[Bob G]

I didn’t get shit.

It would have been 3%, but employer took it back due to higher costs to them for a defined benefit retirement plan.

[Bob G]

I didn’t get shit.

It would have been 3%, but employer took it back due to higher costs to them for a defined benefit retirement plan.

[Bob G]

I didn’t get shit.

It would have been 3%, but employer took it back due to higher costs to them for a defined benefit retirement plan.

[Bob G]

http://www.youtube.com/watch?v=cmAm8GNJ_IA

This has been posted before, but it cracks me up everytime.

[Bob G]

http://www.youtube.com/watch?v=cmAm8GNJ_IA

This has been posted before, but it cracks me up everytime.

[Bob G]

Rustico,

Excellant post. I don’t think it could have been expressed more eloquently.

[Bob G]

Rustico,

Excellant post. I don’t think it could have been expressed more eloquently.

[Bob G]

No thank you, I’m not quite ready to go. How about the octogenarians. Let them fo first. They are sitting on a lot of property.

[Bob G]

No thank you, I’m not quite ready to go. How about the octogenarians. Let them fo first. They are sitting on a lot of property.

[Bob G]

I’m looking for inflation adjusted 2000 prices.
I guess that’s about a 50 percent drop from todays prices.

[Bob G]

I’m looking for inflation adjusted 2000 prices.
I guess that’s about a 50 percent drop from todays prices.

[Bob G]

I don’t think Banks are protecting the comps. They are protecting latest profit statement. If they own a property that had a million dollar loan on it, and they can show it on their books as a 1 million dollar asset, they haven’t lost anything. Once they sell it for, say, $750,000, they have to record an actual loss of $250,000. Multiply this out and it’s a big hit to their quarterly profit. The stock market will take the loss and (correctly) project to onto future earnings. Ouch.

[Bob G]

I don’t think Banks are protecting the comps. They are protecting latest profit statement. If they own a property that had a million dollar loan on it, and they can show it on their books as a 1 million dollar asset, they haven’t lost anything. Once they sell it for, say, $750,000, they have to record an actual loss of $250,000. Multiply this out and it’s a big hit to their quarterly profit. The stock market will take the loss and (correctly) project to onto future earnings. Ouch.

[Bob G]

Suggestions:
Con $ ($ is abbreviation for dough)

Pro $ (Someone who still has their money and FICO, like me.)

Hole

Trap

no-$

COOD (Conned Out Of Dough)

[Bob G]

Suggestions:
Con $ ($ is abbreviation for dough)

Pro $ (Someone who still has their money and FICO, like me.)

Hole

Trap

no-$

COOD (Conned Out Of Dough)

[Author]

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