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Post by stormjay on Jul 5, 2010 14:06:25 GMT -5
Yes...at the very begining we all thought that 3.7 t was an unsupportable amount of money and we all scoffed at it...then we learned that Mahue herded all the shorts into a room in Vegas and told them they had to buy the short for an unspecified amount or go to jail...sales of claims to China...assests in the ground...etc...Hodges has nothing to gain by fabricating the amount...and don't tell me that he is being lied to...an attorney with 40 years experience in Federal Court has seen it all...covers his azzzz....8 plus years of water under the bridge.....
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Post by squeezebox on Jul 5, 2010 14:30:14 GMT -5
Vpd...cmkxerlong likes attacking anyone who questions anything, he did it to me on another thread. he is new to the board and trying to make it sound like he knows everything. It is very far fetched to think there is 3 plus trillion dollars sitting somewhere waiting for us. They discovered an estimated trillion dollars worth of stuff in the ground in Afganistan recently and it was all over the news, why wouldn't the stuff we supposedly have be? and his analogy to someone selling your house is completely screwed up. Your house title is nothing like a stock cert sold illegaly. In the sale of a house there are lawyers and title insurance involved and if you are dumb enough to buy a house without their help you may get screwed. When you call your broker and buy a stock, it is their responsibility to make sure it is delivered, not yours.
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Post by vpd on Jul 5, 2010 15:20:35 GMT -5
No problem, I actually used to believe almost as strong as he did. When Al made the comment that it was imminent or it was hours / days away I actually started planning on what to do with my new found wealth. Also I used to pay attention closely to what the plaintiffs said until I read Allan Treffey's comment that he had not seen the proof and that Al didn't communicate with him as some might have thought. I guess through all of this I have become somewhat jaded as to any kind of ROI. I do hope I am wrong but "hope" is all we have to go on at this point. AIMO
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Post by mustang on Jul 5, 2010 20:36:09 GMT -5
stormjay,
I hope you are right. That is the one thing that I have huge hangup on. Why in the world would an attorney with his credentials and history go after the SEC for such an absurd amount of money unless he knows something that we don't. I would love to hear some opinions here. One thing that I was wondering, was it a way to delay an ACTUAL class action lawsuit, because we were nearing the statute of limitations for this type of lawsuit? From what I have found that this couldn't be the case.
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Post by varnson on Jul 5, 2010 20:40:27 GMT -5
I have to admit the same I don't think AH would threaten his 40 year career on nothing---Hoping for the best in the end.
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Post by vpd on Jul 5, 2010 20:50:28 GMT -5
I have to admit the same I don't think AH would threaten his 40 year career on nothing---Hoping for the best in the end. I used to think the same but so the case gets tossed, how does that "threaten" his career? I'm sure that he has had cases tossed before. To me the wild accusations in all of the letters that are in the public domain would be more damaging to a career. AIMHO
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Post by cmkxerlong on Jul 5, 2010 20:53:57 GMT -5
Let me correct you. Lawyers are only involved when there is fraud or when you go through a foreclosure. Do you need a lawyer there to help you sign your mortgage documents? I think you know the answer to that question. I used to work for a big mortgage lender. In housing, title companies does the book keeping. In a stock transaction, the TA are suppose to do the book keeping. When you trade a stock through your broker, they put your shares under CEDE & company. Again, you have no clue what your are talking about. Vpd...cmkxerlong likes attacking anyone who questions anything, he did it to me on another thread. he is new to the board and trying to make it sound like he knows everything. It is very far fetched to think there is 3 plus trillion dollars sitting somewhere waiting for us. They discovered an estimated trillion dollars worth of stuff in the ground in Afganistan recently and it was all over the news, why wouldn't the stuff we supposedly have be? and his analogy to someone selling your house is completely screwed up. Your house title is nothing like a stock cert sold illegaly. In the sale of a house there are lawyers and title insurance involved and if you are dumb enough to buy a house without their help you may get screwed. When you call your broker and buy a stock, it is their responsibility to make sure it is delivered, not yours.
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Post by mustang on Jul 5, 2010 21:06:24 GMT -5
vpd,
Agreed, plus how much of a career does he really have left. Again, I still wonder why would he get involved? Just in case there is some truth to world reports? Hopefully the findings of Wolf will force AH to give us the answers we are looking for.
