Kovi
Registered User
- Feb 11, 2007
- 24,641
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OT - NO POLITICS We’ve entered the ‘ber’ months
- Thread starter Gee Wally
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I don't disagree with your analysis.
After decades of self-delusion, I am greatly heartened by the assertive tone of American policy toward China. It's about effing time.
As you say, the Chinese always play the long game, and they always anticipate contingencies and prepare alternatives.
I'm sure you've heard this one,
Q. "What do you think the consequences of the Xia dynasty (2205-1766 BC) have been on Chinese history?"
A. "It is too early to tell."
FWIW Posted on my oft neglected blog months ago,
“Sleepwalkers in the South China Sea”
https://asiatimes.com/2021/11/sleepwalkers-in-the-south-china-sea/ [Response to a recent “gathering of American conservatives” debating the possibility of war between the United States and China reg…
www.tumblr.com
I don't disagree with your analysis.
After decades of self-delusion, I am greatly heartened by the assertive tone of American policy toward China. It's about effing time.
As you say, the Chinese always play the long game, and they always anticipate contingencies and prepare alternatives.
I'm sure you've heard this one,
Q. "What do you think the consequences of the Xia dynasty (2205-1766 BC) have been on Chinese history?"
A. "It is too early to tell."
FWIW Posted on my oft neglected blog months ago,
“Sleepwalkers in the South China Sea”
https://asiatimes.com/2021/11/sleepwalkers-in-the-south-china-sea/ [Response to a recent “gathering of American conservatives” debating the possibility of war between the United States and China reg…
Having had first hand experience regarding this topic with some of the execs now with the shovels in Ohio and elsewhere for the "Old World" contingent, I'll leave it with we agree and stand down before it falls fully under the "no politics spectrum" limitations of the thread.
I grew up having an every Wednesday nuclear attack drill in elementary school and truly hope our children will never have to know that.
Terrier
Registered User
Sam Bankman-Fried paid Tom Brady $55M for a week of work, author says: ‘Tom adored him’
Author Michael Lewis said he learned of the sums that were paid to celebrities while pouring over internal FTX company documents.
nypost.com
Feel really bad for the families as well as the first responders because if that bear was still there 12+ hours later it must have been a truly horrific thing to have to experience and see the day after.
Brown bears are the real deal just like Polar bears and going out into such remote areas with conservation and repopulation of some of these animal classes really adds risk to the equation. Black bear or Moose, OK even if sketchy on a good day. Grizzlies and I'm likely packing more than repellant (which they may have had or possibly even appropriate firearms.).
Just horrible all around.
$55M buys you lots of friends....Sam Bankman-Fried paid Tom Brady $55M for a week of work, author says: ‘Tom adored him’
Author Michael Lewis said he learned of the sums that were paid to celebrities while pouring over internal FTX company documents.
Ponzi scheme using deposits to make ludicrous marketing fees to Brady and others, to draw in more deposits to blow on hedge fund bets and whims.
It was never an "empire", but always a scam of billion dollar proportions. Makes Madoff look like the minor league.
If Tom was smart he'd lawyer up (he has) - AND - have those lawyers seek a settlement but reassigning the net income off that stunt back to the shareholders who were scammed. He would take a hit but protect his brand, and could probably write off a bunch of the associated costs against future tax burdens. Depending upon how this plays out I could see him getting his TV deal cancelled and that's a lot more than the 30M or so he would need to do right by.
Will be interesting to see how hard the DA comes for the leeches on this Ponzi Scam once things come fully into the spotlight.
They did a fascinating interview with Michael Lewis about his upcoming book on SBF on 60 Minutes last night. Definitely worth checking out.Sam Bankman-Fried paid Tom Brady $55M for a week of work, author says: ‘Tom adored him’
Author Michael Lewis said he learned of the sums that were paid to celebrities while pouring over internal FTX company documents.
And no, it technically wasn’t a Ponzi scheme….Gross mismanagement? Definitely.
quietbruinfan
Salt and light
It may just be folklore but I have heard of certain grizzlies being labeled as man eaters...It's a terrible thing.
