Pink Floyd and Queen to Leave EMI as Guy Hands’ Buyout ‘Implodes’

Stacy Summary:  Oh dear.  We warned of this so long ago, I can’t believe Pink Floyd and Queen were still with EMI.  I also can’t believe Queen is still a band?

Video of our EMI prediction (from 5 minutes in . . . )

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45 Responses to Pink Floyd and Queen to Leave EMI as Guy Hands’ Buyout ‘Implodes’

  1. Tsar Caustic

    Every time you mention this story I think of “The Magic Christian” and Sir Guy Grand and Ringo….

  2. Zorba the SuperGreeK

    @Y’All
    On The ONE!!!

  3. Zorba the SuperGreeK

    @Y’All
    that was so close we should share!!!

  4. Tsar Caustic

    @SG — any prize money that comes my way: I commit to giving you a percentage

  5. California Doctor

    EMI is owned by Citigroup.

    Oh yes.

    Not only does Citi blow up California and Hawaii muni-bonds, but now they screw up the musical soundtrack of the generations through EMI

    “EMI Is going to be a chunk of nothing.”

    Guy Hands = Guy Fawlkes

    “Buying after the accident”

    LOL

  6. California Doctor

    http://www.youtube.com/watch?v=CBg_ZZHuc6E

    Queen at Wembley – ANOTHER ONE BITES THE DUST

    THEME SONG FOR CITI

  7. the underfundedmentalist
  8. Max,

    I started following you after Matt Taibbi mentioned about you in his blog (called you someone who hated GS more than him). Love you show. Your information on how the world works is awesome. Stacy Herbert is the calming influence on your show.

    I am an expat Indian living in the US. I have to correct you on your explantion of Sonia Gandhi. She is not related to Mahatma Gandhi. She is an Italian Nanny. She married Rajiv Gandhi. Rajiv Gandhi was the son of Indira Gandhi. Indira Gandhi was the daughter of Jawarlal Nehru (first PM of India). Indira Nehru fell in love with a muslim man and wanted to marry him. India is a predominant Hindu nation and muslims were seen as invading thugs. Nehru did not want the country to know that his daughter was going to marry a muslim. That would have doomed their dynasty. His name was Feroze Khan. Mahatma Gandhi adopts Feroze Khan and gives him the Gandhi last name. Farsis (Parsis) who are another pagan religion who follow Zoraster are seen in good light in India. The whole Indian population is convinced that Indira Nehru married a Farsi.

    Nehru ruled India for 2 decades. On his death, stupid Indians elected his daughter who ruled for a couple more. On her death, the morons in India elected her son Rajiv Gandhi. They have 1 billion people and they keep electing someone from the same family.

    Rajiv Gandhi was attending Cambridge in the 60s. At the same time, an Italian nanny was in Cambridge learning English. They met and fell in love. The stupid Indian population now is told that this nanny was attending Cambridge. They swallow that garbage. Stupid Indian fools elect this uneducated nanny to be their leader, after the death of her husband.

    Mahatma Gandhi’s family never saw power or wealth. Gandhi is a Hindu name. Sonia Miano is an Italian Catholic. They have no relation. Gandhi was smart and their whole family worked hard. Nehru was born to wealth and his family (bunch of losers) have been rewarded more by the stupid masses in India. Indira never completed college, Rajiv dropped out of Cambridge. Sonia is a nanny. Sonia’s son Rahul Gandhi (who is being groomed to be the next PM) dropped out of Harvard. He completed just one semester and quit.

    Anyway, the rest of your commentary is awesome. If you want to get a guest from India, you should see if you can get Dr. Vandana Shiva. She is fighting Monsanto in India. She is a eco feminist fighting the globalists. She would be the Indian version of Catherine Fitts.

    Thanks and kind regards,
    Vasu

  9. Max and Stacy… is that a Bulls Eye prediction or what, you could not get more spot on ….lol….I wonder if anyone from City or EMI would like to comment lol :-)

  10. Mike/Liverpool

    WHAT THE HELL HAPPENING TO GOLD?????
    Mike

  11. Marc Authier

    @Mike
    Short Gold and buy AIG.

