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To: Brilliant
We are being asked to continue to "invest" in a "company" which pays 2% return, has a huge contingent liability which exceeds total current equity, is 100% leveraged, pays zero dividends, couldn't get a loan from a bank because of fiscal irresponsibility, is in a loss position, and if any of its investors die prior to payout, retains the stock by default.

Great investment.

5 posted on 01/25/2005 5:46:26 AM PST by wayoverontheright
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To: wayoverontheright

Not only that, but now they want us to pay an additional 4.5% for the same "wonderful benefits."


18 posted on 01/25/2005 6:00:26 AM PST by Brilliant
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To: wayoverontheright
We are being asked to continue to "invest" in a "company" which pays 2% return, has a huge contingent liability which exceeds total current equity, is 100% leveraged, pays zero dividends, couldn't get a loan from a bank because of fiscal irresponsibility, is in a loss position, and if any of its investors die prior to payout, retains the stock by default.

Great summary. Where do I sign up? Oh wait...

66 posted on 01/25/2005 10:03:19 AM PST by facedown (Armed in the Heartland)
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To: wayoverontheright

well put


68 posted on 01/25/2005 10:34:01 AM PST by Teacher317
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