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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (5367)	7/6/2010 3:14:04 PM
From: Boca_PETE	2 Recommendations Respond to of 10065

"My apology for over estimating your abilities." How insulting, but I always consider the source. "Read this again but carefully." I read it (your links and yyour post) again carefully. - No place does the material linked to say that Brinker has any financial interest in Genworth as "a partner",or, as a shareholder. - It says "Brinker has partnered with Genworth to provide a service". To me, that means he signed a contract with this firm to provide advice, including referrals and is compensated accordingly (ie. Service fee plus a per referral commission of some sort). Afterall, Brinker sold his owned BJ Group to Genworth. Separate and apart from the above, I previously said I belief the plaintiff will prevail at least against GENWORTH if they prove that GENWORTH's advertising and sales material guaranteed investments managed by GENWORTH would be entirely managed per Brinker's advice per his timing model etc. So I think it's you who just doesn't get it, not me! P

To: Kirk © who wrote (5367)	7/6/2010 4:53:04 PM
From: marc ultra	3 Recommendations Read Replies (1) \| Respond to of 10065

I thought the arrangement was originally made with GE Capital. If that's correct then when GE spun off Genworth I guess this was stuck in with the insurance and other stuff. It could be that once Genworth got control they wanted to do stuff like stick their own funds in. I don't know what the working relationship was between GE and Bob but I suspect it was good and things became murky when Genworth took over. They were probably all still contractually obligated to each other but it looks like things may have fallen apart with Genworth and Bob. Sticking Genworth funds in the portfolio doesn't sound like something Bob would choose to do.