News Focus
News Focus
icon url

DownWithPumpers

10/20/06 4:16 PM

#107068 RE: Fhal or Die trying #107057

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!