Madoff case solved - TRULY SORTED.

[herosrest]

The Madoff fraud's' are a test. Until it is understood, others will continue it.

It is an accounting trick. Defended with Mumbo Jumbo or silence.

Supreme arrogance.

[mireland]

well ok then...

[herosrest]

"______________"

[mireland]

you're posts would be more educational if you posted more half naked women along with your rantings...

[herosrest]

Ducks bomb the Trojans.

[herosrest]

_

"_________________________________________________ _______"

_

[herosrest]

?

The term comes from the Greek dichotomia (divided): dich- (form of dícha, in two, asunder); tomia- a combining form meaning cutting, incision, excision of an object..

This item came into eye and voila................... funny old world.

>>>>>>>>>>>>>>>>

This is the bottom line_________________________________________ here is where it ends

http://en.wikipedia.org/wiki/Morton's_Fork OH! for some constant values $$$ $$$

[herosrest]

Anecdotus horriblus.

Lunatics beware - a very special full moon is due -

In Astronomy dichotomy is the phase of the moon or an inferior planet in which half its disk appears illuminated.
The other half is actually really there. Ya just can't see it anymore.

Dichotomy - Usage It is actually a formula. Get away............. would you ever............ Tell ya what. Mark-that-to-market. Right away!

[mireland]

this thread bits. It blows. It sucks.

[herosrest]

This looks like some serious fun and laughs - next time you are 'total'ly out of it. > Click

Careful not to fall over - you'll have to balance carefully.
Be well now.

[herosrest]

this thread bits. It blows. It sucks.

Life can do that as well, if you let it.

[mireland]

Life can do that as well, if you let it.

yer meanderings a sort of amusing...keep up the good work..

[herosrest]

Two minds - one idea. Where's me pirate flag.
How should a mortgage holder go about writing-down repayment against written-down property value? Answers on a tax-return to your local tax assessment office. It is April 1st.
l have expressed the view several times before that air travel with luggage is ridiculous.
Stupid beyond belief. Stick a few decently priced retail outlets on the airport exits and sod the luggage.
Everyone gets where they are going a lot faster and the whole business of air travel becomes more efficient by factors.

There was a time, one 'had' to take luggage, that is not the 'case' in 21C.
click
Must click
click



http://www.sysopt.com/forum/showpost...postcount=2091 Make that - Black hole!

[herosrest]

Spreading risk is spreading consequence.
It is Manifold. It is ultimately irresponsible. It is ultimately ultimate.

It is not chaotic - ultimate consequence is perfectly predictable in the case of insurance.
Investment is risk free - you are standing in the middle of the consequences.
Value was not defended and is vanishing into a black hole of self fulfilment.

[herosrest]

There is of course a safety valve.
Several, actually. The simple basic trading technique is rather painless and VERY effective. Over commited traders go bust. A real problem solver. Various clever accounting tricks - honest and debatable - also exist, dependant upon legal points such as who owns assets and is responsible collectively and individually for liabilty. Owners of Loss Making Banks please step forward and hand over everything you own.
No one seems to like that idea although it is a responsible attitude.
__________________________________________________ _______________

A report last week from the Congressional Oversight Panel policing the Treasury's financial bailout underscored just how tough it can be to price investments. The report concluded that the government overpaid when buying preferred shares in big banks last fall by about 33% on average, which the panel blamed in part on the Treasury's decision to invest in all the banks on the same terms under its Capital Purchase Program.Yet finding a way to price assets accurately – or, more importantly, setting prices that buyers and sellers will agree on – is critical to unlocking the credit markets. The fundamental problem is that banks and investors value the assets differently. Investors won’t pay what banks want for the home, auto, construction and other loans on their books; banks won’t take what investors are willing to pay, for fear of having to take more massive writedowns.And as long as investors don’t trust the asset values on bank balance-sheets, banks won't get much more private capital, further constraining their lending. Government capital injections alone won’t do much to solve this, financial experts say; as long as the questionable assets remain on bank books, and remain so opaque, investors will continue to worry about new blow-ups. The upshot: Without resolving the pricing issue, it could take years for asset prices to shake out, raising the specter of a long, drawn-out crisis like the one Japan faced in the 1990s.
__________________________________________________ _______________

So, how to value assets........... tough one that. Not what they 'sell' for note, but their value.
Which is already written down (in value). The 'VALUE' of the loans is written down already and likely to continue. Hmmm....................
Why not TOP UP the borrowers payments whilst reducing the sum of their loans to match the written down asset value. Or in a devastated property market, give properties a reliable, legal and bankable valuation based on Insurance Rebuild value. This valuation is a requirement of all home loan lenders. It may restore liquidity to a significant number of borrowers, stabilise property value for ever and force home purchasers, builders and lenders to be honest and realistic. The value being destroyed is actually that of the home owners. Regardless of outcome, all home loan borrowers will continue with scheduled payment - which will increase - dramatically. Where as Government funds to assist THEM at like 0.5% - halts the entire problem in its tracks especially if a fair and reliable valuation of the property they own held in TRUST, provides them liquidity.

Which end does the horse go? -