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More 'book cooking' at AIG?
AIG Writedowns May Rise $30 Billion on European Swaps (Update1)
By James Sterngold Dec. 17 (Bloomberg) -- American International Group Inc., which already has suffered more than $60 billion in writedowns and losses, may have to absorb almost $30 billion more because of flaws in the way its holdings are valued. An examination of AIG’s credit-default swaps guaranteeing more than $300 billion of corporate loans, mortgages and other assets not covered by a $152.5 billion federal rescue shows the New York-based insurer may value some of its positions at levels that don’t reflect distress in the markets, according to an analyst at Gradient Analytics Inc. and a tax consultant who teaches at Columbia University Business School in New York. Executives at two firms that have similar investments say they account for the securities differently than AIG does. “Every time I look at their statements I find something new,” said Donn Vickrey, executive vice president of Gradient Analytics in Scottsdale, Arizona. He estimated that AIG may need to take at least $28 billion in additional writedowns on swaps covering European corporate loans and prime residential mortgages, as well as collateralized loan and debt obligations. “It looks like they haven’t written down these positions fully yet, and that could be a real problem,” said Vickrey, who predicted correctly, as early as February 2008, that the company would have to report increases in its writedowns on its swaps. - - - What a pack of crooks and thieves. There's nothing quite like corporate welfare. Still has an A rating from A.M. Best, but with a negative rating. |
More 'book cooking' at AIG?
On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote:
....nothing. Just another cut'n'paste. -- John Salmonbait |
More 'book cooking' at AIG?
"John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Bail out ONLY depositors of insured cash accounts and that is it. Share holders, bond holders, etc. get zip. Reverse all severance packages, bonuses and the like for the last 2 years if over $10,000. Re-adjust the pensions if needed (likely in the toilet). Wouldn't it be funny to see a CEO's face say that say retired 3 years ago now get a check for $33K instead of $2M? Without debt, repackage the bank with a new management and new rules. Anyone who exibits passive resistance to the bailout Czar can get up to 30 years in jail and fined $100% of their net worth. Time to get rough with these frauds. |
More 'book cooking' at AIG?
John wrote:
On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait Well, that's all you are. |
More 'book cooking' at AIG?
"Canuck57" wrote in message ... "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Bail out ONLY depositors of insured cash accounts and that is it. Share holders, bond holders, etc. get zip. Reverse all severance packages, bonuses and the like for the last 2 years if over $10,000. Re-adjust the pensions if needed (likely in the toilet). Wouldn't it be funny to see a CEO's face say that say retired 3 years ago now get a check for $33K instead of $2M? Without debt, repackage the bank with a new management and new rules. Anyone who exibits passive resistance to the bailout Czar can get up to 30 years in jail and fined $100% of their net worth. Time to get rough with these frauds. I like your style. Now, please point to a Congress critter with the gonads to propose your plan. Eisboch |
More 'book cooking' at AIG?
Canuck57 wrote:
"John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Bail out ONLY depositors of insured cash accounts and that is it. Share holders, bond holders, etc. get zip. Reverse all severance packages, bonuses and the like for the last 2 years if over $10,000. Re-adjust the pensions if needed (likely in the toilet). All BOD, presidents, VPs, and directors stock options and bonuses are subject to a 5 year review and a truly independent auditor and then they are paid. Freaking GM used to appoint the same freaking accounting firm as their independent auditors for the freaking 50th year in a row. Wouldn't it be funny to see a CEO's face say that say retired 3 years ago now get a check for $33K instead of $2M? Give him a limo ride to a to an all inclusive vacation at the nearest maximum security state facility. |
More 'book cooking' at AIG?
BAR wrote:
Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Bail out ONLY depositors of insured cash accounts and that is it. Share holders, bond holders, etc. get zip. Reverse all severance packages, bonuses and the like for the last 2 years if over $10,000. Re-adjust the pensions if needed (likely in the toilet). All BOD, presidents, VPs, and directors stock options and bonuses are subject to a 5 year review and a truly independent auditor and then they are paid. Freaking GM used to appoint the same freaking accounting firm as their independent auditors for the freaking 50th year in a row. Wouldn't it be funny to see a CEO's face say that say retired 3 years ago now get a check for $33K instead of $2M? Give him a limo ride to a to an all inclusive vacation at the nearest maximum security state facility. Isn't it interesting how you and I share many of the same feelings about corporations and corporate execs. Does that worry you? :) |
More 'book cooking' at AIG?
