Interesting Articles...

[Myccrabbi]

I also did (loved the last line ). I still think there should be a separate thread for Funny Articles....

Oh, that's what you meant

[whYME]

There should be a thread just for satirical articles...

um, like this one? http://forums.dansdeals.com/index.php?topic=3831.0

[TimT]

http://cnsnews.com/mrctv-blog/dan-joseph/video-college-students-sign-petition-support-isis

[thaber]

http://www.vosizneias.com/179028/2014/09/16/new-york-united-airlines-offers-flight-attendants-100000-to-leave-the-company/

[Achas Veachas]

http://weburbanist.com/2014/09/16/nyc-skyway-from-brooklyn-to-manhattan-in-4-minutes-by-air/

[Yaalili]

http://www.jaunted.com/story/2014/9/16/185446/256/travel/10+Things+That+Look+Better+in+Yellow+and+Black+Than+Spirit+Airlines

[good sam]

http://www.nydailynews.com/news/national/kentucky-write-in-senate-campaign-slogan-jews-lose-article-1.1945010

[ushdadude]

http://www.nydailynews.com/news/national/kentucky-write-in-senate-campaign-slogan-jews-lose-article-1.1945010

the news is doing exactly what he wants. he should be ignored, not broadcasted.

[henche]

the news is doing exactly what he wants. he should be ignored, not broadcasted.

+1

I'm particularly amused by the people I see posting it on facebook as if this is some shocking proof of anti-semitism. 

[henche]

http://www.komonews.com/news/local/OAK-HARBOR-MAN-ACCUSED-OF-PRETENDING-TO-BE-RETIRED-COP-275379731.html

Is it illegal to impersonate a retired police officer?

ETA: the statute http://app.leg.wa.gov/RCW/default.aspx?cite=9A.60.045

[Ergel]

Nebach
http://www.jta.org/2014/09/11/news-opinion/united-states/is-yeshivah-of-flatbush-predatory-in-its-scrutiny-of-girls-attire-1

[Dan]

http://www.bloombergview.com/articles/2014-09-22/alibaba-could-buy-yahoo-for-free

[henche]

http://www.bloombergview.com/articles/2014-09-22/alibaba-could-buy-yahoo-for-free

So that trade gets Yahoo shareholders out of their stock at a premium. A smallish premium but still. On the other hand, for Alibaba, it costs precisely nothing. I mean, Alibaba has to put up 384 million shares of stock and $7 billion in cash. But Yahoo actually has 384 million Alibaba shares and $7 billion in net cash. So once Alibaba owns Yahoo, it'll get those things right back. So it costs nothing.

That doesn't make any sense.

He thinks the Alibaba stock would go to Yahoo in exchange for Yahoo stock.  Of course it wouldn't, since Yahoo doesn't own Yahoo shares--Yahoo shareholders do. So after the trade, Alibaba owns Yahoo stock, and Old Yahoo Shareholders own Alibaba stock. Which means Alibaba has more shareholders than before, and each shareholder owns less.

He's an idiot.

[Ergel]

That doesn't make any sense.

He thinks the Alibaba stock would go to Yahoo in exchange for Yahoo stock.  Of course it wouldn't, since Yahoo doesn't own Yahoo shares--Yahoo shareholders do. So after the trade, Alibaba owns Yahoo stock, and Old Yahoo Shareholders own Alibaba stock. Which means Alibaba has more shareholders than before, and each shareholder owns less.

He's an idiot.

You're missing the point that yahoo already is a shareholder in alibaba which they would acquire canceling out the extra shares issued to yahoo shareholders

[Ergel]

The article is stupid for another reason, that alibaba has no interest in Yahoo

[Ergel]

What is interesting if that yahoo has assets which are well over it's share value ($7 billion in cash, $8 billion in Yahoo Japan and the alibaba stock)

[henche]

You're missing the point that yahoo already is a shareholder in alibaba which they would acquire canceling out the extra shares issued to yahoo shareholders

Is that his cheshbon?  I thought he was referring to the shares they would give Yahoo Shareholders. So maybe I'm the idiot.

In any event, it is rather impossible that the Yahoo assets have zero value. If this disproves the efficient markets hypothesis--it won't be the first time.

[Dan]

What is interesting if that yahoo has assets which are well over it's share value ($7 billion in cash, $8 billion in Yahoo Japan and the alibaba stock)

That's his point.  Crazy situation.

[Achas Veachas]

http://www.breitbart.com/InstaBlog/2014/09/23/Yes-I-Talked-About-the-Rebbe-with-Sarah-Palin/

[PlatinumGuy]

That's his point.  Crazy situation.

His main chiddush is that Yahoo's Alibaba stake is worth full sticker price since Alibaba can acquire it without incurring the tax liability. He's wrong because if Alibaba issues 384m new shares, they will dilute the current share basis since they won't be tied up.

Basically, Alibaba has an outstanding liability of 384m stock options at 15 cents on the dollar (the fact that the 15 cents aren't going to Ailbaba is only marginally relevant). He's claiming that 384m standard shares would have the same effect.