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  1. #1
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    Principal A Class Act

    I'd figure I'd post the link since so many on this board enjoy trashing PFG. Sorry to dissapoint you.

    Principal Financial Is a Class Act - Barrons.com



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    Re: Principal A Class Act

    People who post stories that I need to subscribe for to continue reading should get an automatic kick to the stones.


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  3. #3
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    Re: Principal A Class Act

    Quote Originally Posted by mplscyclone View Post
    I'd figure I'd post the link since so many on this board enjoy trashing PFG. Sorry to dissapoint you.

    Principal Financial Is a Class Act - Barrons.com

    If by class act you mean laying off tons of works and diluting shares then ok, you are correct.



  4. #4
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    Re: Principal A Class Act

    Quote Originally Posted by cloneluke80 View Post
    If by class act you mean laying off tons of works and diluting shares then ok, you are correct.
    It would be much better if they went out of business! Damn free enterprise, how dare they do whatever it takes to survive.


    As far as depth goes though, the combination of White, Woodbury, Olaseni, Basabe, and Uthoff is much better than Niang, Ejim, Edozie, Gibson. Not because of the top 2, but because of the next 2 or 3. -DeanVogs

  5. #5
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    Re: Principal A Class Act

    Quote Originally Posted by cloneluke80 View Post
    If by class act you mean laying off tons of works and diluting shares then ok, you are correct.

    Oh and if you measure class by what wall street says then you have major issues. They caused this crap to begin with.

    Also PFG took TARP so in my opinion they are garbage.



  6. #6
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    Re: Principal A Class Act

    I love free enterprise and if we truly followed it, then yes they may have fallen with the rest of them.



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    Re: Principal A Class Act

    Quote Originally Posted by cloneluke80 View Post
    I love free enterprise and if we truly followed it, then yes they may have fallen with the rest of them.
    Should they have kept those employees?


    As far as depth goes though, the combination of White, Woodbury, Olaseni, Basabe, and Uthoff is much better than Niang, Ejim, Edozie, Gibson. Not because of the top 2, but because of the next 2 or 3. -DeanVogs

  8. #8
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    Re: Principal A Class Act

    Quote Originally Posted by cloneluke80 View Post
    Oh and if you measure class by what wall street says then you have major issues. They caused this crap to begin with.

    Also PFG took TARP so in my opinion they are garbage.

    Really? When was this? They applied, were approved just recently, but haven't taken one dime yet and don't know if they will. Do you have inside info? Or are you just spouting off all uninformed?


    Last edited by keepngoal; 05-18-2009 at 02:34 PM.
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  9. #9
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    Re: Principal A Class Act

    cloneluke80, go back to your mother's basement until you have facts to support your conclusions. PFG has not accepted any TARP funds



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    Re: Principal A Class Act

    I assumed if they applied they will take the funds?



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    Re: Principal A Class Act

    Since I'm not a subscriber, I cant read much of this article but they have a target stock price of $20 a share ?

    Correct me if I'm wrong, but hasn't the stock been as high as $24 a share in the past 2 weeks ?



  12. #12
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    Re: Principal A Class Act

    Quote Originally Posted by cloneluke80 View Post
    I assumed if they applied they will take the funds?
    They have a period of time after they're approved to decide whether or not to take the funds.



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    Re: Principal A Class Act

    Take TARP / Issue more stock - it's all the same either taxpayers interest free loan or shareholder stock dilution..

    end result = little guy pays



  14. #14
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    Re: Principal A Class Act

    Quote Originally Posted by cloneluke80 View Post
    Take TARP / Issue more stock - it's all the same either taxpayers interest free loan or shareholder stock dilution..

    end result = little guy pays
    How is TARP an interest free loan?



  15. #15
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    Re: Principal A Class Act

    Quote Originally Posted by mplscyclone View Post
    I'd figure I'd post the link since so many on this board enjoy trashing PFG. Sorry to dissapoint you.

    Principal Financial Is a Class Act - Barrons.com
    Very, very few people on this board "trash" Principal. At most people are just confused at the continual piecemeal layoffs.

    Some people are a little hypersensitive about this. Nobody is above criticism.




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