If it's legal, is it cheating?

[piece-itpete]

Originally Posted by ebacon

What are you talking about with regard to deductions?

And what if you invested in Company A and lost your money. Would you feel cheated?

The cold (and correct) answer is, I took the chance when I invested my money and events proved it was a bad choice. It doesn't matter how I feel, wouldn't change a thing.

Pete

[ebacon]

Originally Posted by piece-itpete

The cold (and correct) answer is, I took the chance when I invested my money and events proved it was a bad choice. It doesn't matter how I feel, wouldn't change a thing.

Pete

That's BS and you know it. If you did research prior to buying and trusted the books, you would be livid if you later discovered the books were cooked.

The stupid shit people say just to save face. Jesus age christ.

[ebacon]

Here's an example from the Lehman Brothers collapse.

http://www.cbsnews.com/8301-503983_1...41-503983.html

[piece-itpete]

Cooked books are illegal.

How old was Christ at Jesus's age?

Pete

[ebacon]

Originally Posted by piece-itpete

Cooked books are illegal.

How old was Christ at Jesus's age?

Pete

No, cooked books are not illegal. Deregulation took care of that. That's the point of this thread.

[piece-itpete]

I thought we were discussing the tax code originally and taking what deductions you can being unethical. As far as regulating derivitives etc maybe that could / should have been done by now.

Pete

[ebacon]

Originally Posted by piece-itpete

I thought we were discussing the tax code originally and taking what deductions you can being unethical. As far as regulating derivitives etc maybe that could / should have been done by now.

Pete

Earth to Pete. Earth to Pete. Come in please.

[piece-itpete]

A) what does it have to do with deductions; and

B) why aren't derivitives regulated?

Pete

[ebacon]

Originally Posted by piece-itpete

A) what does it have to do with deductions; and

B) why aren't derivitives regulated?

Pete

Pete,

You are off in la-la land.

This thread is about REPO contracts.

As for what that has to do with deductions, not a thing. And as for why derivatives aren't regulated, look up a lady named Brooksley Born and who shut her down. But yet again, what do derivatives have to do with REPO contracts? Not a thingthing.

Where are you coming from, mang? If you don't understand this stuff then just say so and I'll slow down. But for FFS don't fake it and just end up making a mess.

[piece-itpete]

If you could spell it out for me I appreciate it.

Pete