BuffettNews.com

looks like jimmy's taking some PR shots in the corporate excess dept.

first the enron fiasco birthday bash. now it's wells fargo....

Huh? Something specific going on?

looking4OPH wrote:Huh? Something specific going on?

evidently he was being looked at as entertainment for the loan officer junket that Norwest (can't call it Wells Fargo) sponsors every year. They just cancelled it because they are part of the bank bailout..

RinglingRingling wrote:

looking4OPH wrote:Huh? Something specific going on?

evidently he was being looked at as entertainment for the loan officer junket that Norwest (can't call it Wells Fargo) sponsors every year. They just cancelled it because they are part of the bank bailout..

I also heard they have booked a private JB concert in the past...

I need a bailout.

Here's the article about Wells Fargo:

http://blogs.moneycentral.msn.com/topst ... &GT1=33009

Why don't banks hold executive retreats at some place like the Hyatt Regency Wichita? I'm sure Wichita is a beautiful place, and holds none of the indulgent excess of, say, 12 nights at the Wynn Casino in Las Vegas.

The Wynn is where Wells Fargo (WFC) had booked rooms for a dozen nights to reward its top employees and their guests. But after suffering intense criticism for the move -- Wells Fargo did get $25 billion in taxpayer money, after all -- the company abruptly canceled the event Tuesday.

At first, Wells Fargo defended the junket as an annual tradition. Previous trips have included private Jimmy Buffett concerts, horseback riding, wine tasting and gifts laid on pillows, the Associated Press reports. But as time went by, Wells found it harder to justify the expense.

SharkOnLand wrote:

RinglingRingling wrote:

looking4OPH wrote:Huh? Something specific going on?

evidently he was being looked at as entertainment for the loan officer junket that Norwest (can't call it Wells Fargo) sponsors every year. They just cancelled it because they are part of the bank bailout..

I also heard they have booked a private JB concert in the past...

I need a bailout.

http://www.youtube.com/watch?v=KKrqJG2N ... annel_page

'Nuff said.

I just don't get these corporate execs. I am all for capitalism and the idea that good performance should be rewarded, but if your taking taxpayer money, I hate to break the news to you, thats not good performance and therefore don't get the perks. Also in a time where the economy is tanking, to have the nerve to spend money, that is on loan to you from people who are trying to make ends meet, the way they are is just incredible. I am not a big fan of the dems economic policies, but the announcement today that the Govt. wants to cap executive salaries and how bonuses and company shares are handled until the corporations pay back their bailouts I think is actually a good thing or at least it appears that way now. I also think if they do this is will deter other companies that don't really need bailouts from running to the government with their hands out knowing they will have to obide by theses caps and restrictions. I think this announcment will probably keep companies like Ford from borrowing any money if they can help it. They will find someway to make ends meet and don't have to follow rules that it may take them years to get out from under. Jimmy is a good and successful capitalist, good for him.

i understand that he has in the past played corporate gigs for these excecutive slobs that are screwing over hard working people and my opinion is that he should know better.wheather it surfaced before he was signed on to play or not he doesnt have to play for these people when he can play for his real fans and get paid the same.that should be reward enough! capitalism or not at some point enough is enough especially when its these very people that have to some extent hurt his own fan base because of there excesses. overkill

I can't knock Jimmy for playing any of these corporate gigs in years past. That's what he does, he gets paid to entertain.

I probably can't afford all the $$ it's going to cost me to see Jimmy this year, but that is my call. I won't blame Jimmy for that either.

Before anyone starts (some already have) jumping on Jimmy, saying that he should know better than to play these gigs, think about something. 99% of us would take the $$ from these guys to play for a couple hours if they offered. It's easy to sit back and criticize, but we all know we'd do the same thing if we were in his shoes.

Hold on while I don't give a crap

"Before anyone starts (some already have) jumping on Jimmy, saying that he should know better than to play these gigs, think about something. 99% of us would take the $$ from these guys to play for a couple hours if they offered. It's easy to sit back and criticize, but we all know we'd do the same thing if we were in his shoes."