Boater wrote:
BAR wrote: Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Bail out ONLY depositors of insured cash accounts and that is it. Share holders, bond holders, etc. get zip. Reverse all severance packages, bonuses and the like for the last 2 years if over $10,000. Re-adjust the pensions if needed (likely in the toilet). All BOD, presidents, VPs, and directors stock options and bonuses are subject to a 5 year review and a truly independent auditor and then they are paid. Freaking GM used to appoint the same freaking accounting firm as their independent auditors for the freaking 50th year in a row. Wouldn't it be funny to see a CEO's face say that say retired 3 years ago now get a check for $33K instead of $2M? Give him a limo ride to a to an all inclusive vacation at the nearest maximum security state facility. Isn't it interesting how you and I share many of the same feelings about corporations and corporate execs. Does that worry you? :) I am for personal responsibility at all levels. If you are being paid to do a job you should do the job to the best of your abilities. If those abilities are not good enough then you should be replaced. I don't care if you are a union employee or not, I don't care if you have an employment contract or not. If you don't perform you don't have a job. |
More 'book cooking' at AIG?
"Eisboch" wrote in message ... "Canuck57" wrote in message ... "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Bail out ONLY depositors of insured cash accounts and that is it. Share holders, bond holders, etc. get zip. Reverse all severance packages, bonuses and the like for the last 2 years if over $10,000. Re-adjust the pensions if needed (likely in the toilet). Wouldn't it be funny to see a CEO's face say that say retired 3 years ago now get a check for $33K instead of $2M? Without debt, repackage the bank with a new management and new rules. Anyone who exibits passive resistance to the bailout Czar can get up to 30 years in jail and fined $100% of their net worth. Time to get rough with these frauds. I like your style. Now, please point to a Congress critter with the gonads to propose your plan. Eisboch Do you know of an honest Congress person? We could forward it to them. But I fear they are quiety negotiating away tax payers cash. They have gone closed door with negotiations. The silence is "preperation" of the public to look like they are hard balling when in fact it was a given all along. People need to take note of their senator or congress person's possition and vote accordingly. |
More 'book cooking' at AIG?
"BAR" wrote in message ... Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Good point. The SEC should be hiring 5000 auditors and prosecutors right about now. Getting them trained up to go after the fraud that has gone on. The billions GM Chrsylser want is better spent in prosecuting corruption and incompetance. Bail out ONLY depositors of insured cash accounts and that is it. Share holders, bond holders, etc. get zip. Reverse all severance packages, bonuses and the like for the last 2 years if over $10,000. Re-adjust the pensions if needed (likely in the toilet). All BOD, presidents, VPs, and directors stock options and bonuses are subject to a 5 year review and a truly independent auditor and then they are paid. Freaking GM used to appoint the same freaking accounting firm as their independent auditors for the freaking 50th year in a row. Agreed. Call it "Pump and bail" adjustments. No other auditor would touch GM or Chrysler until chapter 11 where I suspect some real ghosts will come to light. Wouldn't it be funny to see a CEO's face say that say retired 3 years ago now get a check for $33K instead of $2M? Give him a limo ride to a to an all inclusive vacation at the nearest maximum security state facility. Agreed. Forget white collar golf clubs. These crooks need some harder time. |
More 'book cooking' at AIG?
Canuck57 wrote:
"BAR" wrote in message ... Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Good point. The SEC should be hiring 5000 auditors and prosecutors right about now. Getting them trained up to go after the fraud that has gone on. The billions GM Chrsylser want is better spent in prosecuting corruption and incompetance. When I got my first mortgage the guy making the loan pointed out to me that he was an "officer" of the bank. I responded "oh." I didn't bother telling him that anyone with a college degree and an IQ above room temperature working at a bank is made an "officer" of the bank. |
More 'book cooking' at AIG?
BAR wrote:
Canuck57 wrote: "BAR" wrote in message ... Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Good point. The SEC should be hiring 5000 auditors and prosecutors right about now. Getting them trained up to go after the fraud that has gone on. The billions GM Chrsylser want is better spent in prosecuting corruption and incompetance. When I got my first mortgage the guy making the loan pointed out to me that he was an "officer" of the bank. I responded "oh." I didn't bother telling him that anyone with a college degree and an IQ above room temperature working at a bank is made an "officer" of the bank. Don't take this the wrong way, but instead of playing golf, you ought to enroll in one of those high end weekend degree programs and get yourself a college degree. |
More 'book cooking' at AIG?
