> "Robert Cohen" msn.com> wrote in message
>
> news:cd2b0ed1-23bf-469d-9980-11d3239dfa24@79g2000hsk.googlegroups.com...
> On Sep 15, 8:43 pm, "bigflet...@gmail.com" gmail.com>
> wrote:
>
>
>
>
>

>> On Sep 15, 12:18 pm, "Sean" now.com.au> wrote:

>

>>> "Robert Cohen" msn.com> wrote in message

>

>>>news:89b1c93e-2877-443e-9d65-a5c35b53421b@p25g2000hsf.googlegroups.com...
>>> On Sep 14, 8:04 pm, "Sean" now.com.au> wrote:
>>> sold out)

>

>>> ------------------------

>

>>> Thanks Robt ... that was simply exquisite, well done.

>

>>> I want more!!! - Hide quoted text -

>

>>> - Show quoted text -

>

>> "Befor enlightenment, chop wood carry water. Employ others to do so.
>> Get fat and lazy."

>

>> "After enlightenment, chop your own wood, and carry your own water.
>> Get slim and energetic.

>

>> "After after, go back to first principles (they need the work)..get
>> fat and lazy again, but this time, enjoy :-)

>

>> Now go and peel me a grape. You need the exercise, and I need the
>> power. ;-)

>

>> BOfL

>
> A Scot's colorful take of that ill-fated meeting over the weak failing
> end
>
> http://thescotsman.scotsman.com/latestnews/-How-the-Masters-of.449403...
>
> Meanwhile, there's CNBC rumor that prospective buyer BARCLAY BANK
> wanted LEHMAN BROS to go into chapter 11 legal volutary bankruptcy in
> order the get the assets more cheap including legally screwing the LEH
> stockholders & employees (TWENTY THOUSAND EMPLOYEES) who are now
> seemingly completely peed off at their proud but mis-calculating
> leader RAY FULD
>
> LEH IS NOT REALLY POOR: Bill Gross the PIMCO bond sage says LEH is not
> really that "insolvent," and apparently a liquid loan was what they
> had needed because they're too cash poor
>
> Obviously their peers/competitors are saying, "tough-shitsky," and
> return to their dark Lincoln Town Cars
>
> Merrill Lynch proves much more adaptive than Lehman Bros today, as THE
> BANK OF AMERICA
> is now gonnabe even a bigger biggee by acquiring Merrill for $50
> billion
>
> AIG, a TRILLION dollar insurance giant, is considered now to be the
> next gigantic chapter 11 loser. Yet, Bill Gross says, AIG is not
> really "insolvent" either.
> --------------------------------------------------
>
> but "insolvent" merely means one knows that they are unable to pay debts
> when they are due, and when that happens Directors are lawfully required to
> act accordingly. Even if it is a $10 loan and you only have $9 and the
> debtor won't renegotiate, and you can't borrow the extra dollar, then the
> company is "insolvent".
>
> iow "bankrupt" .... no matter what assetts one might have, or could get for
> them in a month from now, if the debt is due today, that's it.- Hide quoted text -
>
> - Show quoted text -