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#71
posted to rec.boats
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Gasoline prices - another record high/ supply and demand
JoeSpareBedroom wrote: "basskisser" wrote in message ups.com... NOYB wrote: "basskisser" wrote in message oups.com... NOYB wrote: "basskisser" wrote in message oups.com... Calif Bill wrote: So, was not just SUV's speeding. How many in your speeding vehicle? Oil makes about 16% profit. Citigroup about 34%. Horse****!! How would Citigroup make a 34% profit when their interest rates aren't even that high?????? Let alone their operating expenses! LOL. You really are clueless. Well, then SHOW ME where Citigroup has made 34% profit. They made 18.8% profit. But that's beside the point. You stated that "their interest rates aren't even that high"...implying that they could earn a profit that was only as high as their interest rate (whatever that is). This shows ignorance on multi-levels. There is an enormous range in Citigroup's lending rates. There is no such thing as "their interest rate". Are you REALLY trying to say that Citigroup's interest rates on money lended is in the neighborhood of 35%????? Friggin' sign me up! If that's the case, then most of the biggest corps in the U.S. will be selling everything and investing in Citigroup. Better not let them in on your secret! Citigroup's profits are derived from a much larger pool of revenues than just the money they take in from their lending practices. Just what are they doing to earn back 35% or so on their money? Donald Trump would love for you to share this informatioin with him! If you never default on your credit card payments, you might skip the fine print in the agreement where it describes that rates can jump to the mid-20 percent range. Prime plus some outrageous amount. Pair this with the fact that Citi does business in places where the base rate's much higher, and your question is PARTIALLY answered. They (like most banks) also invest on their own behalf, no differently than large pension funds and mutual funds. This can involve paper investments, or tangibles like real estate. It ain't going to equal Bill's 34% |
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#72
posted to rec.boats
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Gasoline prices - another record high/ supply and demand
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#73
posted to rec.boats
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Gasoline prices - another record high/ supply and demand
"basskisser" wrote in message oups.com... JoeSpareBedroom wrote: "basskisser" wrote in message ups.com... NOYB wrote: "basskisser" wrote in message oups.com... NOYB wrote: "basskisser" wrote in message oups.com... Calif Bill wrote: So, was not just SUV's speeding. How many in your speeding vehicle? Oil makes about 16% profit. Citigroup about 34%. Horse****!! How would Citigroup make a 34% profit when their interest rates aren't even that high?????? Let alone their operating expenses! LOL. You really are clueless. Well, then SHOW ME where Citigroup has made 34% profit. They made 18.8% profit. But that's beside the point. You stated that "their interest rates aren't even that high"...implying that they could earn a profit that was only as high as their interest rate (whatever that is). This shows ignorance on multi-levels. There is an enormous range in Citigroup's lending rates. There is no such thing as "their interest rate". Are you REALLY trying to say that Citigroup's interest rates on money lended is in the neighborhood of 35%????? Friggin' sign me up! If that's the case, then most of the biggest corps in the U.S. will be selling everything and investing in Citigroup. Better not let them in on your secret! Citigroup's profits are derived from a much larger pool of revenues than just the money they take in from their lending practices. Just what are they doing to earn back 35% or so on their money? Donald Trump would love for you to share this informatioin with him! If you never default on your credit card payments, you might skip the fine print in the agreement where it describes that rates can jump to the mid-20 percent range. Prime plus some outrageous amount. Pair this with the fact that Citi does business in places where the base rate's much higher, and your question is PARTIALLY answered. They (like most banks) also invest on their own behalf, no differently than large pension funds and mutual funds. This can involve paper investments, or tangibles like real estate. It ain't going to equal Bill's 34% Why not? How do you know what kind of profit they turn on trading paper, and ESPECIALLY on real estate, by which I mean commercial buildings that they rent or lease to businesses or apartment dwellers? |
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#74
posted to rec.boats
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Gasoline prices - another record high/ supply and demand
