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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: Berk who wrote (9304)6/28/2002 2:06:25 PM
From: LLCF  Read Replies (2) | Respond to of 9719
 
All true, every word:

Message 17670200

Here's another one... Germany has taxes on dividends paid to foreigners. Amazingly EVERY share in the DAX ends up in Germany on dividend date.... authorities checking into it. :)

And... my alma matter [blush, embarrassed] CSFB got kicked out of Japan [even though I'm sure they followed THE LETTER of the law like all these folks do]... KICKED OUT for structuring deals for Japanese banks to puke out loans at deep losses without showing it on the books.

Derivatives are wondrous.... and EVERY major I-bank is doing it sadly.. [at least the big names].

DAK



To: Berk who wrote (9304)7/3/2002 11:52:20 AM
From: Vector1  Read Replies (1) | Respond to of 9719
 
I am not surprised. The market is governed by two factors: greed and fear. Greed caused the attempts to circumvent the law and fear is what is governing the market now.

V1