HK wrote:
BAR wrote: Canuck57 wrote: "BAR" wrote in message ... Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Good point. The SEC should be hiring 5000 auditors and prosecutors right about now. Getting them trained up to go after the fraud that has gone on. The billions GM Chrsylser want is better spent in prosecuting corruption and incompetance. When I got my first mortgage the guy making the loan pointed out to me that he was an "officer" of the bank. I responded "oh." I didn't bother telling him that anyone with a college degree and an IQ above room temperature working at a bank is made an "officer" of the bank. Don't take this the wrong way, but instead of playing golf, you ought to enroll in one of those high end weekend degree programs and get yourself a college degree. I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. |
More 'book cooking' at AIG?
BAR wrote:
HK wrote: BAR wrote: Canuck57 wrote: "BAR" wrote in message ... Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Good point. The SEC should be hiring 5000 auditors and prosecutors right about now. Getting them trained up to go after the fraud that has gone on. The billions GM Chrsylser want is better spent in prosecuting corruption and incompetance. When I got my first mortgage the guy making the loan pointed out to me that he was an "officer" of the bank. I responded "oh." I didn't bother telling him that anyone with a college degree and an IQ above room temperature working at a bank is made an "officer" of the bank. Don't take this the wrong way, but instead of playing golf, you ought to enroll in one of those high end weekend degree programs and get yourself a college degree. I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. It's not a matter of catching up, and in fact has nothing to do with earnings. |
More 'book cooking' at AIG?
HK wrote:
BAR wrote: HK wrote: BAR wrote: Canuck57 wrote: "BAR" wrote in message ... Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Good point. The SEC should be hiring 5000 auditors and prosecutors right about now. Getting them trained up to go after the fraud that has gone on. The billions GM Chrsylser want is better spent in prosecuting corruption and incompetance. When I got my first mortgage the guy making the loan pointed out to me that he was an "officer" of the bank. I responded "oh." I didn't bother telling him that anyone with a college degree and an IQ above room temperature working at a bank is made an "officer" of the bank. Don't take this the wrong way, but instead of playing golf, you ought to enroll in one of those high end weekend degree programs and get yourself a college degree. I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. It's not a matter of catching up, and in fact has nothing to do with earnings. Cost benefit analysis. The benefit of a college degree for me is not worth the cost at this time in my life. There are others in my life who will benefit from a college degree and that is where my resources efforts are focused. |
More 'book cooking' at AIG?
BAR wrote:
HK wrote: BAR wrote: HK wrote: BAR wrote: Canuck57 wrote: "BAR" wrote in message ... Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Good point. The SEC should be hiring 5000 auditors and prosecutors right about now. Getting them trained up to go after the fraud that has gone on. The billions GM Chrsylser want is better spent in prosecuting corruption and incompetance. When I got my first mortgage the guy making the loan pointed out to me that he was an "officer" of the bank. I responded "oh." I didn't bother telling him that anyone with a college degree and an IQ above room temperature working at a bank is made an "officer" of the bank. Don't take this the wrong way, but instead of playing golf, you ought to enroll in one of those high end weekend degree programs and get yourself a college degree. I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. It's not a matter of catching up, and in fact has nothing to do with earnings. Cost benefit analysis. The benefit of a college degree for me is not worth the cost at this time in my life. There are others in my life who will benefit from a college degree and that is where my resources efforts are focused. okay. |
More 'book cooking' at AIG?
On Thu, 18 Dec 2008 08:16:54 -0500, BAR wrote:
I am for personal responsibility at all levels. If you are being paid to do a job you should do the job to the best of your abilities. If those abilities are not good enough then you should be replaced. I don't care if you are a union employee or not, I don't care if you have an employment contract or not. If you don't perform you don't have a job. Keep watching over your shoulder. The young hot-shot may not be gaining, but he is cheaper. |
More 'book cooking' at AIG?
On Thu, 18 Dec 2008 09:29:57 -0500, BAR wrote:
I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. Ah, perhaps if they were brothers? |
More 'book cooking' at AIG?
|
More 'book cooking' at AIG?