wrote in message ups.com... Prophesy fulfilled! Kevin is all too predicatable. Some things never change basskisser wrote: P. Fritz wrote: "Calif Bill" wrote in message ink.net... "basskisser" wrote in message ups.com... NOYB wrote: "basskisser" wrote in message oups.com... NOYB wrote: "basskisser" wrote in message oups.com... Calif Bill wrote: So, was not just SUV's speeding. How many in your speeding vehicle? Oil makes about 16% profit. Citigroup about 34%. Horse****!! How would Citigroup make a 34% profit when their interest rates aren't even that high?????? Let alone their operating expenses! LOL. You really are clueless. Well, then SHOW ME where Citigroup has made 34% profit. They made 18.8% profit. But that's beside the point. You stated that "their interest rates aren't even that high"...implying that they could earn a profit that was only as high as their interest rate (whatever that is). This shows ignorance on multi-levels. There is an enormous range in Citigroup's lending rates. There is no such thing as "their interest rate". Are you REALLY trying to say that Citigroup's interest rates on money lended is in the neighborhood of 35%????? Friggin' sign me up! If that's the case, then most of the biggest corps in the U.S. will be selling everything and investing in Citigroup. Better not let them in on your secret! Citigroup's profits are derived from a much larger pool of revenues than just the money they take in from their lending practices. Just what are they doing to earn back 35% or so on their money? Donald Trump would love for you to share this informatioin with him! Not all the money they are lending is theirs! Same as a bank. Pay you 1-2% on your deposit and use the rest to borrow from the federal reserve at 4% or so and loan at 6-18%. Then there are the late fees, over limit fees, origination fees, etc etc etc. Kevin once again remains clueless Fritz, care to take the $5000 challenge that I'm not Kevin? Put up, or shut up. Now, if you are referring to me, please show me where and how Citicorp made 34% profit as was stated by Bill, and that is what I called him on the carpet for. |
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#76
posted to rec.boats
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Gasoline prices - another record high/ supply and demand
JoeSpareBedroom wrote: "basskisser" wrote in message oups.com... JoeSpareBedroom wrote: "basskisser" wrote in message ups.com... NOYB wrote: "basskisser" wrote in message oups.com... NOYB wrote: "basskisser" wrote in message oups.com... Calif Bill wrote: So, was not just SUV's speeding. How many in your speeding vehicle? Oil makes about 16% profit. Citigroup about 34%. Horse****!! How would Citigroup make a 34% profit when their interest rates aren't even that high?????? Let alone their operating expenses! LOL. You really are clueless. Well, then SHOW ME where Citigroup has made 34% profit. They made 18.8% profit. But that's beside the point. You stated that "their interest rates aren't even that high"...implying that they could earn a profit that was only as high as their interest rate (whatever that is). This shows ignorance on multi-levels. There is an enormous range in Citigroup's lending rates. There is no such thing as "their interest rate". Are you REALLY trying to say that Citigroup's interest rates on money lended is in the neighborhood of 35%????? Friggin' sign me up! If that's the case, then most of the biggest corps in the U.S. will be selling everything and investing in Citigroup. Better not let them in on your secret! Citigroup's profits are derived from a much larger pool of revenues than just the money they take in from their lending practices. Just what are they doing to earn back 35% or so on their money? Donald Trump would love for you to share this informatioin with him! If you never default on your credit card payments, you might skip the fine print in the agreement where it describes that rates can jump to the mid-20 percent range. Prime plus some outrageous amount. Pair this with the fact that Citi does business in places where the base rate's much higher, and your question is PARTIALLY answered. They (like most banks) also invest on their own behalf, no differently than large pension funds and mutual funds. This can involve paper investments, or tangibles like real estate. It ain't going to equal Bill's 34% Why not? How do you know what kind of profit they turn on trading paper, and ESPECIALLY on real estate, by which I mean commercial buildings that they rent or lease to businesses or apartment dwellers? 34% return on your money? Again, Trump would love that kind of profit! |
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#77
posted to rec.boats
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Gasoline prices - another record high/ supply and demand
