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Re: skibum2k post# 12550

Sunday, 06/19/2011 8:42:28 AM

Sunday, June 19, 2011 8:42:28 AM

Post# of 12981
Not to mention that were it not for jersey...

GIVING HOURS of his time using his accounting skills
...

ol' incompetent Gil would not have a prayer of getting GSII (or whatever HIS non-trading enterprise is now called) cleaned up enough that a REAL, respectable partner would even take a look at it to collaborate in a Joint Venture.

Moreover, jersey is getting "paid" in shares... or "promises of shares" since we know broke-ass ol' Gil can hardly afford (to pay cash for) breakfast at MickyD's (without panhandling for the money)...

IOW, if this does not work out after a long wait and cleaning up years of financials, jersey will get nothing... just like the rest of the longs who have been waiting.

"I call investing the greatest business in the world because you never have to swing... All day you wait for the pitch you like,... The problem when you're a money manager is that your fans keep yelling, 'Swing. you bum!'"
W. Buffett

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