On Dec 18, 11:41*am, wrote:
On Thu, 18 Dec 2008 09:29:57 -0500, BAR wrote: I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. Ah, perhaps if they were brothers? Oh Geeze..... |
More 'book cooking' at AIG?
On Dec 18, 11:48*am, harrykrause wrote:
wrote: On Thu, 18 Dec 2008 09:29:57 -0500, BAR wrote: I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. Ah, perhaps if they were brothers? I wasn't suggesting college for monetary improvement, but for intellectual improvement. A good, traditional liberal arts education teaches you how to think. Perhaps you should consider a "good, traditional liberal arts education". Maybe Yale?? |
More 'book cooking' at AIG?
|
More 'book cooking' at AIG?
On Dec 18, 11:56*am, harrykrause wrote:
wrote: On Dec 18, 11:48 am, harrykrause wrote: wrote: On Thu, 18 Dec 2008 09:29:57 -0500, BAR wrote: I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. Ah, perhaps if they were brothers? I wasn't suggesting college for monetary improvement, but for intellectual improvement. A good, traditional liberal arts education teaches you how to think. Perhaps you should consider a "good, traditional liberal arts education". Maybe Yale?? I have a good traditional liberal arts education, dummy; I never get into shoving matches with the police. Yeah, I really don't see you standing up for what's right... |
More 'book cooking' at AIG?
On Thu, 18 Dec 2008 09:22:53 -0500, HK wrote:
BAR wrote: Canuck57 wrote: "BAR" wrote in message ... Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Good point. The SEC should be hiring 5000 auditors and prosecutors right about now. Getting them trained up to go after the fraud that has gone on. The billions GM Chrsylser want is better spent in prosecuting corruption and incompetance. When I got my first mortgage the guy making the loan pointed out to me that he was an "officer" of the bank. I responded "oh." I didn't bother telling him that anyone with a college degree and an IQ above room temperature working at a bank is made an "officer" of the bank. Don't take this the wrong way, but instead of playing golf, you ought to enroll in one of those high end weekend degree programs and get yourself a college degree. Harry, you pretend to have a degree from Yale. You may have one from Kansas. Only the Shadow knows if you've got one at all. Having associated with both you and Bert, I can honestly say your degree did you no good whatsoever. In other words, Bert is head and shoulders above whatever you could hope to be. -- John Salmonbait |
More 'book cooking' at AIG?
On Thu, 18 Dec 2008 11:48:29 -0500, harrykrause
wrote: wrote: On Thu, 18 Dec 2008 09:29:57 -0500, BAR wrote: I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. Ah, perhaps if they were brothers? I wasn't suggesting college for monetary improvement, but for intellectual improvement. A good, traditional liberal arts education teaches you how to think. Apparently it teaches one how to be a dedicated liar. -- John Salmonbait |
More 'book cooking' at AIG?
John wrote:
On Thu, 18 Dec 2008 11:48:29 -0500, harrykrause wrote: wrote: On Thu, 18 Dec 2008 09:29:57 -0500, BAR wrote: I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. Ah, perhaps if they were brothers? I wasn't suggesting college for monetary improvement, but for intellectual improvement. A good, traditional liberal arts education teaches you how to think. Apparently it teaches one how to be a dedicated liar. -- John Salmonbait A liberal dedicated liar. A business or science degree would have taught him to be a contributer rather than a user. |
More 'book cooking' at AIG?
"HK" wrote in message ... BAR wrote: HK wrote: BAR wrote: HK wrote: BAR wrote: Canuck57 wrote: "BAR" wrote in message ... Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Good point. The SEC should be hiring 5000 auditors and prosecutors right about now. Getting them trained up to go after the fraud that has gone on. The billions GM Chrsylser want is better spent in prosecuting corruption and incompetance. When I got my first mortgage the guy making the loan pointed out to me that he was an "officer" of the bank. I responded "oh." I didn't bother telling him that anyone with a college degree and an IQ above room temperature working at a bank is made an "officer" of the bank. Don't take this the wrong way, but instead of playing golf, you ought to enroll in one of those high end weekend degree programs and get yourself a college degree. I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. It's not a matter of catching up, and in fact has nothing to do with earnings. Cost benefit analysis. The benefit of a college degree for me is not worth the cost at this time in my life. There are others in my life who will benefit from a college degree and that is where my resources efforts are focused. okay. Bill Gates lacks a college degree. Hindered him I guess. |
More 'book cooking' at AIG?
