--- In [email protected], jyouells2000 <[EMAIL PROTECTED]> wrote: <SNIP> > I'm beginning to wonder if the $336 million loss (see posted tax > returns) is motivating this last extraction of funds before the final > pullout to India and points east (naw, that's too conspiratorial) > > JohnY
******** The "loss" you are referring to was not a loss except on paper. Hartnett gave stock in the privately-held Globalink to Maharishi Global Development, and assigned an arbitrary and absurdly large value to that stock (since it was not a publicly-traded stock, he could assign any value to it). When Globalink went out of business http://geocities.com/bbrigante/big.html , MGD could no longer list the stock, and so the paper showed a minus figure for that year, but it was not a real loss any more than it was a real gain at any time, and since non-profits don't pay federal tax, it had no impact one way or the other. To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
