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Re: nyquist post# 87503

Tuesday, 08/21/2007 4:30:32 PM

Tuesday, August 21, 2007 4:30:32 PM

Post# of 114954
Panamersa does not earn money on it's own. They are a holding company....so yes...they are reporting the earning of the companies they hold. The earnings belong to Panamersa but they did not "earn" the money. The companies they hold earned the money...and those companies have a right to privacy since they are part of a Panamanian foundation.....got it?
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