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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (2485)	6/22/1998 4:18:00 PM
From: Joseph G.	Read Replies (1) \| Respond to of 86076

Look under #401. <<By Ellen Wulfhorst NEW YORK, June 22 (Reuters) - New York City is sitting on a pile of money that it just can't get rid of. The Department of Transportation has collected 17,500 pounds (7,955 kg) of foreign coins that were illegally deposited in the city's parking meters. But so far, there have no takers for the heap of money -- which the city has been trying to sell for $1 a pound, department spokesman David Billig said on Monday. The hoard consists of well over a million coins, from 62 different countries, collected from the meters over the past four years, he said. To discourage the practice of using foreign coins as slugs, the transport department would not reveal exactly where the coins were from. Most don't work and simply jam the meters, Billig said. The city has been advertising the coins in the official journal used to publish bids and contracts. "The way we have to look at this is they're collecting dust and worth nothing," Billig said. Cashing in the coins for U.S. currency is not an option. Not only would separating the coins be a daunting task, but most banks will accept only bills for conversion, he said. "Imagine us walking in there with (all those) loose coins," Billig said. "They're very happy to turn us away." Considering each coin was used in the place of a quarter, the money represents a loss to the city of more than $250,000, about one day's takings from New York's parking meters. The transportation department will likely continue to advertise for a buyer, but donating the pile might be a possibility, Billig said. "If someone wanted to buy them and melt them down, they could make something out of them, or somebody could make holes in them and make costume jewelry," he said. "Or they could be a very good math tool for schoolchildren." The use of foreign coins as slugs had declined as mechanical parking meters have been replaced in some neighborhoods with more high-tech electronic meters, he said.>>

To: MythMan who wrote (2485)	6/22/1998 4:50:00 PM
From: John Dally	Read Replies (1) \| Respond to of 86076

Pssst, Pete, just between us, Don't you know that our beloved Joseph G. is actually Abbey Joseph Cohen of G.oldman Sachs? SI is Abbey's chance to come out of the closet and frolic with the bears. (And you know us bears are more fun than those hard-headed bulls.) You see, all that smiley face TV optimism is driving her nuts. Unfortunately, she has to keep the bull market running so she can keep her job and save enough money for new clothes and make-up. Here's the PROOF: 1. Have you ever seen "Joseph G." make a post on SI while Abbey Cohen was being interviewed? 2. Abbey said she loved POS (alias MU), "Joseph G." on SI hates POS. (See what I mean?) 3. Does "Joseph G." know all about the markets? Yes, same as Abbey. If you want conclusive proof, just ask "Joeseph G." whether "he" wears make-up. If "he" say's no, we'll know for sure it's Abbey. But remember Pete, this is just between us, OK? (I don't want to get "Joseph G." in a grumpy mood where she goes away again.) And remember, if we ask her to fess up, you can bet she'll deny everything. Goldman Sachs employees aren't allowed to romp with the bears.