Got a question for my edumacation. How long does it take the FDIC to get in, make over, and get out of a bank? I want to see the chart porn of estimated costs to FDIC vs. actuals of all these takeovers.
hot as hell today here...
I see Iran is threatening executions... wonder if they do that as quickly as the Chinese?
odd, no death penalty in Cambodia... told you that story of the NGO that was set up
thru the Vatican to wash arms sales money (Vatican didn't know), the guy was Italian
and had an American in the scheme... they get a phone call which tells them to return
every dime, they panic and try to cross the border into Thailand... the Italian gets nailed and the
American runs back to Phnom Penh...
Italian only has to return money but American
sat around drinking bottle after bottle of wine
sweating bullets ... finally got picked up by Cambodian police,
sitting in prison for 50
....
transactions were in the tens of millions, but the moment they withdrew their
cut was the moment they got the phone call...
....
know the owner of the bar where that Jewish guy was doing the sweating...
he saw him day after day almost trembling... and asked him...
I was trying to tell this story short hand.
These two guys, one of which is a legit Italian arms dealer, the other is
some Jewish guy from NYC. The Italian sets up an NGO through the Vatican
and then they start doing arms transactions which unknown to them are
being tracked... this sales are in the tens of millions. When they decide to take
out there cut they get THAT phone call, return the money now... or else...
They freak and run to the Thai border and the Jewish sees his friend nabbed
in front of him and spins around and heads back to Phnom Penh awaiting the
inevitable, drinking 3 or 4 bottles of wine a day. And they pick him up and give him
50 years
no... because the Vatican was involved unwittingly the Italian authorities let him
walk as long as every dime was returned...
look, the Jewish guy, a longstanding friend, had no Vatican to hide behind...
that's why the embassy basically blew him off... and he;s doing 50
and if he gets out sooner he'll be tried in USA
I met a guy who's family owned companies with 16 thousand employees during the Shahs reign in Iran. They were quite close to the Shah himself. He spent several years on the run before finally escaping and making his way to the US. Several of his friends were caught and killed. The stress of being on the run going from safe house to safe house almost killed him.
poic - you might enjoy reading Dan Neil, the automotive writer for LA Times. He's like the Tanta of car reviewers - hilarious, evocative, knowlegeable.
The 2010 Panamera sedan is filled with luxury and speed. But compared with a 911, this thing handles like well-upholstered field artillery.
Feckless, do you ever watch Jeremy Clarks show? You have got to watch he one where the three ofv them have a bet as which one can spend at most 500 pounds on a car race it on a weekend circuit and then not only drive to the British concours but enter and have their car graded. The look on the judges face when the popped the engine hood was priceless.
poic...
these guys didn't seem to have a Plan B... like hire a boat and get into Thailand like that...
tried to cross at Poipet overland...
...
this Italian guy set this up in Italy... the Vatican was never brought in to it, that was the leverage this guy
had in the end, too bad for the American
...
my friend said this guy was literally shaking and sweating daily and finally he got worried about him
and asked if he was ok...
The FDIC must be asking a lot of banks "hey, if So-and-So Community Trust Bank were to, you know, quote-unquote 'fail', would you be interested in bidding on the deposits? You know, just in case, like hypothetical?"
If I was a bank, and the FDIC was not asking me if I was interested in acquiring the deposits of another institution, I'd be a little worried.
I am beat... must go.
but I got this wild story from last Dec about this SAS guy who was trying to set up his own 'clean' Blackwater... he is attached to the World bank
and hired me to do this Db...
The "quality" and "integrity" of Youngstown officials is one reason that the city never recovered from the loss of the steel industry. No one was crazy enough to try and start replacement businesses in that environment. Better to go to another county or state.
AllenM writes:
RMBS space should begin quaking any moment. I will note down at the 20% number we are talking serious damage to almost all of the adjustable rate loans sold...so if you can't maintian an orderly market you get killed by the appraiser on the refi and mail the keys back to the adj loan boys- or cram them down into a sizeable loss as the get adjusted into a makeable fixed vs jinglemail.
I remember the early 90s- sold my mreits stuff this summer as it seemed to be peaking. alpha seeking fools will find nothing but losses as far as the eye can see.
AllenM | 10.24.06 - 4:49 pm | #
non-governmental organization, almost always charity-oriented
Yeah, makes you wonder about that arms for charity deal. I guess the CIA doesn't qualify as nongovernment although they used to pass out weapons like candy..
