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To: elmatador who wrote (41370)11/13/2003 6:15:33 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi Elmat, <<does this qualifies as looting?
Nomura can settle deal with worthless shares>>

... to me, looting is something gloriously honorable, involving bravery, strategem, timing, and luck.

Nomura, an organization I have some experience with, is just a cheap sordid aggregation of human slugs running frauds and exploiting the weak. So ... fraud is dishonorable; looting is supreme :0)

Chugs, Jay



To: elmatador who wrote (41370)11/13/2003 9:55:49 PM
From: Raymond Duray  Respond to of 74559
 
elmat,

This Nomura transaction reminds me of the negotiations between the Bush Administration and Turkey last February and March. As you might recall, Bush was offering about $26 Billion in various loans, loan guarantees, grants and other emoluments for Turkey to allow passage of U.S. military assets across the country. The stumbling block came in when Turkey demanded cash up front, and the Bush's teams bluff got called. <gg>


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