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Revenge quiting anyone ?

Stop the BS like Vz did great for me , so sad to leave , bla bla sh-t ..... Vz doesnt care about you and most of your boss or old colleagues will turn their back on you even if you helped them make thousands of dollars.

be smart, leave a mess behind you.
erase all of those process maps , spreadsheets or business cases, and great ideas to mitigate risk or cost.

Put a PW on most critical files too.

to the commercial teams what about manually changing the cost base to show a great 40% CM while it's actually negative. ? You might be helping VZ in fact .....


Why Oracle taking massive loans building Ai infrastructure for Open Ai? is Open Ai making massive profits to pay off?

They haven't found a way to profit off of AI yet, given the costs. And it's a massive risk.
Remember blockchain, NFTs, and the Metaverse / VR? All giant fails.
Now, LLMs have obviously more practical / actual use cases. But they have plenty of flaws and it's not guaranteed those can all be addressed and it can be converted into a profitable, effective product.


Imperial’s Board of Directors Asleep at the Wheel Once Again

What a joke of a management committee, board of directors and the government for letting a US company bring IOL (100 year old company) to the s**.

What happened to corporate separateness? Now TG and DW have plans to exploit Canadian molecules, hose the minority interest investors (upwards of $500M of value based on rough estimates) and set up a wholly owned shell Trading shop in Canada in 2026.

Again, is the IOL board of directors asleep? Critical jobs are being migrated south to Houston at a higher cost and at the same time decimating fundamental knowledge that’s required for any stand alone O&G company which is a huge risk. How about the provincial and federal governments? Canadian taxable income is about to be stripped for the US to benefit. At this rate, all weak leadership contributing to this mess should be managed out of India in the “Global Hub”based on the lack of long term value they bring to the company and how far they are from the real Canadian business.

@ the government and BoD - wake up and block this immoral trade shop from starting up and exploiting Canadian molecules at the expense of the independent shareholders. Audit the s*** out of any proposals being presented including risk to long term value to the company. The move of Calgary head office to Strathcona Refinery and lack of diligence assessing the econs and long term risk to the company due to losing its top talent was already a disgrace.


Cosplaying Solvent

The company is piling new debt on top of old debt again borrowing money to refinance what it is already refinanced block of debt.

Pull a block. Add a block. Raul smiling like all good. Until the market sneezes at the shaky debt tower. or it collapses under ongoing client exodus resulting in cashflow shortfall.


Tighten the Lug Nuts

"The decision to step away from a stock in the middle of a transformational transaction can be as revealing as a new stake. Frontier is deep into its pending acquisition by Verizon, a deal that was announced more than a year ago and aims to accelerate fiber rollout and reshape the company’s competitive position. Yet even with record operational momentum—including 25% year-over-year consumer fiber broadband revenue growth and 133,000 quarterly fiber net adds—the uncertainty surrounding regulatory approval, capital intensity, and integration risk may be prompting some managers to de-risk exposure."

https://finance.yahoo.com/news/investor-exits-3-4-million-172230032.html


Perplexity Answers Which Dept are at risk?

The departments and roles most at risk in Verizon’s current layoff wave are those in non-hub locations, remote-only roles, legacy functions, and middle management, with a particular emphasis on areas not directly tied to core business transformation or strategic platforms.[reuters +3]
High-Risk Departments and Roles
• Remote/Non-Hub Employees: Workers based outside core and business hub locations or those exclusively remote are the primary targets.[remio +2]
• Middle Management: Over 20% of management roles, especially those with duplicative functions or not clearly aligned with growth priorities, are flagged for reduction.[finalroundai +1]
• Legacy and Support Functions: Departments relying on old technologies, process-heavy support teams, and administrative roles—especially those made redundant by automation or digital platforms—face higher risk.[remio]
• IT Support and Operations: Routine IT, helpdesk, and non-strategic operations, particularly those not driving cost savings or transformation, are being streamlined.[remio]
• Finance, HR, and Shared Services: These centralized functions face consolidation, with job loss risk greatest for those outside highly specialized, strategic, or compliance-driven roles.[fortune +1]
• Sales in Declining Markets: Sales teams in underperforming or shrinking segments are seeing targeted reductions, especially if their territory overlaps with others or shows declining ROI.[deccanchronicle]
Safer (But Not Immune) Roles
• Employees in critical, revenue-driving, or transformation-aligned teams—especially in core hubs—are less likely to be cut, but all business areas are under some level of scrutiny this cycle.[reuters +1]
In summary, remote workers, non-hub office staff, duplicative middle managers, and those in legacy support areas face the highest layoff risk at Verizon during this restructuring.


