guys. Could have come for the O’Douls and rat taco but just decided to wait until I was my full rocking self to hit the PLUSA-fest. Going through a little self imposed “remember you are in your mid 40’s” dry out period.
Agreed. From what I’ve read, part of Lewis’ motivation was personal: he and his firm had always been considered “minor league” and he saw this deal as his opportunity to move up in the world. Thain read him like a book.
All of which goes to prove the wisdom of advice I once heard on a TV discussion show: “You are most vulnerable when you really want something badly”.
I might be wrong, but after BOA made its initial bid (29% premium, as you say), the due diligence team realized that they made a mistake, and wanted to invoke a clause that would allow them to back out, That’s when Lewis got the phone calls.
So I agree with you that their initial bid was idiotic, but at least they wanted to back out.
Do it, CarGar! Sounds more like delayed adolescence than mid-life crisis.
wasder, don’t let Snappy hear that “rat taco” talk! Strangely, as I approach my mid-40s milestone, I seem to be having the exact opposite reaction. Can you say mid-life crisis? At this point, I’m ready to trade my SUV in for a Porsche.
Thanks CGar and M4L. I miss you guys. Could have come for the O’Douls and rat taco but just decided to wait until I was my full rocking self to hit the PLUSA-fest. Going through a little self imposed “remember you are in your mid 40’s” dry out period.
M4L;
Agreed. From what I’ve read, part of Lewis’ motivation was personal: he and his firm had always been considered “minor league” and he saw this deal as his opportunity to move up in the world. Thain read him like a book.
All of which goes to prove the wisdom of advice I once heard on a TV discussion show: “You are most vulnerable when you really want something badly”.
Benson,
let’s put it this way, you & I would love to play cards with Ken – I like our odds against that fool
wasder, we were wondering what happened to you (and CG_ups for that matter). Hopefully we’ll see you next time!
Wasder, make sure to show up on next gathering. You can get ride home with me. Delepp, offer good to you – no surprise.
M4L;
I might be wrong, but after BOA made its initial bid (29% premium, as you say), the due diligence team realized that they made a mistake, and wanted to invoke a clause that would allow them to back out, That’s when Lewis got the phone calls.
So I agree with you that their initial bid was idiotic, but at least they wanted to back out.
Sounds like you guys had fun last night. In my current sober state I decided to sit it out. Will be back in action soon though….Glad you all had fun.