Calif Bill wrote:
"HK" wrote in message ... BAR wrote: HK wrote: BAR wrote: HK wrote: BAR wrote: Canuck57 wrote: "BAR" wrote in message ... Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Good point. The SEC should be hiring 5000 auditors and prosecutors right about now. Getting them trained up to go after the fraud that has gone on. The billions GM Chrsylser want is better spent in prosecuting corruption and incompetance. When I got my first mortgage the guy making the loan pointed out to me that he was an "officer" of the bank. I responded "oh." I didn't bother telling him that anyone with a college degree and an IQ above room temperature working at a bank is made an "officer" of the bank. Don't take this the wrong way, but instead of playing golf, you ought to enroll in one of those high end weekend degree programs and get yourself a college degree. I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. It's not a matter of catching up, and in fact has nothing to do with earnings. Cost benefit analysis. The benefit of a college degree for me is not worth the cost at this time in my life. There are others in my life who will benefit from a college degree and that is where my resources efforts are focused. okay. Bill Gates lacks a college degree. Hindered him I guess. Gates is a very unusual individual. Bet that never occurred to you. |
More 'book cooking' at AIG?
"Boater" wrote in message ... Calif Bill wrote: "HK" wrote in message ... BAR wrote: HK wrote: BAR wrote: HK wrote: BAR wrote: Canuck57 wrote: "BAR" wrote in message ... Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Good point. The SEC should be hiring 5000 auditors and prosecutors right about now. Getting them trained up to go after the fraud that has gone on. The billions GM Chrsylser want is better spent in prosecuting corruption and incompetance. When I got my first mortgage the guy making the loan pointed out to me that he was an "officer" of the bank. I responded "oh." I didn't bother telling him that anyone with a college degree and an IQ above room temperature working at a bank is made an "officer" of the bank. Don't take this the wrong way, but instead of playing golf, you ought to enroll in one of those high end weekend degree programs and get yourself a college degree. I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. It's not a matter of catching up, and in fact has nothing to do with earnings. Cost benefit analysis. The benefit of a college degree for me is not worth the cost at this time in my life. There are others in my life who will benefit from a college degree and that is where my resources efforts are focused. okay. Bill Gates lacks a college degree. Hindered him I guess. Gates is a very unusual individual. Bet that never occurred to you. So are you an unusual individual. Liberal Arts Degree has not seemed to help your social skills. |
More 'book cooking' at AIG?
|
More 'book cooking' at AIG?
Calif Bill wrote:
"Boater" wrote in message ... Calif Bill wrote: "HK" wrote in message ... BAR wrote: HK wrote: BAR wrote: HK wrote: BAR wrote: Canuck57 wrote: "BAR" wrote in message ... Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Good point. The SEC should be hiring 5000 auditors and prosecutors right about now. Getting them trained up to go after the fraud that has gone on. The billions GM Chrsylser want is better spent in prosecuting corruption and incompetance. When I got my first mortgage the guy making the loan pointed out to me that he was an "officer" of the bank. I responded "oh." I didn't bother telling him that anyone with a college degree and an IQ above room temperature working at a bank is made an "officer" of the bank. Don't take this the wrong way, but instead of playing golf, you ought to enroll in one of those high end weekend degree programs and get yourself a college degree. I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. It's not a matter of catching up, and in fact has nothing to do with earnings. Cost benefit analysis. The benefit of a college degree for me is not worth the cost at this time in my life. There are others in my life who will benefit from a college degree and that is where my resources efforts are focused. okay. Bill Gates lacks a college degree. Hindered him I guess. Gates is a very unusual individual. Bet that never occurred to you. So are you an unusual individual. Liberal Arts Degree has not seemed to help your social skills. Still hiring illegals for your non-licensed handyman company? |
More 'book cooking' at AIG?
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More 'book cooking' at AIG?
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More 'book cooking' at AIG?
