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Re: cazes1 post# 1529

Monday, 05/10/2010 11:05:31 AM

Monday, May 10, 2010 11:05:31 AM

Post# of 1731

I have no clue???? Please!!!

So you figure because a subisdiary of a group of companies just happens to be the one with the investments, you can just forget about the rest of it at the parent???? How about rechecking that Balance Sheet of yours for SALIC and telling me how come it does not have the Mezzaninine Equity, and the Perpetual Preferred??? Ohhhh, maybe something magical happened and you are very smart and just found that out??? NOOOO. It so happens that SALIC is just a subsidiary of Scottish Re, and the securities you and the rest of us are holding were issued by the latter.

You HAVE to be kidding me.

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