nnuut
Moderator | TSP Legend
If I thought it would help I'd send 20 letters a day to the FRTIB and ETAC, I think they just file them in file 13 (trash can).:nuts:
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nnuut's Account Talk
- Thread starter nnuut
- Start date
Guys,
I am willing to consider another serious effort to turn the unfair and restrictive IFT limitations around. But our previous effort failed, notwithstanding our fine organization and the excellent and priceless contribution of all of the guys here! Does anyone have a better idea for the new push?
I am willing to consider another serious effort to turn the unfair and restrictive IFT limitations around. But our previous effort failed, notwithstanding our fine organization and the excellent and priceless contribution of all of the guys here! Does anyone have a better idea for the new push?
Short of a Class Action Law Suite, not much hope. :worried:
To prove the policy resulted in loses beyond the
markets dive would be difficult. It's Sickening
Thunderhorse
Member
I have one more IFT left this Month and trying to convince myself that the bottom is in, but I just don't buy it. Waiting for the Credit Card companies to cause trouble. No telling what will happen next week, it seems the consensus is a slight down Monday or Tuesday and possibly a jump Wednesday? SPX sitting on the November low with next major resistance a little over 800. CPI and PPI Tuesday and Initial Claims Thursday. Last week the Market ignored Bad numbers and continued the rally, can it happen again? I really don't know which way it will go, will have to play it a day at a time. AGAIN!!
Hey nnuut,
Good company here in the -10% YTD crowd. Even JTH is hanging out with us - need to watch that character!
Dark down here in the deep ain't it. Wuz that a shark that just swam by?:blink:
Better times will come!
nnuut
Moderator | TSP Legend
The -10% crowd, I hear You, 
we don't like it there, but it's better than that 20% group!!:laugh: Things are buzzing right now, I can feel it in the air, might be that the economy is actually doing just a pinch better? There will be opportunities to get back even and to get on the + side this year, we just have to jump on the train at the right time. CHOOooo CHOOooo I'm listening, can you hear that train a comin'?
we don't like it there, but it's better than that 20% group!!:laugh: Things are buzzing right now, I can feel it in the air, might be that the economy is actually doing just a pinch better? There will be opportunities to get back even and to get on the + side this year, we just have to jump on the train at the right time. CHOOooo CHOOooo I'm listening, can you hear that train a comin'?
nnuut
Moderator | TSP Legend
Wow! look at 10 year Bonds!! 30 Year are at -6.10!!
I had 20% in the F for more than a week and didn't make a penny, now look at what Burntankle has done!!
View attachment 6062
I had 20% in the F for more than a week and didn't make a penny, now look at what Burntankle has done!!
View attachment 6062
nnuut
Moderator | TSP Legend
Back out to the Lily Pad in the "G"ood fund COB today! GUN SHY!!! View attachment 6067
If it would turn around today and make some Money I would be happy. Burntankle talking today at 12 Noon, all it takes is for him to say the right thing and BAM!!! I wouldn't count on it!!
View attachment 6067If it would turn around today and make some Money I would be happy. Burntankle talking today at 12 Noon, all it takes is for him to say the right thing and BAM!!! I wouldn't count on it!!
nnuut
Moderator | TSP Legend
nnuut
Moderator | TSP Legend
From the BBC
More of the AIG story unfolds::nuts:
(CBS) As recently as 2007, a discreet office in the heart of London made a vast fortune for insurance giant AIG.
The man who ran it, 54-year-old American Joseph Cassano, and his team at AIG Financial Products were selling a financial instrument called credit default swaps.
In simplest terms, reports CBS News correspondent Elizabeth Palmer, Cassano and AIG Financial Services sold big banks and brokerage firms insurance against their investments dropping in value.
Now he -- and those deals -- are being blamed for AIG's collapse.
"It's the credit default swap people that really, and that was a very small number of folks, very small number of trades, they're the ones that brought our company to our knees," said AIG CEO Edward Liddy in testimony to the House Financial Service Committee on Wednesday.
