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To: Mad Dog Chronicles who wrote (12192)12/30/2008 2:06:07 PM
From: TheStockHunter  Respond to of 12518
 
Big Apple puts out a monthly newsletter that provides a window into thier thinking. Here is a joke I found in their August 2007 newsletter. It is basically a synopsis of thier business plan for raising money peddling sham shell companies.
= = = = = =
Dead Donkey

A man bought a donkey from an old farmer for $100. The farmer agreed to deliver the donkey the next day. Come morning, the farmer drove up and said, "Sorry, but I've got some bad news. The donkey died."
"Well then, just give me my money back."
"Can't do that. I spent it already," replied the farmer.
The man thought about it and said, "OK, just unload the donkey."
"What're you gonna do with him?" asked the farmer.
"I'm gonna raffle him off."
"Ya can't raffle off a dead donkey!" exclaimed the farmer.
"Sure I can. Watch me. I just won't tell anyone he's dead."
A month later the farmer met up with the guy and asked about the dead donkey. "I raffled him off; sold 500 tickets at $2 apiece and made a profit of $898."
"Didn't no one complain?" asked the farmer. "Just the guy who won. So I gave him his $2 back."

= = = = = = =

BAC doesn't need live donkeys (viable companies) to raise funds. Just sell a little piece of hope to thousands of gullible investors. As long as no single investor is out more than the cost and hassle of hiring a lawyer and suing to get his money back, the risk to BAC is minimal.

What bothers me most is the cockiness of printing this kind of joke in their newsletter. Governor Blagojevich doesn't have a monopoly on arrogant corruption.