DrStool Posted March 23, 2007 Author Report Share Posted March 23, 2007 I smell a rat. They also got rid of a similar amount of liabilities so that their residual was not adversely impacted. Smells like a stunt to transfer some bad loans (underperforming assets) and offsetting liabilities to an off balance sheet entity. Link to comment Share on other sites More sharing options...
mdporter Posted March 24, 2007 Report Share Posted March 24, 2007 The bad loans were launched into space, on a direct course for the Sun. Link to comment Share on other sites More sharing options...
Benny Hoo Hoo Posted March 24, 2007 Report Share Posted March 24, 2007 Does it not all add up to reduced liquidity? Doesn't it mean there is less money (credit) in the system? And if so, doesn't that all lead to deflation? I agree with Doc, I smell a rat. Link to comment Share on other sites More sharing options...
DrStool Posted March 24, 2007 Author Report Share Posted March 24, 2007 Maybe it had something to do with that recent deal where BankAtlantic bought Levitt Homes. (Chairman of BankAtlantic- Alan Levan, Chairman of Levitt Homes, Alan Levan). The bad loans disappear, along with the builder's deposits and short term instruments held by the bank. It's all good. Link to comment Share on other sites More sharing options...
BusKow Posted March 24, 2007 Report Share Posted March 24, 2007 Groups of the day. Link to comment Share on other sites More sharing options...
BusKow Posted March 24, 2007 Report Share Posted March 24, 2007 Groups of the week. Link to comment Share on other sites More sharing options...
BusKow Posted March 24, 2007 Report Share Posted March 24, 2007 Groups of the month. Link to comment Share on other sites More sharing options...
BusKow Posted March 24, 2007 Report Share Posted March 24, 2007 % stocks > 40 pma...analog for June 06? Link to comment Share on other sites More sharing options...
Guest smsc Posted March 24, 2007 Report Share Posted March 24, 2007 things im in .... CCJ ~ i sold 40 calls, question i have .... can i get called before the op ex date ?? im oping i do get called as i have wrote calls a couple times already; so if i get called i wont be upset. plus id rather get rid of it 570506[/snapback] I think Cameco will be breaking out to new highs soon - a few months. Link to comment Share on other sites More sharing options...
BusKow Posted March 24, 2007 Report Share Posted March 24, 2007 Uncle Bucky bounced off the down channel underlying. Expecting a slide back to it. Link to comment Share on other sites More sharing options...
BusKow Posted March 24, 2007 Report Share Posted March 24, 2007 XAU 'held' the 130. Now is the range top 148? Link to comment Share on other sites More sharing options...
DrStool Posted March 24, 2007 Author Report Share Posted March 24, 2007 This one's real creative. Too bad the guy can't spell or punctuate. OFFICE OF THE SENATE HOUSE FEDERAL REPUBLIC OF NIGERIA COMMITTEE ON FOREIGN PAYMENT (RESOLUTIONPANEL ON CONTRACT PAYMENT) IKOYI-LAGOS NIGERIA Our Ref: FGN /SNT/STB ATTN: BENEFICARY, THIS IS TO OFFICIALLY INFORM YOU THAT WE HAVE VERIFIED YOUR CONTRACT/INHERITANCE FILE AND FOUND OUT THAT WHY YOU HAVE NOT RECEIVED YOUR PAYMENT IS BECAUSE YOU HAVE NOT FULFILLED THE OBLIGATIONS GIVEN TO YOU IN RESPECT OF YOUR CONTRACT/INHERITANCE PAYMENT. SECONDLY WE HAVE BEEN INFORMED THAT YOU ARE STILL DEALING WITH THE NONE OFFICIALS IN THE BANK YOUR ENTIRE ATTEMPT TO SECURE THE RELEASE OF THE FUND TO YOU. WE WISH TO ADVISE YOU THAT SUCH AN ILLEGAL ACT LIKE THESE HAVE TO STOP IF YOU WISH TO RECEIVE YOUR PAYMENT SINCE WE HAVE DECIDED TO BRING A SOLUTION TO YOUR PROBLEM. RIGHT NOW WE HAVE ARRANGED YOUR PAYMENT THROUGH OUR SWIFT CARD PAYMENT CENTER ASIA PACIFIC THAT IS THE LATEST INSTRUCTION FROM MR. PRESIDENT, CHIEF OLUSEGUN OBASANJO (GCFR) FEDERAL REPUBLIC OF NIGERIA. AND FBI.THIS CARD CENTER WILL SEND YOU AN ATM CARD WHICH YOU WILL USE TO WITHDRAW YOUR MONEY IN ANY ATM MACHINE IN ANY PART OF THE WORLD, BUT THE MAXIMUM IS THIRTY FIVE THOUSAND DOLLARS PER DAY, SO IF YOU LIKE TO RECEIVE YOUR FUND THIS WAY PLEASE LET US KNOW BY CONTACTING THE ATM PAYMENT CENTRE, AFRIBANK NIGERIA PLC ( DR. ANDERSON PETER ON HIS EMAIL ADDRESS: [email protected] TELEPHONE: 234-802-067-1816 AND ALSO SEND THE FOLLOWING INFORMATION: 1. YOUR FULL NAME 2. PHONE AND FAX NUMBER 3. ADDRESS WERE YOU WANT THEM TO SEND THE ATM CARD 4. YOUR AGE AND CURRENT OCCUPATION THE ATM CARD PAYMENT CENTER HAS BEEN MANDATED TO ISSUE OUT USD2.3MILLION AS PART PAYMENT FOR THIS FISCAL YEAR 2007. ALSO FOR YOUR INFORMATION, YOU HAVE TO STOP ANY FURTHER COMMUNICATION WITH ANY OTHER PERSON(S) OR OFFICE(S) TO AVOID ANY HITCHES IN RECEIVING YOUR PAYMENT. FOR ORAL DISCUSSION, CALL AND EMAIL ME BACK AS SOON AS YOU RECEIVE THIS IMPORTANT MESSAGE FOR FURTHER DIRECTION AND ALSO UPDATE ME ON ANY DEVELOPMENT FROM THE ABOVE-MENTIONED OFFICE. NOTE THAT BECAUSE OF IMPOSTORS, WE HEREBY ISSUED YOU OUR CODE OF CONDUCT, WHICH IS (ATM-822) SO YOU HAVE TO INDICATE THIS CODE WHEN CONTACTING THE CARD CENTER BY USING IT AS YOUR SUBJECT. REGARDS, DR. KENNETH NNAMANI SENATE PRESIDENT (Federal Republic of Nigeria) Link to comment Share on other sites More sharing options...
DrStool Posted March 24, 2007 Author Report Share Posted March 24, 2007 I like the part about being able to withdraw $35K per day from an ATM. Link to comment Share on other sites More sharing options...
Drano Posted March 24, 2007 Report Share Posted March 24, 2007 I'm bummed. Neither Julio Labovitz nor Muhammed Labovitz offered me as good a deal. Link to comment Share on other sites More sharing options...
Guest smsc Posted March 24, 2007 Report Share Posted March 24, 2007 XAU 'held' the 130. Now is the range top 148? 570543[/snapback] There is a gap at 144-146. That's the target I'm thinking of. Not sure if we head down for a nice final low at my beloved XAU 114-116 or break out. Last time, it was obvious the XAU was about to tank. All you had to do was look at the daily candle on GDX the day before. I saw it and got the hell out of 1/3 of portfolio. I doubt it will be so obvious next time, but I will do some portfolio cleaning at resistance if it looks like a pullback. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.