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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Alan Whirlwind who wrote (7790)9/15/1999 8:21:00 AM
From: long-gone  Read Replies (1) of 81137
 
read the article with care, the "Princeton Bonds were paying 4.5%. As long as he could borrow gold at 1-2% everything was fine. As gold lease rate has gone up to even 3-4% there was not enough there to service the thing & to pay the bonds, and to pay the bank. So, he had to pull the Ponzi thing where he got new investors to dump money in so he could pay the older bonds coming due. I'd bet when dollar fell Vs Yen, it further laid waste to him.

If I had the money, I'd go to N.Y., grab the SOB Armstrong, take him to a sleeze ball hotel or out in the country, spend 6-8 days breaking toes, fingers,... with a ball peen hammer until he told the whole story. Good thing the Mutha Fuckers were able to break me?Na, not really, but I'd do it in my mind for days. These bastards should catch some very bad shit.
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