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To: Rarebird who wrote (50656)3/21/2000 5:31:00 PM
From: re3  Read Replies (1) | Respond to of 116796
 
re franco, yeah, thats been talked about on the thread on si here but they haven't moved on it (or at least aren't talking about it publicly to my knowledge). i doubt they'd go on the nasdaq.

you can call them in toronto, and ask them ! i've spoken to them a few times and posted my responses on the fn thread. i verified that a particular fund had a significant holding in fn. having said that, they also are loaded up with banks, berkshire, fairfax, etc. many of these have not performed well lately and so, mutual fund groupies have sold it off in search for the latest hot dish. this means the fund would have had to sell off f.n. to match up with the redemptions. on the surface i'd say this means we have a lovely opportunity to buy or buy more, but i am worried that a big kahuna will cause a bigger selloff in that fund and thus cause the need for more shares to be liquidated. i know you and i have deep pockets <G> but we can't buy ALL these shares !

i believe their annual meeting is in june ? maybe you want to fly in for it ? if you are nice to me i might buy you a falafel after the 'big show'

ike



To: Rarebird who wrote (50656)3/22/2000 10:00:00 AM
From: long-gone  Respond to of 116796
 
OT
but contains important thought stream:

Ron, you might also chime in...

UN Sovereignty Report Called "Outrageous"
By Ben Anderson
CNS Staff Writer
21 March, 2000

(CNSNews.com) - A report published by the United Nations which says that countries "can temporarily forfeit sovereignty on humanitarian grounds" is drawing sharp criticism and being called "outrageous" from Washington insiders concerned that the organization has taken a shallow view on the sovereignty of individual nations.

"This is completely outrageous," one United States Senate source told CNSNews.com. "This study fails to understand reality. The United States is the world's only superpower and all this huffing and puffing about multi-lateralism is just that."

The study - actually a collection of viewpoints -- is called "Kosovo and the Challenge of Humanitarian Intervention." It is billed as "a compendium of authoritative viewpoints" on NATO's assault of Kosovo - the problems presented, the lessons learned, and follow-up steps to be taken.

According to the study conducted by the United Nations University (the organization's "think tank"), the implication of the 1999 NATO military intervention by in the Kosovo crisis is that "nations can temporarily forfeit sovereignty on humanitarian grounds."

Cato Institute's Vice President for Foreign Policy and Defense Studies, Ted Galen Carpenter, offered his concerns about the study's ramifications.

"My initial reaction is that it is an extremely pernicious document; that it's yet another trial balloon to advance the so called global governance cause," Carpenter told CNSNews.com. "It's also another trial balloon to try to dilute the veto power of the permanent members of the Security Council or eventually get rid of it entirely."(cont)
conservativenews.org\Global\archive\GLO20000321i.html