Boater wrote:
Calif Bill wrote: "HK" wrote in message ... BAR wrote: HK wrote: BAR wrote: HK wrote: BAR wrote: Canuck57 wrote: "BAR" wrote in message ... Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Good point. The SEC should be hiring 5000 auditors and prosecutors right about now. Getting them trained up to go after the fraud that has gone on. The billions GM Chrsylser want is better spent in prosecuting corruption and incompetance. When I got my first mortgage the guy making the loan pointed out to me that he was an "officer" of the bank. I responded "oh." I didn't bother telling him that anyone with a college degree and an IQ above room temperature working at a bank is made an "officer" of the bank. Don't take this the wrong way, but instead of playing golf, you ought to enroll in one of those high end weekend degree programs and get yourself a college degree. I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. It's not a matter of catching up, and in fact has nothing to do with earnings. Cost benefit analysis. The benefit of a college degree for me is not worth the cost at this time in my life. There are others in my life who will benefit from a college degree and that is where my resources efforts are focused. okay. Bill Gates lacks a college degree. Hindered him I guess. Gates is a very unusual individual. Bet that never occurred to you. He is a social misfit just like you. |
More 'book cooking' at AIG?
"Boater" wrote in message ... Calif Bill wrote: "Boater" wrote in message ... Calif Bill wrote: "HK" wrote in message ... BAR wrote: HK wrote: BAR wrote: HK wrote: BAR wrote: Canuck57 wrote: "BAR" wrote in message ... Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Good point. The SEC should be hiring 5000 auditors and prosecutors right about now. Getting them trained up to go after the fraud that has gone on. The billions GM Chrsylser want is better spent in prosecuting corruption and incompetance. When I got my first mortgage the guy making the loan pointed out to me that he was an "officer" of the bank. I responded "oh." I didn't bother telling him that anyone with a college degree and an IQ above room temperature working at a bank is made an "officer" of the bank. Don't take this the wrong way, but instead of playing golf, you ought to enroll in one of those high end weekend degree programs and get yourself a college degree. I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. It's not a matter of catching up, and in fact has nothing to do with earnings. Cost benefit analysis. The benefit of a college degree for me is not worth the cost at this time in my life. There are others in my life who will benefit from a college degree and that is where my resources efforts are focused. okay. Bill Gates lacks a college degree. Hindered him I guess. Gates is a very unusual individual. Bet that never occurred to you. So are you an unusual individual. Liberal Arts Degree has not seemed to help your social skills. Still hiring illegals for your non-licensed handyman company? And what does my hiring or not hiring have to do with college degrees? Maybe you should have stayed in college and gotten some social skills. Sign up at the local junior college and you could work on both an AA and your social skills. |
More 'book cooking' at AIG?
"Boater" wrote in message ... Bill Gates lacks a college degree. Hindered him I guess. Gates is a very unusual individual. Bet that never occurred to you. Harry, you put too much emphasis on degrees and specifically your "liberal arts" education as if it makes you superior in some silly way. Tons of us have earned degrees. But, here's a few more "very unusual individuals" who never got one, yet are either far more successful or have contributed more to mankind than you or I could ever think of doing: Michael Dell Lawrence Ellison - (Oracle} Paul Allen - Microsoft Ted Turner - CNN Thomas Edison - GE Henry Ford - Ford Steven Spielberg Steve Jobs - Apple Ralph Lauren George Washington Harry S Truman Walt Disney Buckminster Fuller John D. Rockefeller Orville and Wilbur Wright Steve Martin Abraham Lincoln Charlton Heston Peter Jennings Elvis Presley Paul Allen Doris Lessing Eddie Murphy Jon Bon Jovi Sarah Michelle Gellar Lance Armstrong Michael Moore Al Sharpton Britney Spears Chuck Yeager Eleanor Roosevelt Ernest Hemingway Frank Lloyd Wright Jesse Ventura Larry Ellison Larry King Rush Limbaugh Ty Warner Walter Cronkite William Faulkner ------------- Eisboch |
More 'book cooking' at AIG?
On Dec 18, 6:41*pm, "Eisboch" wrote:
"Boater" wrote in message ... Bill Gates lacks a college degree. *Hindered him I guess. Gates is a very unusual individual. Bet that never occurred to you. Harry, you put too much emphasis on degrees and specifically your "liberal arts" education as if it makes you superior in some silly way. * Tons of us have earned degrees. * But, here's a few more "very unusual individuals" who never got one, yet are either far more successful or have contributed more to mankind than you or I could ever think of doing: Michael Dell Lawrence Ellison - (Oracle} Paul Allen - Microsoft Ted Turner - CNN Thomas Edison - GE Henry Ford - Ford Steven Spielberg Steve Jobs - Apple Ralph Lauren George Washington Harry S Truman Walt Disney Buckminster Fuller John D. Rockefeller Orville and Wilbur Wright Steve Martin Abraham Lincoln Charlton Heston Peter Jennings Elvis Presley Paul Allen Doris Lessing Eddie Murphy Jon Bon Jovi Sarah Michelle Gellar Lance Armstrong Michael Moore Al Sharpton Britney Spears Chuck Yeager Eleanor Roosevelt Ernest Hemingway Frank Lloyd Wright Jesse Ventura Larry Ellison Larry King Rush Limbaugh Ty Warner Walter Cronkite William Faulkner ------------- Eisboch "Peter Jennings " If memory serve correctly, I believe was a high school drop out. |
More 'book cooking' at AIG?