  12. Max…it is not Madoff….it is made-off.

  13. Phil /Germany

    FoxNews: N. Korea Says It Is Ready to ‘Blow Up’ U.S.

    http://www.foxnews.com/story/0,2933,588342,00.html

    Seriously !
    ;-)

  14. Phil /Germany

    ZH: January State Unemployment Update: Unemployment Rate Increases In 30 States With California Back To Record

    http://www.zerohedge.com/article/january-state-unemployment-update-unemployment-rate-increases-30-states-california-back-reco

  15. Related:

    “A strong majority of MEPs (663 against and 13 in favour) today voted against the Anti-Counterfeiting Trade Agreement (ACTA), arguing that it flouts agreed EU laws on counterfeiting and piracy online.” yeey.

    http://www.euractiv.com/en/health/meps-defy-commission-internet-piracy-agreement-news-326215

  16. it looks like MODERNITY…just morphed into plain ole trivial MUNDANENESS——ity-ism-istic…..Lions, Tigers & Bears; oh, how I miss thee.

  17. @Mike

    Yahh! !

    Oh well, a good oportunity to buy!

    @ Stacey You can kill all the members of a band (OK only one is dead here) but you can’t kill a brand. And Mr May (named after his front cover and centre spread in Playboy magazine, May 1982) has made it in the world of the well to do, the queen and politicians etc as a furry, musical pet.

  18. looking at gold – did mikeliverpool poop his pants yet?

  19. Mike/Liverpool

    Hey Keiser
    Lets just remember who was at the Pistols gig in 76………..& got to share a coke with SID !!!!!!!!

    Mike

  20. the comedienne was hilarious , why do they have fluff on programmes ?
    actually that is what I am going to do , get paid for being the fluffer on financial programmes that seem ever more prevalent , I will make a fortune,
    so it would go something like this

    Welcome to the Oracle

    Max : Goldman Sachs suck , they are financial terrorists

    Stacey: Max stop looking at my feet

    Steve Keen: ok i lost he bet but I was right

    Mike Shedlock-: burn all the unions, you public sector low paid workers are a drain on the USA

    Tyler Durden : short the Euro baby yeah

    Me: the fluffer- erm yeah ok show me the money

  21. @Max

    Did you read the wire? They declared the value of gold will be exclusivly determined by the chocolate you find inside..

    North Korea says it is ready to nuke the US..

  22. Dear Stacy,

    Your sentence, “I also can’t believe Queen is still a band?” is not a question, so no question mark should go there. We love your show, thank you so much.

    Best

  23. @Robin ap Richard – oh but it is; it could be a declarative statement, but as in french, if you state with shrug of shoulders, it becomes a question

  24. @mick/southport
    I thought you were still in nappies when the sex pistols played… and don’t start stuttering about you was with your am big brother again!!!

  25. Phil /Germany

    @Mother … North Korea

    They must be hungry again poor souls !

    ( BTW, I posted 10 minutes ago )

    Seriously though …
    we all laugh at NK, but don’t forget, China is behind them and it’s all about those shipping channels around Taiwan that are so import as a US supply route. i.e. NK could become an unsuspecting catalyst for war .

  26. Ooooooooooo Stacy ya lookin hot tear
    Hic ;-)
    Err emmm Maxy boy lookin smooth too
    PS Stacy had to add tat
    lolololololololol
    Hic ;-)

  27. Casper Studly

    @Vasu..

    Good stuff! Tenks, baby.

  28. CrossTalk on 9/11: Whodunit?
    http://www.youtube.com/watch?v=avtvrtTV1vw&feature=sub

    Body found in Mississippi River may be that of missing oil firm executive. Douglas Schantz, president of Houston-based Sequent Energy Management, went missing last week.
    http://www.ksla.com/Global/story.asp?S=12110051

    Warning over constitutional problem with Nama law
    “The legislation does not appear to contemplate that the fall in property prices might be a necessary correction following on from a domestic property bubble.”
    http://www.irishtimes.com/newspaper/finance/2010/0308/1224265793075.html

  29. But I gotta hand it 2 ya guys
    Yer really cute 2get her
    LOL
    Hic ;-)
    Well off ta poker

  30. @Bonn – think it’s past your bedtime . . .

