SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: i-node who wrote (419395)9/24/2008 11:58:23 AM
From: combjelly  Read Replies (1) of 1574678
 
"In fact, the allegation is demonstrably false."

Not exactly the case. All we have is Mr. Davis' word. And that hasn't exactly been sterling. He, for example, has been claiming until the article came out that he hasn't had any contact with Freddie Mac since 2005. Personally, I think $150000 a month is contact.

So, is he telling the truth at the moment? Who knows?

And that also ignores another issue. He is still part-owner of the company regardless of whether or not he is getting any cash from it at the moment. And $15000 a month for no expenditure of resources by the firm has added value to it.

Giving that Mr. Davis has done his best to obscure his relationship with Freddie Mac, like why his firm was being paid $15000 a month in the first place, taking him at his word is a fool's gambit.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News