Kovi
Registered User
- Feb 11, 2007
- 24,641
- 3,091
I wrote a chapter for a collaborative book (my 3rd project) and I commissioned someone on Upwork to do an illustration that is required for the chapter. The artist is from Poland. I sent her the chapter and this is what she sent back. My brain stopped working for a second when i saw it.
Book launch is November. It's called "Imaginist".
Book launch is November. It's called "Imaginist".
Attachments
95-year-old painter threatened with eviction from Cape Cod dune shack wins five-year reprieve
Romolo Del Deo said the family opted to fight the eviction, in part because of their decadeslong connection to the Cape Cod shack.
www.boston.com
What technically made it anything other than a Ponzi scheme?
They took customer deposits.
Moved said deposits to cover bogus Opex which wasn't classified as expense.
Moved more deposits to make illegal hedge fund bets without proper accounting.
- all while taking new and ongoing deposits -
Claimed balance sheet was sane based on assets that were held in bitcoin options with no collateral.
Lied to regulators and auditors of net book value of the company as if they hadn't used their deposits elsewhere.
Lied to investors and depository clients on their holding liquidity.
What am I missing? This guy and his crew would (should) be fish food off the Bahaman coast 40 years ago but today they are just considered "bad asset managers"? And yes I believe those traders / fund managers / MBS salesmen, etc, in the S&L, 2008 MBS and other financial crisis should have been at a minimum barred from ever working in the financial services industry again. Why if a cop is discovered to have concealed evidence get's fired - but a fancy suit exec selling crap to retirement fund IRA's can just say "it was just to make a market". Those that knowingly fraud - jail and drop the soap experience - those that enable and promote - Out for ever and enjoy flipping burgers for the next 20 years.
Making it out to be "bad management....????" OMFG....
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No idea to be honest. But given the pre-hibernation effect, plus potential fight / flee with the dog they brought up there, it could be so many things that triggered what happened...
In all cases it is a horrible event and RIP to all involved.
The bear was still present and acting aggressively when rangers arrived at the scene, so they had to kill it. Very strange to have a bear behaving in such a predatory nature, but the time of year is probably a factor. Apparently the poor couple were very experienced at being in back country, knew how to take the right precautions etc. But unfortunately sometimes tragic accidents still happen. Just a very sad situation.
Yep. Mother Nature in all her forms can get us on the best of days and just bad luck to come across the path of that animal.
Watch the 60 minutes interview and then ask me that question again.
I got better things to do then debate the intricacies of what does and doesn’t constitute a Ponzi scheme on a hockey message board.
Not sure what you are suggesting with that post... I should take as gospel 60 minutes sound byte stories in lieu of jurisprudence of common law regarding fraud and racketeering?
I need to watch a TV show to corroborate your understanding of the case merits against this fraud and his cohorts?
I'm too dumb to understand the intricacies of the law so I should just pack it in and grab a bud light and a bag of chips and watch some TV show to educate me on the finer aspects of federal laws on money laundering?
I'm sure it's something like that. By the looks of your profile you're in commercial real estate. So let me ask you this. You put a purchase option on a property with supposed full title rights. Close the deal, send the money. Only to find out that the seller took your money, put the title illegally as collateral, lost his bet in vegas, never informed you as asset owner you were under water, and when you went to sell the property you found he gave half to his friends, the other 40% to cool sponsors, and 10% into a MBS that he lost his bet on in Vegas and had nothing to do with your house and had no value...
Maybe we're making mountains out of molehills but call that whatever you want, as long as it isn't "gross mismanagement". Seriously if you can't tell the difference between Fraud and Mismanagement I'm going to have evermore look at you like this:
JOKER 192
Blow it up
Welcome to the land of mute Rocco. Good luck in your business and hopefully you aren't negatively impacted by clients exhibiting gross mismanagement in their dealings with you.
Bocephus86
Registered User
SBF did an interview with Mark Levine a while ago, and in attempt to explain how FTX worked, literally described a ponzi scheme.
The Cave now has fibre- optic wifi....
I just bought Phantom of the Opera (2004) and watched it.....
...all is well with the world.....Thank the Maker....
I just bought Phantom of the Opera (2004) and watched it.....
...all is well with the world.....Thank the Maker....
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