....

FYI a little insight into how the money works and why it?s like it is.....
An American Corporation
You have two cows.
You sell three of them to your publicly listed company, using letters of credit opened by your brother in law at the bank, then execute a debt swap with an associated general offer so you get all four cows back with a tax exemption for five cows.

The milk rights of the six cows are transferred via an intermediary to a Cayman Island company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company. The annual report says the company owns eight cows, with an option on one more.

Sell one cow to help re-elect a President who wants to be a cowboy, leaving you with nine cows. No balance sheet provided with the release.

The public buys your bull.

Posted By: CB41 on October 10th 2008 at 13:46:47

Message Thread

It's about time we had a scrap with Iceland. When was the last one, 20 years ago? (n/m) (General Chat) - CB41, Oct 10, 13:27:17
- I think a bit longer ago than that (General Chat) - camcan, Oct 10, 13:47:47
  - Really?? Bloody hell, how time flies. (n/m) (General Chat) - CB41, Oct 10, 13:52:45
- I agree. Let's invade Icelands (General Chat) - Small, Oct 10, 13:31:36
  - We could nationalise sigur-ros, they must be worth a few bob (n/m) (General Chat) - CB41, Oct 10, 13:42:01
  - lets you take out Icelands Magdalen Street (the folk are harder there) I will take the (General Chat) - lovely old job, Oct 10, 13:34:51
  - Kerry Katona will be first against the wall (n/m) (General Chat) - yarmyyarmy, Oct 10, 13:34:08
    - *unclean thoughts* (n/m) (General Chat) - The Judge, Oct 10, 13:36:03
      - Really???? (General Chat) - CB41, Oct 10, 13:45:30
        
        *Thoughts becoming less clean by the second* (n/m) (General Chat) - The Judge, Oct 10, 13:48:35
    - Kneetremblertastic. (n/m) (General Chat) - jafski, Oct 10, 13:34:51
  - Do they have any oil? (General Chat) - CB41, Oct 10, 13:32:58
    - more of a pullover (n/m) (General Chat) - camcan, Oct 10, 13:48:23
    - I think Shetland is ours anyway. (General Chat) - Small, Oct 10, 13:35:51
      - Christ yeah, that's much better than oil. Have we got any old (General Chat) - CB41, Oct 10, 13:38:42
  - did you hear that the US debt counter has now ran out of digits (General Chat) - pants, Oct 10, 13:32:33
    - Here ya (General Chat) - pants, Oct 10, 13:34:02
      - They've been writing cheques that their arse can't cash (n/m) (General Chat) - Small, Oct 10, 13:43:35
        
        Only one thing for it (General Chat) - The Judge, Oct 10, 13:47:30
        
        get the Turners onto it... (n/m) (General Chat) - blindasabat, Oct 10, 13:53:39
        
        .... (General Chat) - CB41, Oct 10, 13:46:47
- If we blew up the pub in eastenders would that (General Chat) - pants, Oct 10, 13:28:57

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