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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Riskmgmt who wrote (50173)	5/17/2009 5:25:14 PM
From: RJA_	Read Replies (1) \| Respond to of 217917

Bill Black at University of Iceland, two parts. Bill is off shore here, and is letting his hair down a bit... not being on CNN or CNBC, he is not worrying about offending anyone of "importance" I think: Control fraud as it relates to the current lending crisis: Part 1: larahanna.blog.is Part 2: larahanna.blog.is "Control frauds produce greater losses than all other forms of property crime combined." "Also maims and kills by producing and selling unsafe products." Control fraud peaks at the CEO. The art form is to suborn controls. Turn watch dog into ally. Courtesy: Naked Capitalism

To: Riskmgmt who wrote (50173)	5/17/2009 7:55:07 PM
From: TobagoJack	Read Replies (1) \| Respond to of 217917

hello riskmgmt, i think we all own real estate in an effectively lease form one way or another when taking all costs into consideration and factor in rollover into equation i.e. it takes ten-twenty thousand per annum of property taxes and several percentage points of death tax to secure continuing claim to real estate of say 1 mil anywhere in usa, and it take about 1 thousand to secure same in hk, plus a few tens of thousand to rollover the lease for another 99-999 years depending on area, thus of the two schemas, i prefer the latter