Your Almost Daily Bit of Wall Street Wit & Wisdom

Hertz

h/t AP Photo/Ted Shaffrey, File)

“Insane: Hertz is trying to sell $1 billion of soon-to-be-worthless new stock to the idiots who keep pushing up the price of its soon-to-be-worthless old stock to help pay for some of its bankruptcy.”
— Matt O’Brien, @ObsoleteDogma

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