- This topic has 295 replies, 18 voices, and was last updated 14 years, 9 months ago by
LesBaer45.
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July 10, 2009 at 2:07 PM #428961July 11, 2009 at 12:47 PM #428433
LesBaer45
Participant[quote=CA renter]Why not start up a Pigg fund and let Allan head it up? :)[/quote]
I’m in.
Where do I send the check?
July 11, 2009 at 12:47 PM #428658Participant[quote=CA renter]Why not start up a Pigg fund and let Allan head it up? :)[/quote]
I’m in.
Where do I send the check?
July 11, 2009 at 12:47 PM #428945Participant[quote=CA renter]Why not start up a Pigg fund and let Allan head it up? :)[/quote]
I’m in.
Where do I send the check?
July 11, 2009 at 12:47 PM #429017Participant[quote=CA renter]Why not start up a Pigg fund and let Allan head it up? :)[/quote]
I’m in.
Where do I send the check?
July 11, 2009 at 12:47 PM #429178Participant[quote=CA renter]Why not start up a Pigg fund and let Allan head it up? :)[/quote]
I’m in.
Where do I send the check?
July 11, 2009 at 1:00 PM #428438Participant[quote=flu][quote=enron_by_the_sea][quote=flu]
It’s not ok for individuals to rip off IOU holders at discounted prices…However, it’s ok for banks/institutions/brokers with “licenses” to rip off IOU holders….
[/quote]
LOL. USA is different. Here if you want to rip off someone, you need to get a license to rip off first.[/quote]
Hmm, in deciding to apply for a license to kill or a license to steal, I think I would pick the latter.
007 License to Steal….Sounds kinda cool.[/quote]
I’m probably wrong about this, but I think the SEC basically HAD to declare them a ‘security’. Otherwise I think CA would risk running afoul of other federal laws concerning the printing of ‘currency’. They decided the ‘security’ angle was better given the current status of CAs’ budget. Banning them from using the IOUs as ‘currency’ would have set off a firestorm.
But my constitutional law is weak.
*I am not a lawyer, nor do I play one on TV or the Internet.
July 11, 2009 at 1:00 PM #428663Participant[quote=flu][quote=enron_by_the_sea][quote=flu]
It’s not ok for individuals to rip off IOU holders at discounted prices…However, it’s ok for banks/institutions/brokers with “licenses” to rip off IOU holders….
[/quote]
LOL. USA is different. Here if you want to rip off someone, you need to get a license to rip off first.[/quote]
Hmm, in deciding to apply for a license to kill or a license to steal, I think I would pick the latter.
007 License to Steal….Sounds kinda cool.[/quote]
I’m probably wrong about this, but I think the SEC basically HAD to declare them a ‘security’. Otherwise I think CA would risk running afoul of other federal laws concerning the printing of ‘currency’. They decided the ‘security’ angle was better given the current status of CAs’ budget. Banning them from using the IOUs as ‘currency’ would have set off a firestorm.
But my constitutional law is weak.
*I am not a lawyer, nor do I play one on TV or the Internet.
July 11, 2009 at 1:00 PM #428950Participant[quote=flu][quote=enron_by_the_sea][quote=flu]
It’s not ok for individuals to rip off IOU holders at discounted prices…However, it’s ok for banks/institutions/brokers with “licenses” to rip off IOU holders….
[/quote]
LOL. USA is different. Here if you want to rip off someone, you need to get a license to rip off first.[/quote]
Hmm, in deciding to apply for a license to kill or a license to steal, I think I would pick the latter.
007 License to Steal….Sounds kinda cool.[/quote]
I’m probably wrong about this, but I think the SEC basically HAD to declare them a ‘security’. Otherwise I think CA would risk running afoul of other federal laws concerning the printing of ‘currency’. They decided the ‘security’ angle was better given the current status of CAs’ budget. Banning them from using the IOUs as ‘currency’ would have set off a firestorm.
But my constitutional law is weak.
*I am not a lawyer, nor do I play one on TV or the Internet.
July 11, 2009 at 1:00 PM #429022Participant[quote=flu][quote=enron_by_the_sea][quote=flu]
It’s not ok for individuals to rip off IOU holders at discounted prices…However, it’s ok for banks/institutions/brokers with “licenses” to rip off IOU holders….
[/quote]
LOL. USA is different. Here if you want to rip off someone, you need to get a license to rip off first.[/quote]
Hmm, in deciding to apply for a license to kill or a license to steal, I think I would pick the latter.
007 License to Steal….Sounds kinda cool.[/quote]
I’m probably wrong about this, but I think the SEC basically HAD to declare them a ‘security’. Otherwise I think CA would risk running afoul of other federal laws concerning the printing of ‘currency’. They decided the ‘security’ angle was better given the current status of CAs’ budget. Banning them from using the IOUs as ‘currency’ would have set off a firestorm.
But my constitutional law is weak.
*I am not a lawyer, nor do I play one on TV or the Internet.
July 11, 2009 at 1:00 PM #429182Participant[quote=flu][quote=enron_by_the_sea][quote=flu]
It’s not ok for individuals to rip off IOU holders at discounted prices…However, it’s ok for banks/institutions/brokers with “licenses” to rip off IOU holders….
[/quote]
LOL. USA is different. Here if you want to rip off someone, you need to get a license to rip off first.[/quote]
Hmm, in deciding to apply for a license to kill or a license to steal, I think I would pick the latter.
007 License to Steal….Sounds kinda cool.[/quote]
I’m probably wrong about this, but I think the SEC basically HAD to declare them a ‘security’. Otherwise I think CA would risk running afoul of other federal laws concerning the printing of ‘currency’. They decided the ‘security’ angle was better given the current status of CAs’ budget. Banning them from using the IOUs as ‘currency’ would have set off a firestorm.
But my constitutional law is weak.
*I am not a lawyer, nor do I play one on TV or the Internet.
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