a CEO on Obama

I lived in Vegas most of my life.

Steve Wynn helped revive both the downtown(Freemont) and Strip area's.

Basically Las Vegas.

Skippy 

Jimi - did you not read the entire post.  He stated he was a dem.

“…they are frightened of this administration.”

“…are going to sit in fear of the President.”

“it's Obama that's responsible for this fear in America.”

“Everybody's afraid of the government…”

“the business community in this company is frightened to death…”

Ooooh, he's so ... frightened!  You can just smell the ...FEAR... aghhhhh!

Sounds like he missed his afternoon medication.  He probably needs to change his pants, too.

Make fun of him all you want but he and people like him aren't going to invest money in this enecony with this president at the helm.

Oh and another thing also Steve Wynn isn't borrowing 40 cents on every dollar he spends.

***U????????????????  Really Ronnie P??????????????????  You are using Steve Winn as a barometer for "thug" philosophy now???????????  Well that WOULD be appropriate!

JEEZ you idiot, I guess you need another "high roller" now that "THE DONALD" isn't a THUG candidate.

Do you REALIZE what a joke you teabaggers really ARE??????????????????

You're right.  It's a good deal more than that. In 2009:

Meanwhile, Wynn carries a debt load of $4 billion and a meager free cash flow of $456 million. Las Vegas Sands is saddled with $11 billion in debt and $242 million in free cash flow. Forward P/E figures weren't available for MGM, but it has $12 billion in debt and $885 million in free cash flow.

Beyond fundamentals and the macro-environment, there's another reason to be wary of investing in these casino stocks: poor governance. Maybe it's not surprising in a town where the high-rollers get the red carpet treatment, but the ultimate red carpet treatment is saved for the executives who run these casinos. Perks abound, rubber-stamped by crony boards. If shareholders don't like it, buy an electrical utility. This is Vegas, baby!

Casino honchos have received some of the sweetheart deals and perks in past years -- all paid for by shareholders. They include:

• Personal use of aircraft. Steve Wynn racked up over $1 million in personal trips last year and both Wynn and Las Vegas Sands lease their aircraft fleet from companies controlled by Wynn and his counter-part Sheldon Adelson.
• Leasing Steve Wynn's personal artwork collection and then picking up the tab for the insurance.
• Valuing a coffee bar within a hotel as worth $3.1 million and then buying Adelson's 50% stake from it.
• Setting up jobs for wives, step-daughters, nieces and nephews with total annual compensation worth as much as $4 million.
• Paying $3 million for security costs related to protecting Adelson and his family (although Adelson chipped in $800,000 to the total bill).
• Help in buying stock near the all-time lows, such as when Adelson's wife bought preferred stock and warrants last November which has since led to paper gains of over $1 billion. Las Vegas Sands' shareholders paid the $500,000 in legal fees she incurred in making this purchase.
• Covering rent and amenities at the Wynn's personal residence for $580,000. Interestingly, a recent third-party analysis of this residence determined that the rent would not be reduced for the coming year, despite "the significant deterioration in the rental market in Las Vegas."
• Personal construction of Las Vegas Sands's SVP Robert Goldstein's house in the amount of $364,000.
• 
  

  Wynn could be headed for trouble. Its CEO is distracted by personal trips on the corporate jet to the tune of $1 million and a messy divorce. Its COO is also now 61 and presumably starting to think about golfing full-time. It's time to start cashing out.

   

  These firms are minding their own interests -- it's time for shareholders to start minding theirs.

   

  http://breakoutperformance.blo...nns-big-cashout.html

   

  Milking that cow for all she's worth, ain't he? 

Rocky if I'm wrong, if he's wrong, If we are both idiots WHERE ARE THE JOBS? 

Makes sense to me.  I've definitely altered my spending habits and investment strategies since Obama took office.  There is no confidence in Washington since Obama took office, it's no wonder people are being tight fisted with their money during this time of crisis.

 Ronnie and Hooperbloob,

 Exactly what policy has Obama pushed that is different from Bush?

 Obama hired the same Goldman-Sachs ripoff artists to run the treasury.

 Obama kept the same Goldman-Sachs rip off artist to run the Fed.

 Obama kep the same Goldman Sachs rip off artists to run the bond buying programs of the U.S.

 Obama brought in the same Goldman-Sachs ripoff artists to run the Bailout, started by Bush.

 Obama has extended the Bush policy of tax cuts for the rich.

 Obama has continued the free trade policy of Bush with China.

 Obama has continued the free trade policy of Bush with Mexico.

 Obama has continued the Bush policy of spending like a drunken sailor. (With apoligies to all the drunken sailors out there.)

 Obama is the best friend Wall Street has since Bush. Obama has exempted all the BIG businesses from the regulations he has imposed on everyone else. In the true spirit of Bush.

 You republicans SHOULD LOVE THIS GUY.

It's Obamacare, his potential job killing energy plans, taxes, and he rest of the uncertainty Obama creates.

Ohh.

 And Obama has continued the Bush policies of continual wars.

 We are still in Afganistan.

 we are conducting MORE drone attacks in Packistan thaN UNDER Bush.

 We are still in Iraq.

 Wer are now expanding the unconstitutional wars to Libya.

 If you are a Rupublican, What's not to love?

 Let me see Ronnie,

 It was Bush who expanded health care in America thru Medicaid and Medicare to cover all the lower economic citizens, as well as all the seniors. This left only a small group of people in the middle not covered by government run healthcare.

 So what's ther problem with expanding the Bush program?

Clinton, Carter and Johnson have been the job creators.  Why policies of theirs were so successful?

RomneyCare should replace ObamaCare.  Afterall, OBama stole most of the ideas from Romney and the Repubs. 

Conservatives’ biggest knock against presidential candidate Mitt Romney is that he implemented an individual health insurance mandate in Massachusetts. But if you look at the Republican leaders who have supported the idea over the years, you wonder who is fooling whom.

In the early 1970s, President Richard Nixon favored such a mandate. In the 1990s, Senate Majority Leader Bob Dole and House Speaker Newt Gingrich supported a mandate.

The Heritage Foundation, one of the top conservative think tanks, embraced a mandate.

“Yes, in the early 1990s, we, along with other prominent conservative economists, supported the idea of such a mandate,” Robert Moffit, a Heritage scholar, wrote in an Op-Ed in The Washington Post.

“It seemed the only way to solve the ‘free-rider’ problem in which individuals can, under federal law, walk into any hospital emergency room nationwide and rack up big bills at taxpayer expense,” Moffit added.

Read more on Newsmax.com: GOP Leaders Backed a Healthcare Mandate
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

ditto,

 Don't corn-fuse Ronnie with the truth. He just might go jump off a building or something.

Carter was a pitiful ONE-TERM PRESIDENT.

I see no difference in the current DISASTER.

I suffered thru Carter and now Obama. Did U?

Skippy

P.S. Roosevelt also sucked as a President.

Socialism at it's finest.

And he's also have stated in the past that he's a "Republican Democrat"

And he didn't vote for Obama in 2008

And he also gave Trent Lott rides to fund raisers on his private jet in the 90s.

And while he's given money to Democrats in the past he's consistently given more to Republicans, along with consistently backed the Republican view over the past 20 years.

The only part of him that's Democrat is his wife.

The main point, which I'm sure you didn't get was that of course he's going to make a statement like that because most Republicans aren't going to really check into his background to confirm what he said because it agrees with their point of view.   It's not a point of someone seeing the light, it's someone being consistent with their views of the past.

Certainly. Just like all the expose's we've seen about The One®, Obama.... Oh wait...