The Buddha mentions four specific activities that harm other beings and that one should avoid for this reason: 1. dealing in weapons, 2. dealing in living beings (including raising animals for slaughter as well as slave trade and prostitution), 3. working in meat production and butchery, and 4. selling intoxicants and poisons, such as alcohol and drugs. Furthermore any other occupation that would violate the principles of right speech and right action should be avoided.
///////
Of course, repressive regimes in 3d world shitholes constantly accuse NGOs of really working for some or another meddling and/or profiteering western entity. who knows, they may be right some of the time.
I read that link a couple of years ago but it was good to re-read it. The "Emptiness" and iterative nature of emptiness as a recursive function was interesting and useful. I pondered it for an hour and then bound it together with some fragmented concepts into a flow -.
Infinity ->
Bipolar model of self and universe ->
self & others as two domains ->
Schramm Model ->
Reflective Model ->
Mind over matter ->
Self-fulfilling prophecy ->
Eightfold path ->
Size of complexity vs size of mind ->
Model of attributes + behavior ->
Nature of models is to deceive ->
Complexity modelled as differentiation ->
Dilution of Context to emcompass greater levels of reality ->
Which I can now bind back to design patterns & implementation.
The Western religions have "commandments" for a reason.
I watched a special about Michael Jackson.
I listened to Lisa Prestley's comments on their marriage.
Some paths are a matter of choice.
some paths appear to be a choice but are immutable.
I suppose the theory of the eightoldpath is that we possess free will.
Color me skeptical.
Outcomes flow from sequences of events triggered one into another.
A state may be undesirable but mandatory to reach a Reality where it ceases to be.
You can't make omelette without breaking a few eggs.
Is the answer to stop eating omelettes?
Even if we knew The Answer, could we know it without breaking a few eggs first?
Things that give you less confidence in the Obama administration -- from an AP story:
White House spokesman Robert Gibbs said early this week that the president expects the nation will reach 10 percent unemployment within the next few months. In January, President Barack Obama's economic team predicted unemployment would rise no higher than 8 percent with the help of $787 billion in new government spending. The unemployment rate in May reached a 25-year high of 9.4 percent. Obama aides have said that the economy took a turn for the worse since their initial forecast.
good morning all
5 banks! totally missed #5.
i know that 3 of the 5 were state charters #1,2&5. are state charters easier than national? just wondering.
iceman did you really think that it would make any difference who got in the white house? they can only follow the path that was set.
now that ought to wake people and another thing at least someone is saying something and joe12pack is catching on real fast.
Iceman, I've never had confidence that Obama's proposed solutions would solve our problems. I did and do have some hope that, when everything has more clearly gone to hell in six or eight months he will have the clarity to cut loose his Wall Street pals and go populist. Because doing otherwise would be political suicide. And he's a political animal above all.
Unless of course he's truly "owned" already, and will stay owned. In which case, all I could say is that Hoover 2.0 has very nice manners.
Wow! I missed out on the BFF record last night. Life here got interrupted with a cable and power outage while mother nature ripped through town with a couple off small tornados. Rail cars blown off the tracks at the yard, some roofs, windows, tree, car damage. No one reported hurt.
as I remember they set up the NGO as front... Cambodia is to NGOs what Chicago was to gangsters..
then they made a series of arms deals (the Italian had been selling arms legit for years) tens of millions...
what is unclear and I hope to find out if they were washing someone else's money or the deals were to
the wrong players in that game but they were tracked from the get-go...
but the moment their 5% was withdrawn they got the phone call...
and Panicked.
doesn't sound like it, the Italian guy who was nailed at the border by Thai police, returned the money
and walked... otherwise Roma would have to call the Vatican... think of the embarrassment...
his Jewish friend had no ace, the embassy made him persona non grata
might be worth a trip to the prison here to see if I can interview this guy...
he's in for 50 years... what's he got to lose? (sell him the sizzle... and then
sell him out like Capote did to Perry Smith)
had dealing with two embassies around that area, manila was great, the one in seoul was not. made me feel like i was second class citizens, nasty man. long time ago but i figured out what they thought about us citizens. they dont(didnt) like us.
A pox on both their houses.
I think I broke CR.
It must be that famous British humor that is lost on us Yanks. (Except for Monty Python.)
I think I broke CR.
I did that to the Internet once. Dman embarassing - folks noticed.
It looks like the excite of 5 BFs wore everybody out
Now when I hear Les Miserables, I'm going to think of Brown. Gee, thanks.
Less Miraebles
Dumpy broad sings lousy song from crappy musical.
