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Alias Born 10/17/2006

Re: Fhal or Die trying post# 107057

Friday, 10/20/2006 4:16:35 PM

Friday, October 20, 2006 4:16:35 PM

Post# of 169297
You've supposedly got eight billion dollars in bonds. You carry them on your books at cost. So they paid eight billion for them right? Unrealized gains aren't on your balance sheet, so if they bought them for a buck, and they went up in value to eight billion dollars the next day the wouldn't have eight billion in assets until sold and received real money for them and paid taxes on the gain. This is all elementary accounting.

So, again I ask, where did the eight billion come from?

Magic. Right? LOL!

The stock is up two cents today so you don't care. That's the truth, isn't it, you idiot?

LOL!

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