On Dec 18, 7:41*pm, "Eisboch" wrote:
"Boater" wrote in message ... Bill Gates lacks a college degree. *Hindered him I guess. Gates is a very unusual individual. Bet that never occurred to you. Harry, you put too much emphasis on degrees and specifically your "liberal arts" education as if it makes you superior in some silly way. * Tons of us have earned degrees. * But, here's a few more "very unusual individuals" who never got one, yet are either far more successful or have contributed more to mankind than you or I could ever think of doing: Michael Dell Lawrence Ellison - (Oracle} Paul Allen - Microsoft Ted Turner - CNN Thomas Edison - GE Henry Ford - Ford Steven Spielberg Steve Jobs - Apple Ralph Lauren George Washington Harry S Truman Walt Disney Buckminster Fuller John D. Rockefeller Orville and Wilbur Wright Steve Martin Abraham Lincoln Charlton Heston Peter Jennings Elvis Presley Paul Allen Doris Lessing Eddie Murphy Jon Bon Jovi Sarah Michelle Gellar Lance Armstrong Michael Moore Al Sharpton Britney Spears Chuck Yeager Eleanor Roosevelt Ernest Hemingway Frank Lloyd Wright Jesse Ventura Larry Ellison Larry King Rush Limbaugh Ty Warner Walter Cronkite William Faulkner ------------- Eisboch You forgot Jesus Christ;) Merry Christmas...;)))) |
More 'book cooking' at AIG?
HK wrote:
BAR wrote: HK wrote: BAR wrote: Canuck57 wrote: "BAR" wrote in message ... Canuck57 wrote: "John" wrote in message ... On Wed, 17 Dec 2008 18:43:22 -0500, Boater wrote: ...nothing. Just another cut'n'paste. -- John Salmonbait It is. But I was thinking the other day this bank bailout is a farce. Why not do it this way. Pass a legislation that a bank MUST pay it's debts and creditors or face immediate liquifaction. Special chapter 7a if you will. Absorb the bank, firing all senior management and board with cause. Jailing all officers of the bank. And I do mean officers of the bank. Good point. The SEC should be hiring 5000 auditors and prosecutors right about now. Getting them trained up to go after the fraud that has gone on. The billions GM Chrsylser want is better spent in prosecuting corruption and incompetance. When I got my first mortgage the guy making the loan pointed out to me that he was an "officer" of the bank. I responded "oh." I didn't bother telling him that anyone with a college degree and an IQ above room temperature working at a bank is made an "officer" of the bank. Don't take this the wrong way, but instead of playing golf, you ought to enroll in one of those high end weekend degree programs and get yourself a college degree. I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. It's not a matter of catching up, and in fact has nothing to do with earnings. Harry, You have a college degree, well sort of considering it was from Univ. of Kansas, and look how you turned out. I mean really. |
More 'book cooking' at AIG?
harrykrause wrote:
wrote: On Thu, 18 Dec 2008 09:29:57 -0500, BAR wrote: I don't need a college degree. I have done quite well for myself. I have four sisters all with Bachelors degrees one with an MSN and two with MBAs. They still haven't caught up to me. Ah, perhaps if they were brothers? I wasn't suggesting college for monetary improvement, but for intellectual improvement. A good, traditional liberal arts education teaches you how to think. I would suggest you go and get a good traditional liberal arts education. No one would ever have suggested that Univ. of Kansas, especially in the 60's, would qualify for a good liberal arts school. The dribble that you try to pass off as rational thought shows no one was wrong. Even if you did not have the smarts to get in a 1st or 2nd tier school, you could have done better than U of Kansas. No rationally person, living in the Northeast, who wanted to get a good traditional liberal arts education, would pick Univ. of Kansas. |
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