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Re: wall_street61 post# 46214

Thursday, 10/29/2009 12:35:40 AM

Thursday, October 29, 2009 12:35:40 AM

Post# of 67237
Yup, so then tack on about $2 per share for devaluation of the US dollar which inflates the value of Chemtura's foreign assets in US dollars, and you're at about $5.50 per share.

Now think about how much money has been doled out by our government in the last year, and then remember about the $l34 BILLION dollars if US treasury bonds them I-talian's found on them Japanese guys in the Alps at the swiss border a few months ago, and the rapidly squelched firestorm of questions surrounding how that came to pass. Isn't it funny how quiet that all is now, and those questions STILL haven't been answered!

http://www.timesonline.co.uk/tol/news/world/europe/article6507161.ece

Now them I-talian guys ain't stupid, they only seize 40% of what they catch smugglers with, and the smugglers know that and that is why that route has been soooo popular since WWII. So what do you think, is it worth being that careful with counterfeit bonds?

A wise man once told me that in Heaven they have British Police, French Cooks, German Soldiers, and Italian Lovers; but in Hell they have Italian Police, British Cooks, French Soldiers, and German Lovers.

I don't know about you guys, but I'm not converting my Chemtura shares into dollars anytime soon.

As Warren Buffet says, "You can't really see who's been swimmin' naked until the tide goes out."

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