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To: Dark Skies
"Beth just responded to a caller who asked what happens to the money if Natalee is not found. Beth stated that the money would come forth when Natalee is returned safely in their arms.

"466 posted on 07/25/2005 6:30:18 PM PDT by TexKat"

Nonsense...a mother doesn't put a reward out there that might result in the saving of her daughter if the only evidence is an IOU.

But she did according to the post above and you do not know what you're talking about. There is a legal obligation by the donor to pay the amount he promised if Natalee is found alive. The fund has already been credited with an asset by the same amount as the promise made by the donor. The promise to pay (IOU, or Liability or whatever you want to call it) is as good as cash. In fact such a promise has a 100% probability of collection unlike, say, a receivable.

532 posted on 07/25/2005 7:56:18 PM PDT by TAquinas (Demographics has consequences)
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To: TAquinas

An IOU of course is only as good as the financial condition of the person who presents it. That's why I think they know who the person or company is that has offered that money.


537 posted on 07/25/2005 8:01:06 PM PDT by Dolphy
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To: TAquinas

Could Jossy be the donator? Wonder why its anonymous.


538 posted on 07/25/2005 8:03:45 PM PDT by Rippersnapper (Personal accountability doesn't begin and stop with the other person.)
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To: TAquinas
The promise to pay (IOU, or Liability or whatever you want to call it) is as good as cash. In fact such a promise has a 100% probability of collection unlike, say, a receivable.

Bugger off...I am not taken in by your naivete as are some here. They have not seen your ugly side...I have.

Go away and leave me alone

539 posted on 07/25/2005 8:04:11 PM PDT by Dark Skies ("The sleeper must awaken!")
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