--- In [email protected], "Cliff" <[EMAIL PROTECTED]> wrote: > Precisely zero, I believe is Peter's point.
Com'n...certainly we can assign SOME sort of discount factor to those bonds, no? 50%? 10%? Even 1%? Well, maybe you've got a point. At 1%, they'd be worth $6,000,000,000 and I'd be hard-pressed to imagine anyone paying even that much. Assuming the colatteral for the bonds would be the worth of the TMO and assuming that to be about (and this is a complete guess) $1 billion, then the discount factor for the bonds would be about 0.175%. > > --- In [email protected], "shempmcgurk" <[EMAIL PROTECTED]> wrote: > > --- In [email protected], Peter <[EMAIL PROTECTED]> > > wrote: > > > > > > > > > --- Rick Archer <[EMAIL PROTECTED]> wrote: > > > > > > > on 8/11/05 5:35 PM, Peter at > > > > [EMAIL PROTECTED] wrote: > > > > > > > > > Vedic bonds? I don't think so! No reputable or > > > > > disreputable financial institution is going to > > > > touch > > > > > anything in the movement. They'll do their due > > > > > diligence and very quickly conclude that the TMO > > > > and > > > > > MMY are profoundly unstable and an exceedingly > > > > high > > > > > financial risk. > > > > > > > > Reminds me of something I heard Benny Feldman say on > > > > the KHOE radio station > > > > here. He was pitching some sort of world peace > > > > bonds, and saying that they > > > > were a safe investment because they were backed by > > > > the Raam. > > > > > > That's hilarious! The TMO couldn't even issue junk > > > bonds because their financial rating would be so > > > low...low? It's not even on the chart! > > > > > > > > So...TM bonds with a face value of $600,000,000,000 would yield how > > much on the open market? > > ------------------------ Yahoo! Groups Sponsor --------------------~--> Get fast access to your favorite Yahoo! Groups. Make Yahoo! your home page http://us.click.yahoo.com/dpRU5A/wUILAA/yQLSAA/JjtolB/TM --------------------------------------------------------------------~-> 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/