  31. @Stacey,

    Well, Cara Mea, in my English or Latin classes, I am afraid that would have to dock you five points. In English, the rule and tradition is very strong on not using declarative statements with question marks. However, as you are so cute and smart otherwise, and you and Max have helped me greatly to understand the global financial trouble, I will let you off with a warning this time.

    The point about overall growth being 5% and extractions of 100%+ is a fantastic rule of thumb in spotting the pillagers, Merci to your French guest for that tip.

    Vale!

  32. Oops! I meant “Stacy”! Mercy! Merci! Ha!

  33. Dr. Vandana Shiva spoke at the Copenhagen Climate Summit. she is an incredible spokesperson an activists. amy goodman Democracy Now! had live coverage of her speeches as wel as person to person conversations. i hope people globally listen to her and revelations about the people and land killers that Monsanto vampire squid is. honestly they have more power and control over the earth with their global kleptocracy branding of seeds than GS could dream of.

    The Svalbard Global Seed Vault. The facility was established to preserve a wide variety of plant seeds from locations worldwide in an underground cavern. The seed vault holds duplicate samples, or “spare” copies, of seeds held in genebanks worldwide.

    thank god for some humans taking caution.

  34. God I miss this show…

  35. Guy Hands has many problems:
    http://www.guardian.co.uk/business/2010/feb/05/emi-citigroup-private-equity-terra-firma

    ‘…
    The financier is locked in a legal dispute with Citigroup, claiming the bank tricked him into paying too much when he took over EMI – home to artists ranging from the Beatles to Katy Perry – in a £4.2bn deal just as the credit crunch set in. Citigroup also provided £2.6bn of debt for Hands to finance the deal.

    On Thursday accounts lodged at Companies House showed that EMI stacked up losses of more than £1.75bn last year. Hands’s Terra Firma private equity group needs to inject emergency funds of £105m to avoid breaching Citigroup’s lending covenants. If they are breached the bank could seize control of EMI. The court case underlines the chasm that has opened up between the two parties.

    Hands has tried to thrash out a deal with Citi, and has now turned to a New York courtroom to claim he was duped into over-paying for the music group. Citi’s response was to ask for the case to be moved to London, where any damages would be lower.

    However, a London court date could trigger big tax problems for Hands. Having to appear in London, he said, might wreck his tax plans and leave him with a bill for the months he has so far been out of the country.
    …’
    Couldn’t happen to a nicer bloke.

    ABB

  36. @Hullaballoo
    yeah… there are things you can criticise the bbc for but they do have decent production values, also I think guests in the studio made a bit of difference!!!

  37. @supergeek
    The Oracle is pure genius. I can’t believe they Max and Stacey cut this format out. Maybe the BBC owns the rights and they can’t do it. I remember when they had Jim Rogers on. Man was that funny.

    @Stacey so how come you guys stopped doing the oracle?? You and Max are way funnier in the genesis cave than you are behind a desk.

  38. Stacy looks hot with the full body shot !!

  39. @ 2get her=to get her = together
    n its not past me bed time i made 200 K at ta poker tables
    Hic ;-)

  40. Comment on good looks n ya get sent ta the penalty Box
    ROFL
    Hic ;-)

  41. Fake 200 K before anyone goes beserk
    lololololol just 0′s and 1′s not ta real money’s
    which ya use like zero’s and one’s the credit card
    Pffffttt hmmm errrrr smoke comin outta me ears
    Hic ;-)

  42. Got to hand it to ‘em tey really came close plus we fell asleep @ ta wheel
    Smooth Fuckers tee NWO f@#k faces

  43. Was wonderin wat was Austrailyas stand on ta Gulf before ta Bali bombings ?
    Hic ;-)
    Any Aussies here ???