Labor! damn limmeys
A very appropriate musical for the Labour Party.
It looks like the excite of 5 BFs wore everybody out
No, everyone's passed out from all the drinking.
Got a question for my edumacation. How long does it take the FDIC to get in, make over, and get out of a bank? I want to see the chart porn of estimated costs to FDIC vs. actuals of all these takeovers.
And how come the "Online Users" shows Nemo twice and he didn't Nemo this thread?
Maybe I just got back from a long dinner.
And how come the "Online Users" shows Nemo twice and he didn't Nemo this thread?
How many drinks have you had?!?
Pigged and Nemo'd are going to show up in Webster's, one of these days.
How many drinks have you had?!?
Clearly not enough. I can still type.
hot as hell today here...
I see Iran is threatening executions... wonder if they do that as quickly as the Chinese?
odd, no death penalty in Cambodia... told you that story of the NGO that was set up
thru the Vatican to wash arms sales money (Vatican didn't know), the guy was Italian
and had an American in the scheme... they get a phone call which tells them to return
every dime, they panic and try to cross the border into Thailand... the Italian gets nailed and the
American runs back to Phnom Penh...
Italian only has to return money but American
sat around drinking bottle after bottle of wine
sweating bullets ... finally got picked up by Cambodian police,
sitting in prison for 50
....
transactions were in the tens of millions, but the moment they withdrew their
cut was the moment they got the phone call...
....
know the owner of the bar where that Jewish guy was doing the sweating...
he saw him day after day almost trembling... and asked him...
Many sirens on my block - probably paramedics but must go see.
Nemo - you let us know when you're sure whether you just got back from dinner.
Nemo had trouble with Sirens too as I recall.
Susan who?
Shpongle - Beija Flor
American embassy to guy in prison, hey,
we don't know you...
while the Italian guy is back in Italy engaged again in legitimate arms dealing
Duke, you tell great stories. I don't completely understand them, but they're fascinating.
Entheogenic - Ground Luminosity
Online User: "Conjure Colostomy Bag"
?
Damn, Feckless, that's a thread killer if there ever was one.
NPR did a fawning story about the FDIC as elite commando unit.
I was trying to tell this story short hand.
These two guys, one of which is a legit Italian arms dealer, the other is
some Jewish guy from NYC. The Italian sets up an NGO through the Vatican
and then they start doing arms transactions which unknown to them are
being tracked... this sales are in the tens of millions. When they decide to take
out there cut they get THAT phone call, return the money now... or else...
They freak and run to the Thai border and the Jewish sees his friend nabbed
in front of him and spins around and heads back to Phnom Penh awaiting the
inevitable, drinking 3 or 4 bottles of wine a day. And they pick him up and give him
50 years
Re : bugatti veyron
jeremy Clark has a great video article on test driving it. Pron on wheels for car afficiandos though I believe each wheel is 20k to replace.
So the Italian guy dimed him off to keep his cut too? Am I close?
no... because the Vatican was involved unwittingly the Italian authorities let him
walk as long as every dime was returned...
look, the Jewish guy, a longstanding friend, had no Vatican to hide behind...
that's why the embassy basically blew him off... and he;s doing 50
and if he gets out sooner he'll be tried in USA
Duke,
I met a guy who's family owned companies with 16 thousand employees during the Shahs reign in Iran. They were quite close to the Shah himself. He spent several years on the run before finally escaping and making his way to the US. Several of his friends were caught and killed. The stress of being on the run going from safe house to safe house almost killed him.
Gave me shivers just listening.
poic - you might enjoy reading Dan Neil, the automotive writer for LA Times. He's like the Tanta of car reviewers - hilarious, evocative, knowlegeable.
The 2010 Panamera sedan is filled with luxury and speed. But compared with a 911, this thing handles like well-upholstered field artillery.
Porsche wraps a 4-door hulk in racy corset - Los Angeles Times
stories like this just point out how crazy the world really is.
We live in hell, but just don't know it.
Entheogenic - Habitual Overtones
barfly - trippy music. Makes me wonder what CSC is up to.
Duke - there are Vatican authorities in Cambodia??
CSC is in all of us. Open your mind.
Entheogenic - Pagan Dream Machine
Yeah, I really miss CSC. He was hilarious.
Feckless, do you ever watch Jeremy Clarks show? You have got to watch he one where the three ofv them have a bet as which one can spend at most 500 pounds on a car race it on a weekend circuit and then not only drive to the British concours but enter and have their car graded. The look on the judges face when the popped the engine hood was priceless.
poic...
these guys didn't seem to have a Plan B... like hire a boat and get into Thailand like that...
tried to cross at Poipet overland...