"basskisser" wrote in message oups.com... JoeSpareBedroom wrote: "basskisser" wrote in message oups.com... JoeSpareBedroom wrote: "basskisser" wrote in message ups.com... NOYB wrote: "basskisser" wrote in message oups.com... NOYB wrote: "basskisser" wrote in message oups.com... Calif Bill wrote: So, was not just SUV's speeding. How many in your speeding vehicle? Oil makes about 16% profit. Citigroup about 34%. Horse****!! How would Citigroup make a 34% profit when their interest rates aren't even that high?????? Let alone their operating expenses! LOL. You really are clueless. Well, then SHOW ME where Citigroup has made 34% profit. They made 18.8% profit. But that's beside the point. You stated that "their interest rates aren't even that high"...implying that they could earn a profit that was only as high as their interest rate (whatever that is). This shows ignorance on multi-levels. There is an enormous range in Citigroup's lending rates. There is no such thing as "their interest rate". Are you REALLY trying to say that Citigroup's interest rates on money lended is in the neighborhood of 35%????? Friggin' sign me up! If that's the case, then most of the biggest corps in the U.S. will be selling everything and investing in Citigroup. Better not let them in on your secret! Citigroup's profits are derived from a much larger pool of revenues than just the money they take in from their lending practices. Just what are they doing to earn back 35% or so on their money? Donald Trump would love for you to share this informatioin with him! If you never default on your credit card payments, you might skip the fine print in the agreement where it describes that rates can jump to the mid-20 percent range. Prime plus some outrageous amount. Pair this with the fact that Citi does business in places where the base rate's much higher, and your question is PARTIALLY answered. They (like most banks) also invest on their own behalf, no differently than large pension funds and mutual funds. This can involve paper investments, or tangibles like real estate. It ain't going to equal Bill's 34% Why not? How do you know what kind of profit they turn on trading paper, and ESPECIALLY on real estate, by which I mean commercial buildings that they rent or lease to businesses or apartment dwellers? 34% return on your money? Again, Trump would love that kind of profit! It's not all that unusual in some businesses. But, there seems to be a magic number, beyond which some people think it's excessive. Even the oil industries profits would not be considered outrageous, if the absolute price (which we pay) wasn't out of hand. |
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#78
posted to rec.boats
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Gasoline prices - another record high/ supply and demand
Sure you deny what you said, you do quite frequently. and yes, I AM
thick. I'm 6 ft.3 and weigh about 280, mostly upper body. But, Y'know, I may be thick,.....but you're stupid. And tomorrow I can lose weight. basskisser wrote: wrote: Yeah, yeah, deny this: Man, you are thick! Let's try to get some reasoning into that gray matter of yours, shall we? Okay think now. What and where did I "deny" anything? The answer is, I didn't deny anything. Ergo, you are wrong. Understand? Doubtful. |
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#79
posted to rec.boats
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Gasoline prices - another record high/ supply and demand
Not at all, he goes by Jim H wich is his name, what do you go
by...."basskisser?" basskisser wrote: wrote: You calling him Dennis compton, won't bother him near as much as he does you calling you "kevin" Besides, he hides behind his killfile to do so. Pretty childish and petty, wouldn't you think? |
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#80
posted to rec.boats
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Gasoline prices - another record high/ supply and demand
wrote in message oups.com... basskisser wrote: wrote: JimH wrote: Hey Tim.......Kevin is not worth your time. All he wants to do is argue with folks about minutia, day in and day out. Just killfile him and move on. ;-) you're right Jim, but I'm using GoogleGroups, and they don't have kill File. Ohoh, you called him "Kevin" Now we get to wait for the $5000.00 "Put up or Shut up" routine. LOL! This is precious! JimH calls me Kevin because he's got me killfilled and thus thinks he can't be called to the mat! Hey, Dennis Compton, care to take the challenge to prove I'm not Kevin, or would you rather just ignorrantly call me someone I'm not. Killfile, in your case does nothing but prove that you think ignorance is bliss. You calling him Dennis compton, won't bother him near as much as he does you calling you "kevin" ROTF! I went under an alias for a while.......Dennis Compton. After someone discovered my real name I have gone by it ever since but abbreviated it to JimH. The thing Kevin does not understand is that I do not deny posting under the name of Dennis Compton. He, on the other hand, posted and sent emails under the name Kevin Noble, including in a marijuana NG, yet he denies ever doing so. Go figure. Too hot to take the boat out today so I went to Home Depot and purchased the piping and fittings needed to install the battery backup sump pump I recently purchased. The heat wave is to continue through Tuesday so I may be installing the thing tomorrow. Why don't you get a bimini for your boat Tim? |
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