It was a goldmine when times were good, and it just seemed to get better. In 1999, revenues were $737 million. By 2005 they were up to $3 billion.
The average pay in the unit was more than $1 million a year per employee, and Cassano earned more than $280 million in 7 years. Even when the markets began to weaken, Palmer reports, Cassano's confidence didn't.
"It's hard for us, and, without being flippant, to even see a scenario within any kind of realm of reason that would see us losing $1 in any of those transactions," Cassano told an analyst.
But only two months later, with the real estate market weakening, AIG announced a $352 million loss on the credit swaps, and that was only the beginning.
Suddenly the company was on the hook to pay out billions it didn't have.
Although he was forced to retire a year ago, AIG allowed Joseph Cassano to keep living in the company's luxurious London house, and apart from a multi-million dollar severance agreement, gave him a nine-month consulting contract for $1 million a month.
As rage builds over AIG's compensation packages, it's no surprise Cassano is keeping a very low profile.
Palmer recently went to the AIG mansion where Cassano stays, but he refused to be interviewed.
"I don't want to talk to anyone right now," he said.
U.S. regulators and the British Serious Fraud office are now investigating Cassano's dealings to determine whether they were just excessive and risky, or criminal.
http://www.cbsnews.com/stories/2009/03/19/eveningnews/main4877778.shtml
More of the AIG story unfolds::nuts:
(CBS) As recently as 2007, a discreet office in the heart of London made a vast fortune for insurance giant AIG.
The man who ran it, 54-year-old American Joseph Cassano, and his team at AIG Financial Products were selling a financial instrument called credit default swaps.
In simplest terms, reports CBS News correspondent Elizabeth Palmer, Cassano and AIG Financial Services sold big banks and brokerage firms insurance against their investments dropping in value.
Now he -- and those deals -- are being blamed for AIG's collapse.
"It's the credit default swap people that really, and that was a very small number of folks, very small number of trades, they're the ones that brought our company to our knees," said AIG CEO Edward Liddy in testimony to the House Financial Service Committee on Wednesday.
It was a goldmine when times were good, and it just seemed to get better. In 1999, revenues were $737 million. By 2005 they were up to $3 billion.
The average pay in the unit was more than $1 million a year per employee, and Cassano earned more than $280 million in 7 years. Even when the markets began to weaken, Palmer reports, Cassano's confidence didn't.
"It's hard for us, and, without being flippant, to even see a scenario within any kind of realm of reason that would see us losing $1 in any of those transactions," Cassano told an analyst.
But only two months later, with the real estate market weakening, AIG announced a $352 million loss on the credit swaps, and that was only the beginning.
Suddenly the company was on the hook to pay out billions it didn't have.
Although he was forced to retire a year ago, AIG allowed Joseph Cassano to keep living in the company's luxurious London house, and apart from a multi-million dollar severance agreement, gave him a nine-month consulting contract for $1 million a month.
As rage builds over AIG's compensation packages, it's no surprise Cassano is keeping a very low profile.
Palmer recently went to the AIG mansion where Cassano stays, but he refused to be interviewed.
"I don't want to talk to anyone right now," he said.
U.S. regulators and the British Serious Fraud office are now investigating Cassano's dealings to determine whether they were just excessive and risky, or criminal.
http://www.cbsnews.com/stories/2009/03/19/eveningnews/main4877778.shtml
nnuut
Moderator | TSP Legend
More CRIME::nuts:
Where is the nearest Indian Reservation?
http://www.youtube.com/watch?v=5wzunYI2RGM
Where is the nearest Indian Reservation?
http://www.youtube.com/watch?v=5wzunYI2RGM
alevin
Well-known member
Reservation Map suggests "Go WEST, young man!"
http://www.nps.gov/history/nagpra/DOCUMENTS/ResMAP.HTM
http://www.nps.gov/history/nagpra/DOCUMENTS/ResMAP.HTM
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