...
this Italian guy set this up in Italy... the Vatican was never brought in to it, that was the leverage this guy
had in the end, too bad for the American
...
my friend said this guy was literally shaking and sweating daily and finally he got worried about him
and asked if he was ok...
poic,
TopGear is hilarious, and they really give the cars a thorough thrashing. Good stuff.
The FDIC must be asking a lot of banks "hey, if So-and-So Community Trust Bank were to, you know, quote-unquote 'fail', would you be interested in bidding on the deposits? You know, just in case, like hypothetical?"
If I was a bank, and the FDIC was not asking me if I was interested in acquiring the deposits of another institution, I'd be a little worried.
Top Gear - great show. I've only caught a couple of episodes.
Wait for the FDIC to expand its protection racket from banks and corporate bonds to the army (Monty Python):
YouTube - Monty Python - Mafia
Feckless Ness,
How does your taste run in cars? My wife wants an R8, or at the very least a low-mileage NSX-T. I'm still working on it, of course.
tequila was good rocket fuel
"http://www.timesonline.co.uk/tol/driving/jeremy_clarkson/article5292547.ece"
Jeremy Clarkson has a great article on the fall of capitalism after visiting Ireland last year. Really nails what is happening.
I wonder when they'll put Obama's rise and fall to music. What will that music be? Bohemian Rhapsody?
;0
TJ, my taste runs to sleek and sporty, but I drive a Prius. I sat in a Lola, once - does that count?
T-70? Bitchin!
@poic,
Thanks for that Jeremy Clarkson link. I laughed, I cried, I reflected on what the hell a Vauxhall was. It blew my mind all over Ireland.
TJ, I'm not sure what she was, but she looked more like a T160.
Suit alleges improprieties in property appraisal - Local & Regional News - Vindy.com, The Vindicator
Interesting story from my craphole part of the country about possible property appraisal fraud.
Ireland's also in the news for racial violence directed at Romanian immigrants in Belfast. Guess they were more welcome before the economic crisis.
jlr (profile) wrote on Fri, 6/26/2009 - 10:25 pm
I wonder when they'll put Obama's rise and fall to music. What will that music be? Bohemian Rhapsody?
"Crawling From The Wreckage."
TJ, S2000. Nearly as much fun as the NSX and far less trouble.
I am beat... must go.
but I got this wild story from last Dec about this SAS guy who was trying to set up his own 'clean' Blackwater... he is attached to the World bank
and hired me to do this Db...
The "quality" and "integrity" of Youngstown officials is one reason that the city never recovered from the loss of the steel industry. No one was crazy enough to try and start replacement businesses in that environment. Better to go to another county or state.
Treasury Secretary announcements (Monty Python):
YouTube - Monty Python Airplane Pilots
Bruce Springsteen - Youngstown
I hurt myself today....
http://www.youtube.com/watch?v=iFx2TmQfM-o&NR=1
What's an NGO?
non-governmental organization, almost always charity-oriented
This is for Citizen AllenM
AllenM writes:
RMBS space should begin quaking any moment. I will note down at the 20% number we are talking serious damage to almost all of the adjustable rate loans sold...so if you can't maintian an orderly market you get killed by the appraiser on the refi and mail the keys back to the adj loan boys- or cram them down into a sizeable loss as the get adjusted into a makeable fixed vs jinglemail.
I remember the early 90s- sold my mreits stuff this summer as it seemed to be peaking. alpha seeking fools will find nothing but losses as far as the eye can see.
AllenM | 10.24.06 - 4:49 pm | #
non-governmental organization, almost always charity-oriented
Yeah, makes you wonder about that arms for charity deal. I guess the CIA doesn't qualify as nongovernment although they used to pass out weapons like candy..
eh, guys that make a living selling weapons aren't on the top of my sympathy list.
The Eightfold Path
The Buddha mentions four specific activities that harm other beings and that one should avoid for this reason: 1. dealing in weapons, 2. dealing in living beings (including raising animals for slaughter as well as slave trade and prostitution), 3. working in meat production and butchery, and 4. selling intoxicants and poisons, such as alcohol and drugs. Furthermore any other occupation that would violate the principles of right speech and right action should be avoided.
///////
Of course, repressive regimes in 3d world shitholes constantly accuse NGOs of really working for some or another meddling and/or profiteering western entity. who knows, they may be right some of the time.
