On Thu, 17 Jul 2008 23:04:06 -0400, "Reginald P. Smithers III" "Reggie is
Here wrote:

HK wrote:
Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR



Boats take vast sums of money to buy, or just sit there rotting away
at the $600/month marina slip. In order to HAVE boats, some boaters
have invested vast sums of money in securities with various,
previously-stable, banking institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic
to a discussion about boat....unless you're Donald Trump and sold your
little house in Florida for $95,000,000 this morning to one of the
Russian billionaires. Don wanted $120,000,000 but had to take less to
dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase"
could put the Russian's property taxes above the GDP of several small
African countries!

I think he screwed up....



We don't keep any significant liquid assets in any U.S. financial
institutions.

Harry, we all know you don't have any significant liquid assets, so it
is very easy for you to keep them out of US financial institutions.

I was surprised no one else picked up on that.

Reginald P. Smithers III wrote:
HK wrote:
Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR



Boats take vast sums of money to buy, or just sit there rotting away
at the $600/month marina slip. In order to HAVE boats, some boaters
have invested vast sums of money in securities with various,
previously-stable, banking institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY
on-topic to a discussion about boat....unless you're Donald Trump and
sold your little house in Florida for $95,000,000 this morning to one
of the Russian billionaires. Don wanted $120,000,000 but had to take
less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on
the radio at $16,830,000 PER YEAR....as of 2006. A "small tax
increase" could put the Russian's property taxes above the GDP of
several small African countries!

I think he screwed up....



We don't keep any significant liquid assets in any U.S. financial
institutions.

Harry, we all know you don't have any significant liquid assets, so it
is very easy for you to keep them out of US financial institutions.

Twenty bucks - under his mattress. That's high finance for the narcissist.

On Thu, 17 Jul 2008 20:54:29 -0400, HK wrote:

Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR



Boats take vast sums of money to buy, or just sit there rotting away at the
$600/month marina slip. In order to HAVE boats, some boaters have invested
vast sums of money in securities with various, previously-stable, banking
institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic to a
discussion about boat....unless you're Donald Trump and sold your little
house in Florida for $95,000,000 this morning to one of the Russian
billionaires. Don wanted $120,000,000 but had to take less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase" could
put the Russian's property taxes above the GDP of several small African
countries!

I think he screwed up....

We don't keep any significant liquid assets in any U.S. financial
institutions.

Harry, you are so full crap sometimes.

Honest to pete - do you even realise how stupid that statement is?

Or improbable?

Short Wave Sportfishing wrote:
On Thu, 17 Jul 2008 20:54:29 -0400, HK wrote:

Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR


Boats take vast sums of money to buy, or just sit there rotting away at the
$600/month marina slip. In order to HAVE boats, some boaters have invested
vast sums of money in securities with various, previously-stable, banking
institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic to a
discussion about boat....unless you're Donald Trump and sold your little
house in Florida for $95,000,000 this morning to one of the Russian
billionaires. Don wanted $120,000,000 but had to take less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase" could
put the Russian's property taxes above the GDP of several small African
countries!

I think he screwed up....
We don't keep any significant liquid assets in any U.S. financial
institutions.

Harry, you are so full crap sometimes.

Honest to pete - do you even realise how stupid that statement is?

Or improbable?


Really? Please explain the "stupidity" or "improbability."
Be as specific as you can.

Thanks.

"Short Wave Sportfishing" wrote in message
...
On Thu, 17 Jul 2008 20:54:29 -0400, HK wrote:

Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR



Boats take vast sums of money to buy, or just sit there rotting away at
the
$600/month marina slip. In order to HAVE boats, some boaters have
invested
vast sums of money in securities with various, previously-stable,
banking
institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic
to a
discussion about boat....unless you're Donald Trump and sold your little
house in Florida for $95,000,000 this morning to one of the Russian
billionaires. Don wanted $120,000,000 but had to take less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase"
could
put the Russian's property taxes above the GDP of several small African
countries!

I think he screwed up....

We don't keep any significant liquid assets in any U.S. financial
institutions.

Harry, you are so full crap sometimes.

Honest to pete - do you even realise how stupid that statement is?

Or improbable?

I think he's been drinking his liquid assets.

On Fri, 18 Jul 2008 10:50:53 GMT, Short Wave Sportfishing
wrote:

On Thu, 17 Jul 2008 20:54:29 -0400, HK wrote:

Larry wrote:
JR North wrote in
:

What's this got to do with boating?
JR



Boats take vast sums of money to buy, or just sit there rotting away at the
$600/month marina slip. In order to HAVE boats, some boaters have invested
vast sums of money in securities with various, previously-stable, banking
institutions now on the verge of collapse.

The solvency of the bank the "Boat Fund" is stored in is VERY on-topic to a
discussion about boat....unless you're Donald Trump and sold your little
house in Florida for $95,000,000 this morning to one of the Russian
billionaires. Don wanted $120,000,000 but had to take less to dump it.

By the way, the REAL ESTATE TAXES on Don's old house was quoted on the
radio at $16,830,000 PER YEAR....as of 2006. A "small tax increase" could
put the Russian's property taxes above the GDP of several small African
countries!

I think he screwed up....

We don't keep any significant liquid assets in any U.S. financial
institutions.

Harry, you are so full crap sometimes.

Honest to pete - do you even realise how stupid that statement is?

Or improbable?

Sometimes?

HK wrote in
:

Several other massive financial organizations are on a sharp downward
slide.


"Merrill Lynch takes heavy 2Q write-downs; Sells stake in Bloomberg for
$4.4B

NEW YORK (AP) -- Merrill Lynch & Co. on Thursday reported a $4.9 billion
loss amid massive write-downs from soured mortgage positions and other
risky investments, and unveiled plans to raise money by unloading assets.

The world's largest brokerage posted its fourth straight quarterly loss as
it struggles to shore up a balance sheet battered by the global credit
crisis. Merrill Lynch took $9.4 billion of charges and write-downs from
mortgage-backed securities, unprofitable hedge positions, and residential
mortgage exposure."

http://biz.yahoo.com/ap/080717/earns_merrill_lynch.html

The depression begins....in spite of the stock market tinkering the last
few days.

Let the public hangings begin.....Drag them out of their mansions and hang
them in the street for the other ones to see....

Isn't it amazing how they can simply make mountains of money vanish without
a trace?

HK wrote in news:6e9fq3F5uqn4U1
@mid.individual.net:

Wachovia Securities was raided today.


Never mind, I found it. Took my money out of their bank, yesterday, before
the rush.

"HK" wrote in message
...
...and bank-related businesses will fail in the next few months?

Wachovia Securities was raided today.

Bank of American is teetering.

Several other massive financial organizations are on a sharp downward
slide.

Bof A is a large international bank, so is going to be a survivor. Probably
buy a bunch of the small in trouble banks. And Wachovia BAnk was not
raided. Wachovia Securities was.