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Post by briwadd on Jul 5, 2010 21:13:12 GMT -5
I have to admit the same I don't think AH would threaten his 40 year career on nothing---Hoping for the best in the end. And exactly how does this threaten his career. He has sued the government for 3.87 trillion dollars and noone knows about it...Do you really think it will be common knowledge if the case is thrown out? If this doesn't go Al's way, he will walk away unscathed...IMO Briwadd
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Post by varnson on Jul 5, 2010 22:24:48 GMT -5
It threatens his career because in a Federal court if you bring a suit that is deemed frivilous they can sanction you for wasting the courts time. If the evidense is weak and non existant he again can get sanctioned and as it was told to me by an attorney that has experience in the Califrnia Fed court system he could actually be disbarred but that is remote but still possible. He simply told me "If this attorney does not have the goods he is in for a rough ride"
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Post by squeezebox on Jul 5, 2010 22:51:14 GMT -5
Let me correct you. Lawyers are only involved when there is fraud or when you go through a foreclosure. Do you need a lawyer there to help you sign your mortgage documents? I think you know the answer to that question. I used to work for a big mortgage lender. In housing, title companies does the book keeping. In a stock transaction, the TA are suppose to do the book keeping. When you trade a stock through your broker, they put your shares under CEDE & company. Again, you have no clue what your are talking about. Vpd...cmkxerlong likes attacking anyone who questions anything, he did it to me on another thread. he is new to the board and trying to make it sound like he knows everything. It is very far fetched to think there is 3 plus trillion dollars sitting somewhere waiting for us. They discovered an estimated trillion dollars worth of stuff in the ground in Afganistan recently and it was all over the news, why wouldn't the stuff we supposedly have be? and his analogy to someone selling your house is completely screwed up. Your house title is nothing like a stock cert sold illegaly. In the sale of a house there are lawyers and title insurance involved and if you are dumb enough to buy a house without their help you may get screwed. When you call your broker and buy a stock, it is their responsibility to make sure it is delivered, not yours. Lol have you ever heard of a closing attorney? I have built and sold houses for 20 years so I am telling you right here and right now you are wrong!!! If you choose not to use a closing attorney you are asking to be ripped off!!! A closing attorney goes over everything on both sides, buyer and seller, puts together all the documents and files all the right paperwork to ensure legality. They also hold escrow money and make sure the loans/banks are properly funded at the time of closing. You are also wrong about the title company. In some places they do the work of the closing attorney depending on that states laws. Mostly what they do is provide title insurance, which is in case something like your scenario happens. They insure legal transfer of the title. Again, you can choose not to use them or buy title insurance but most likely that will come back to haunt you. Get your facts straight before you preach to me again about anything!
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Post by cmkxerlong on Jul 6, 2010 0:46:59 GMT -5
There you go, you just answered the question I posed to you "Do you need an attorney to sign a mortgage"? Your answer was you do not need an attorney. Most people do not have an attorney by them when they sign that document. Yes, you should if you want to make sure everything is done correctly and double checked. As with anything, you can choose to have an attorney to double check everything that you do. It would be prudent but it is also expensive. Beside, most of the attorney stuff are done in the back ground, as you mention, some titles act like closing attorneys. Obviously, you are trying to complicate the issue. We understand that mortgages and stock transactions are different things. Apparently, you do not understand what an analogy is. What proves that you owe the house is the title. Without notarized consent from the owner, the title of the property will not be able to transfer to a different person. Basically, registering a title transfer with the title company. (I used to do this for my clients all of the time. ) In case you do not know, do not confuse loan documents with title documents. You can have 2 people on the title but both people do not have to be on the loan document. What proves that you owe the part or the whole of a company is your stock certificate. You broker statement is just an electronic marker. This do not tell you that you are the legitimate owner of the stock. --------- Bottom line, you do not understand the meaning of the word "analogy". You are just trying to complicate the issue. I don't know why I respond to you? It's a waste of time to explaining things to morons. Let me correct you. Lawyers are only involved when there is fraud or when you go through a foreclosure. Do you need a lawyer there to help you sign your mortgage documents? I think you know the answer to that question. I used to work for a big mortgage lender. In housing, title companies does the book keeping. In a stock transaction, the TA are suppose to do the book keeping. When you trade a stock through your broker, they put your shares under CEDE & company. Again, you have no clue what your are talking about. Lol have you ever heard of a closing attorney? I have built and sold houses for 20 years so I am telling you right here and right now you are wrong!!! If you choose not to use a closing attorney you are asking to be ripped off!!! A closing attorney goes over everything on both sides, buyer and seller, puts together all the documents and files all the right paperwork to ensure legality. They also hold escrow money and make sure the loans/banks are properly funded at the time of closing. You are also wrong about the title company. In some places they do the work of the closing attorney depending on that states laws. Mostly what they do is provide title insurance, which is in case something like your scenario happens. They insure legal transfer of the title. Again, you can choose not to use them or buy title insurance but most likely that will come back to haunt you. Get your facts straight before you preach to me again about anything!