Nike be warned!!! don't get too close with amazon

dealing with amazon might be sweet in the beginning but it will ki-l you down the line.

Yes, amazon will deliver few billion dollars of sales immediately but keeping them close will ki-l you down the line by cutting independence, originality, fresh new views, objectivity!!
Look at Toys are us, book publishers and latest victim is turns out is UPS. This is short list that comes to my head

Nike be free and independent !!!


Analytics

Is anyone else experiencing massive data and reporting issues for their LOB? An example would be incorrect regulatory reporting sent externally. It feels like the shift higher up to push for automation and restructure is placing health plans at compliance risk. Are we just going all in here despite legal, regulatory, and future RFP risk? This seems obvious as I'm typing, but more curious if others are seeing this.


Should I not leave my current job if I’m offered a position with Cigna?

Since I’m seeing people worried about layoffs, should I decline if a position is offered to me? I had an interview that went well but I don’t want to end up getting sc--wed over by leaving my current company if I am offered a job with Cigna and end up being laid off a few months down the road


Let’s Talk About Risk, Bonuses, and the New Limited Partnership Offer

I want to start this conversation because something isn’t adding up in the way our company talks about risk and reward.

We’ve all heard the narrative:
“Partners take on the financial risk, while employees share in the success.”

But when you look at how our compensation and margins actually work, the picture appears to be very different.

How the Current Model Really Works
Here’s what the numbers show:
• 11-12% profit margin is built into the financial model for LP and GP payments every year. Approximately 72% of that margin goes to the GPs. See page 30 and 50 of the publicly available 10-K.

•   After covering that 12%, whatever’s left goes to the employee variable compensation pool (bonuses,and profit sharing). We have all heard during bonus time that employee bonus can not be make the profit margin fall below a certain percentage depending on the bonus level.

In formula term
Revenue - Expenses - Bonus Pool = 0.12 Profit Margin
So the bonus pool is 0.88(Revenue - Expenses)

That means when expenses increase, bonuses automatically go down, because the partners’ 12% margin stays fixed.

Let’s put that into perspective:
Scenario Revenue Expenses Partners (12%) Employee Bonus
Normal year $10M $7M $1.2M $1.8M
Expenses increase $10M $7.5M $1.2M $1.3M

Even though revenue doesn’t change, employee bonuses fall by $500K while partners’ returns stay identical.

So the idea that partners are “bearing the risk” of expense increases doesn’t appear to be accurate mathematically. Employees appear to be bearing the brunt of increased expenses with lower bonuses. Unless my math is wrong, which maybe it is, but there have been lots of discussions about decreased bonuses with record profits over the years.

Now About the New Limited Partnership Offer
At first glance, it sounds like a great opportunity.

But here’s what’s changed under the surface:
Before: Limited partnership returns were guaranteed.
Now: There’s no guaranteed return, just “potential for higher earnings.”

That means the company is shifting more financial risk from the partners to employees. If GP payouts are guaranteed first, then the LPs again are taking on the risk of increased spending by the GPs.

What We Should Be Asking
Before signing or investing, ask these questions in writing:

1.  Priority of payments:
        Who gets paid first — partners or limited partners — and in what order?
2.  12% margin protection:
        Are we maintaining 12% margin protection and do GPs still get 72% of that margin? What percent will go to LPS?
3.  Profit calculation transparency:
        How exactly is “profit” defined for distribution purposes? Are partner salaries, perks, or expenses deducted first?
4.  Historical context:
        What would limited partner returns have been under this new structure for the past five years?
5.  Liquidity and exit:
        If an employee leaves or wants to sell their stake, how is the value determined? Is there a buyback obligation, and at what price?
6.  Governance:
        Do limited partners have any say in how profits are allocated or reported?