Agreed. Me too. Then I'd go play an Obama rally just for fun.

botdrnk wrote:Before anyone starts (some already have) jumping on Jimmy, saying that he should know better than to play these gigs, think about something. 99% of us would take the $$ from these guys to play for a couple hours if they offered. It's easy to sit back and criticize, but we all know we'd do the same thing if we were in his shoes.

You bet your life I would! If someone offered my band some good money to play a private party I would be foolish not to jump at the chance to play. Then after I earned the big money I would have to sit down and take out the taxes earned and pay dear old Uncle Sam. Taking advantage of good tax payers would happen if we did not pay our taxes.

As far as Jimmy's business success is concerned, I do not begrudge the guy one damn thing. He works hard for it. He was smart enough to know that his music career could be a has been at any time. If the business opportunities had not come his way I have to wonder if we would be looking forward to a tour this year, because the music and the business met in the middle.

sonofabeach wrote:Hold on while I don't give a crap

DITTO.

Cane Garden Bay wrote:At first, Wells Fargo defended the junket as an annual tradition. Previous trips have included private Jimmy Buffett concerts, horseback riding, wine tasting and gifts laid on pillows, the Associated Press reports. But as time went by, Wells found it harder to justify the expense.

This is pretty much the corporate bailout version of people on welfare buying luxury items with the money. Both situations p*ss me off beyond words. F*** annual tradition. It's out the window. You guys wanna do that on your own dime when you had one to spend, fine. You wanna do it on my taxpayer dime? NO EFFIN WAY.

botdrnk wrote:Before anyone starts (some already have) jumping on Jimmy, saying that he should know better than to play these gigs, think about something. 99% of us would take the $$ from these guys to play for a couple hours if they offered. It's easy to sit back and criticize, but we all know we'd do the same thing if we were in his shoes.

Absolutely. At $750K/pop, I wouldn't have to do it very many times before I would never have to do it again, too.

[quote="palmettopirate"]"Before anyone starts (some already have) jumping on Jimmy, saying that he should know better than to play these gigs, think about something. 99% of us would take the $$ from these guys to play for a couple hours if they offered. It's easy to sit back and criticize, but we all know we'd do the same thing if we were in his shoes."

Agreed. Me too. Then I'd go play an Obama rally just for fun.[/quot

we dont have jimmys annual savings account.its blood money. the country is headed towards a depression and jimmy is willing to play for people like that.entertainer or not its wrong. maybe its just me but when we keep hearing only jimmys name being associated with events like this it aggravating. playiing concerts to your fans for money is one thing but when your taking money from the scum of the earth when you already have enough money then you know what to do with is another story. its called overkill

I'm not justifying the banks spending bailout money the way they are, I think the goverment shouldnt have given them the money without attaching guidelines as to how it is spent. I just don't think any artist whose making a living, whether they are doing well or not should be held accountable for the actions of the company hiring them. He's doing what he does, and if that means doing private shows then so be it. Of course he could say no to the banks, maybe a car company or others. When the economy turns around do you think they will be back knocking on his door trying to give him work, I highly doubt it, after all he stood up to them and told them they were wrong.
Be p*** at the banks and the government at their handling or should I say mishandling of the larget private sector bailout in history, don't be p*** at the people who are doing what they do as their livelyhood regardless of how good they are at what they do. If your p*** so much at these banks refuse to do business with them and put your money elsewhere. The funny thing about this entire post is that the party was cancelled anyway if I read this correctly so its all a mute point.

the nazi soliders were getting paid to do a job to!

So General Motors comes calling and says "we want you to play a company function for a few hours and we'll compensate you $750K for your time"....you'd say no?

I just want to hear someone say that they'd actually say no.

I'm not a greedy person, at least I don't think, but I know I'm not an idiot.

Not trying to instigate here, just trying to have a little fun in these crazy times. What does Jimmy say? Fear is the absence of laughter (or something like that)? So I guess if we can laugh at times, then we're not ALWAYS freakin' out.

Ya'll have a good evening.