Results 1 to 11 of 11
  1.    #1  
    While U2's frontman is celebrated for his charitable work in Africa and bipartisan approach to political issues, the Irish singer is actually "the worst investor in America" according to the online publication, 24/7 Wall Street..

    Bono is one of five members of Elevation Partners' investment team, which 24/7 Wall Street claims has made "an unprecedented string of disastrous investments which even bad luck could not explain.".

    The U2 singer's firm has invested huge amounts of money into Palm smartphones, Forbes magazine, and Move.com, all of which are currently struggling. Elevation's largest investment is also its most disastrous: Bono's firm put $460 million into Palm, the company that unsuccessfully tried to carve a piece of the smartphone market away from Apple, RIM, and other more popular mobile handset-makers. Last September, Palm's shares sold for $18, but when the company released its most recent earnings figures, shares plummeted to $3.65.
  2. leroove's Avatar
    Posts
    122 Posts
    Global Posts
    123 Global Posts
    #2  
    Seems like people on this forum LOVE to hate on Palm.
  3.    #3  
    I'm tanking him for helping to keep it alive. Sorry the article was "Bono And Prince's Financial Woes Revealed" Posted Thu Mar 25, 2010 12:08pm PDT by Joe Lynch in Stop The Presses!
  4. #4  
    Okay.
  5. #5  
    Quote Originally Posted by leroove View Post
    Seems like people on this forum LOVE to hate on Palm.
    Some people on this forum LOVE to think that people LOVE to hate on Palm.

    All this picking sides stuff is silly. This is a site meant purely for Palm users so were all Palm fans which is why we went through the process of registering and reading Palm related posts. Thinking there are Android trolls or people wishing Palm would die is purely paranoia. Palm is such a small blip on the radar that being a "Palm Hater" is pointless.
  6. leroove's Avatar
    Posts
    122 Posts
    Global Posts
    123 Global Posts
    #6  
    coconuts
  7. #7  
    When quoting a story, you need to provide a link. I've already read this story and the story this one was based on, but it's still common practice.
  8. #8  
    Also, there's three or four threads on this already. Was there really a point to starting yet another that says the same thing?

    Coconuts are cool, but I prefer bananas. Much easier to peel.
  9. #9  
    a human can survive on one coconut a day.
  10. #10  
    he still flies a Gulfstream!
  11. #11  
    Quote Originally Posted by Steve29510 View Post
    While U2's frontman is celebrated for his charitable work in Africa and bipartisan approach to political issues, the Irish singer is actually "the worst investor in America" according to the online publication, 24/7 Wall Street..

    Bono is one of five members of Elevation Partners' investment team, which 24/7 Wall Street claims has made "an unprecedented string of disastrous investments which even bad luck could not explain.".

    The U2 singer's firm has invested huge amounts of money into Palm smartphones, Forbes magazine, and Move.com, all of which are currently struggling. Elevation's largest investment is also its most disastrous: Bono's firm put $460 million into Palm, the company that unsuccessfully tried to carve a piece of the smartphone market away from Apple, RIM, and other more popular mobile handset-makers. Last September, Palm's shares sold for $18, but when the company released its most recent earnings figures, shares plummeted to $3.65.
    If you had checked the forums you would have already known that this was mentioned yesterday.

    Here is the link:

    http://forums.precentral.net/palm-ge...alm-blame.html

Posting Permissions