The offer sounds good but without a guaranteed return, you’re taking on real investment risk. At the same time, if the partner allocation remains fixed, then the risk is being shifted more to LPs.

This doesn’t mean we shouldn’t participate, there are still many unknowns about the new offering. It does mean you should go in with eyes wide open. Transparency and informed consent are what fairness look like. If the company truly wants shared success, the financial model should reflect shared risk not just shared language. I hope I am wrong and this is a good thing because given what we have all been through this year we need a silver lining. The culture has shifted drastically and a lot of trust has been lost. Let’s make sure we are asking the right questions to ensure GPs aren’t raking in cash and spending like drunken sailor, while we get the crumbs.


Is there risk?

One of the questions asked was: is there risk of bankruptcy, assuming this spouted from someone who heard one of the many 3rd party analyst saying there is a high risk of such an event.

The answer from SB was: Absolutely not, as long as we execute.

A great follow up would have been; Is there risk of not executing going forward? Looking back we’ve had 12 quarters of not executing, what changed?


Will Goodwill turn to negative equity in Q4

https://investors.xerox.com/news-releases/news-release-details/xerox-releases-third-quarter-results-1

It's a question, not a statement.

We know they skipped the Goodwill testing and put it off until Q4. We also know they are required to do it once a year, and they absolutely have to in Q4.

If I'm reading this thing right, the Goodwill far exceeds the Total Equity. I know a lot of the one time losses will be gone on the Q4 call, but still, the EV could go to 0 or negative.


How’s Murphy Onshore and Offshore Integrity?

Hearing that both offshore and onshore have recently had process and controls integrity issues. On the onshore Eagleford shale appears galvanic corrosion and poorly designed kit is resulting in production deferment and significant retrofit costs.

Does chinook/cascade have operational challenges? How long will these assets be profitable?


Could the Goodwill Impairment Charge rech $2BN?

The current total XRX Goodwill is only $1.91 BN, but.... Lexmark has goodwill as well. With a total market cap of less than 1/3 of the Goodwill, you have to wonder if they have ANY Goodwill value left. They wrote down 1BN a yer ago when the stock was at $9, now it's $3. I was thinking before the Q3 loss would be 1BN, but now I'm thinking closer to $2 BN.


Hackers went for the Jackpot

Not sure what defines highly sophisticated hacker or not but clearly they went for the Jackpot Bingo. Application Delivery Controller or ADC is a single point of exposure of all traffic that goes through F5 that would be a magnet for hackers. It breaks all norms of security by concentrating in the same venue all the secret keys for every service that is on-boarded to the ADC. It is a matter of time until someone gets its hands on it. Otherwise no hacker would bother to go to break F5 if the traffic that goes through it is end to end encrypted. It was unwise and d-mb idea from the begining and only to support security of lax architecture in the back end. Now those all that were calling that is the only secure way to go about it are reaping their fruits. It was not at all driven from security point of view but more about sales, project check mark and also about sniffing transfers in the internal network for data loss prevention or DLP. Well those who pushed it all are not anymore around to be asked about it. Next all the secret vaults and smillar things.

https://forums.theregister.com/forum/all/2025/10/15/highly_sophisticated_government_hackers_breached/


Risk

Want to mitigate the risk of corruption and fraud to the firm? Hire someone who participated in it as your head of enterprise risk.

https://www.foxnews.com/politics/nebraska-economic-development-director-resigns-covid-grant-concerns


Get out before it’s too late.

With everything that is happening and on the horizon everyone should get out before it’s too late. Gainwell has some serious trouble coming up. Massive debt coming due that they don’t have the funds to pay, looming whistleblower activity, and their lack of ability to manage their finances. They are in serious trouble. Staying employed there is a sure recipe to be out on the street with no job.

Past time to walk away.


Not good, not good at all

Investment bank Jefferies disclosed on Wednesday that its Leucadia Asset Management fund holds about $715 million in receivables linked to bankrupt auto-parts maker First Brands Group.

https://www.reuters.com/business/finance/jefferies-discloses-715-million-fund-exposure-first-brands-bankruptcy-2025-10-08/