The eightfold path is a template of suggestions.
I read that link a couple of years ago but it was good to re-read it. The "Emptiness" and iterative nature of emptiness as a recursive function was interesting and useful. I pondered it for an hour and then bound it together with some fragmented concepts into a flow -.
Infinity ->
Bipolar model of self and universe ->
self & others as two domains ->
Schramm Model ->
Reflective Model ->
Mind over matter ->
Self-fulfilling prophecy ->
Eightfold path ->
Size of complexity vs size of mind ->
Model of attributes + behavior ->
Nature of models is to deceive ->
Complexity modelled as differentiation ->
Dilution of Context to emcompass greater levels of reality ->
Which I can now bind back to design patterns & implementation.
The Western religions have "commandments" for a reason.
I watched a special about Michael Jackson.
I listened to Lisa Prestley's comments on their marriage.
Some paths are a matter of choice.
some paths appear to be a choice but are immutable.
I suppose the theory of the eightoldpath is that we possess free will.
Color me skeptical.
Outcomes flow from sequences of events triggered one into another.
A state may be undesirable but mandatory to reach a Reality where it ceases to be.
You can't make omelette without breaking a few eggs.
Is the answer to stop eating omelettes?
Even if we knew The Answer, could we know it without breaking a few eggs first?
I think not.
"All foreseen, choice granted."
--R. Akiba, summarily, so as not to waste too much energy on the unknowable, when there is so much to know.
Ommmm, Mary-Naammmmm...
C
Things that give you less confidence in the Obama administration -- from an AP story:
White House spokesman Robert Gibbs said early this week that the president expects the nation will reach 10 percent unemployment within the next few months. In January, President Barack Obama's economic team predicted unemployment would rise no higher than 8 percent with the help of $787 billion in new government spending. The unemployment rate in May reached a 25-year high of 9.4 percent. Obama aides have said that the economy took a turn for the worse since their initial forecast.
good morning all
5 banks! totally missed #5.
i know that 3 of the 5 were state charters #1,2&5. are state charters easier than national? just wondering.
iceman did you really think that it would make any difference who got in the white house? they can only follow the path that was set.
now that ought to wake people and another thing at least someone is saying something and joe12pack is catching on real fast.
Iceman, I've never had confidence that Obama's proposed solutions would solve our problems. I did and do have some hope that, when everything has more clearly gone to hell in six or eight months he will have the clarity to cut loose his Wall Street pals and go populist. Because doing otherwise would be political suicide. And he's a political animal above all.
Unless of course he's truly "owned" already, and will stay owned. In which case, all I could say is that Hoover 2.0 has very nice manners.
joe12pack?? This is inflationary, right?
C
......yeah ..joe12pac.. 100% inflation ....mild......
Wow! I missed out on the BFF record last night. Life here got interrupted with a cable and power outage while mother nature ripped through town with a couple off small tornados. Rail cars blown off the tracks at the yard, some roofs, windows, tree, car damage. No one reported hurt.
as I remember they set up the NGO as front... Cambodia is to NGOs what Chicago was to gangsters..
then they made a series of arms deals (the Italian had been selling arms legit for years) tens of millions...
what is unclear and I hope to find out if they were washing someone else's money or the deals were to
the wrong players in that game but they were tracked from the get-go...
but the moment their 5% was withdrawn they got the phone call...
and Panicked.
duke
how about a sting?
doesn't sound like it, the Italian guy who was nailed at the border by Thai police, returned the money
and walked... otherwise Roma would have to call the Vatican... think of the embarrassment...
his Jewish friend had no ace, the embassy made him persona non grata
Tupelo Honey.......MaryAnn just had New Site Honey on toast while watching the sun come up over The Tennesse River in BNM.
might be worth a trip to the prison here to see if I can interview this guy...
he's in for 50 years... what's he got to lose? (sell him the sizzle... and then
sell him out like Capote did to Perry Smith)
had dealing with two embassies around that area, manila was great, the one in seoul was not. made me feel like i was second class citizens, nasty man. long time ago but i figured out what they thought about us citizens. they dont(didnt) like us.
the embassies, in general, have this haughtiness about them ... it's like in Blade Runner... "hey if you're not cop, you're little people"
duke
you got to tell me name of book, i got it (to lazy to go hunt for it) something Cold.
please dont make me go look for it. please
Cartels hate competition.
C
Nodrog is apparently negotiating with the Romans to take over the UK again, trying to bury them in dodgy real estate...
In Cold Blood (1959)