You know what's really awesome? Not only when you're certain you're right about something, but also when you're proven right. That's how I feel right now. You see, last December, as part of our year-end spectacular , I reported on what I had seen at the time as the inevitable self-destruction of Big 4 music group EMI , home of The Beatles, predicting its demise to be sometime this year. With the reasons numerous, I figured the man with the coolest name, Guy Hands, would probably begin a selling-off of the company's assets in some way to save his financial ass.
Well, my bank Citigroup did me a favor back in February and accelerated the process outright by seizing the company from behind Guy Hands' back , thus losing said ass overall. Why would this process accelerate? Because banks are in the business of producing money in and of itself, and collateral in the form of physical (e.g., physical property, employees, etc.) and abstract (e.g., intellectual property) assets can only earn money through an actual sale, and the only time such assets are gained are as default collateral.
