• 28 Jul 2008 at 9:52 AM

Fired SemGroup Prez: No Worries

By

hootersgirl.jpgDeposed SemGroup chief executive and president Tom Kivisto told employees of the (voluntarily) bankrupt company on Saturday that things are going to be okay, though he refused to take questions from the media, only stating that “as the facts and truths surrounding this chain of events are revealed, the SemGroup employees will regain their trust in what they initially believed.” This is obviously going to take years and a lot of red tape to sort through so I’m just going to ruin the surprise for you now– it all leads back to Hooters. Though where the funeral homes come into play, I do not know.
Earlier: SemGroup: It Gets So Much Worse
SemGroup co – founder reassures employees amid probe [AP via NYT]

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Comments (13)

  1. 1
    Posted by guest | July 28, 2008 at 10:11 AM

    Go for the gusto, go for Mayo!

  2. 2
    Posted by guest | July 28, 2008 at 10:11 AM

    Suddenly buffalo wings and beer for lunch seem like a really good idea.

  3. 3
    Posted by guest | July 28, 2008 at 10:13 AM

    what’s all this talk about Mayo?

  4. 4
    Posted by guest | July 28, 2008 at 10:22 AM

    #3
    No you didn’t………

  5. 5
    Posted by guest | July 28, 2008 at 10:27 AM

    #3 is TGFD

  6. 6
    Posted by Judson_Clark | July 28, 2008 at 10:34 AM

    Oh jeez snarf snarf

  7. 7
    Posted by guest | July 28, 2008 at 10:44 AM

    TGFD is on vacation.

  8. 8
    Posted by Anal_yst | July 28, 2008 at 11:22 AM

    I think if you probe the LoSC archives (see: Verizontal Consolidation), I think you’ll find the answer…

  9. 9
    Posted by guest | July 28, 2008 at 11:52 AM

    not sure what vertizontal consolidation has to do with who i can only assume is mike mayo…

  10. 10
    Posted by Anal_yst | July 28, 2008 at 12:28 PM

    http://longorshortcapital.com/vertizontal-consolidation.htm

  11. 11
    Posted by Anal_yst | July 28, 2008 at 12:30 PM

    …explaining the semgroup/hooters/funeral home connection…

  12. 12
    Posted by guest | July 28, 2008 at 1:03 PM

    so let me get this straight: mike mayo is popular because he a) makes contrarian calls b) downgraded C before Whitney did, and c) sarcastically told Thain on a confernece call that none of MER’s peers did $8 billion of writedowns?

  13. 13
    Posted by mrpink | July 28, 2008 at 1:47 PM

    I believe Mayo told Stan O’Neal that.. I could be wrong though.
    -mrp
    PS: Where can we get archives of all these fun conference calls? I miss listening to The Mayo.

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