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Harryk Harryk is offline
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First recorded activity by BoatBanter: Dec 2010
Posts: 1,909
Default Whats with all the dead fish and birds?

On 1/25/11 9:57 AM, I am Tosk wrote:

Harry is a thief. He helped bilk millions from the Uuilco retirees. We
can only guess who's money he's been spending on boats, decks, and gas
grills lately. Probably got his mits into all that payoff money Obama
gave the labor unions and auto manufacturers retirements fund payoffs...



Listen up, Scotty Ingersoll. I know you are dumber than a pile of dog
****, and I know you've seen this before, but obviously you didn't
understand it.

*No* retiree whose retirement was in any way secured by ULLICO's
investments of pension funds lost a penny of their retirement's value or
income because of alleged "insider" stock transactions.

Members of the ULLICO board of directors and a few very senior staff
people (and I was not part of either of those groups) were allowed to
purchase and sell shares of ULLICO stock. Some of them made serious
dinero over what could have been called insider stock trading, if ULLICO
had been a publicly owned company. But, ULLICO was and is a closed
corporation whose shares are closely held, mostly by those in the
pension fund business. Those who made those profits shouldn't have done
it, even though the firm's outside counsel said they could, and they had
to pay back the profits they made.

Be that as it may, none of that trading had anything to do with the
investments of retiree funds the company handled. Not a single dollar
was "bilked" from any "ULLICO retirees."

You really are an ignorant little ****, aren't you?