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Post by squeezebox on Jul 6, 2010 7:10:02 GMT -5
There you go, you just answered the question I posed to you "Do you need an attorney to sign a mortgage"? Your answer was you do not need an attorney. Most people do not have an attorney by them when they sign that document. Yes, you should if you want to make sure everything is done correctly and double checked. As with anything, you can choose to have an attorney to double check everything that you do. It would be prudent but it is also expensive. Beside, most of the attorney stuff are done in the back ground, as you mention, some titles act like closing attorneys. Obviously, you are trying to complicate the issue. We understand that mortgages and stock transactions are different things. Apparently, you do not understand what an analog is. What proves that you owe the house is the title. Without notarized consent from the owner, the title of the property will not be able to transfer to a different person. Basically, registering a title transfer with the title company. (I used to do this for my clients all of the time. ) In case you do not know, do not confuse loan documents with title documents. You can have 2 people on the title but both people do not have to be on the loan document. What proves that you owe the part or the whole of a company is your stock certificate. You broker statement is just an electronic marker. This do not tell you that you are the legitimate owner of the stock. --------- Bottom line, you do not understand the meaning of the word "analog". You are just trying to complicate the issue. I don't know why I respond to you? It's a waste of time to explaining things to morons. Lol have you ever heard of a closing attorney? I have built and sold houses for 20 years so I am telling you right here and right now you are wrong!!! If you choose not to use a closing attorney you are asking to be ripped off!!! A closing attorney goes over everything on both sides, buyer and seller, puts together all the documents and files all the right paperwork to ensure legality. They also hold escrow money and make sure the loans/banks are properly funded at the time of closing. You are also wrong about the title company. In some places they do the work of the closing attorney depending on that states laws. Mostly what they do is provide title insurance, which is in case something like your scenario happens. They insure legal transfer of the title. Again, you can choose not to use them or buy title insurance but most likely that will come back to haunt you. Get your facts straight before you preach to me again about anything! Funny thing is is I do understand what "analog" means and I do know the business that has provided a pretty d*mn good lifestyle for myself over the last 20 years. Then you start calling me names which in a previous post you stated " When someone is defensive and scared, they resort to insult! That's just my opinion." I guess that says it all about you!
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Post by vpd on Jul 6, 2010 7:59:52 GMT -5
In an attempt to get back to the original question. The US national debt is slightly over $13T so the funds collected and earmarked for CMKXers alone is about one third of the national debt? This alone has to raise some question in the rational mind. Don't get me wrong without Al Hodges we would be no where. I thank him for all of his hard work. Some of the statements made in the letters however cause me to pause and wonder does he really feel this way and more importantly would put it in writing? Some have suggested that this is some sort of code and or misdirection. His way of getting a message to the shareholders in code. Why would he risk a reputation and or career by making these comments public? He may in fact believe them which scares me greatly. There are people who would agree with all of these comments but they are on the fringe of society IMO.
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Post by cmkxerlong on Jul 6, 2010 8:28:12 GMT -5
It's your posts that saids it all. That's why I called you that. I'm not scared or defensive. You should go back and read all of your negative whining posts and you'll understand why I called you a moron. Why do you spend your days complaining and being negative. That's what morons are, right? It's not just one post, but a multitude of non-sense posts. There you go, you just answered the question I posed to you "Do you need an attorney to sign a mortgage"? Your answer was you do not need an attorney. Most people do not have an attorney by them when they sign that document. Yes, you should if you want to make sure everything is done correctly and double checked. As with anything, you can choose to have an attorney to double check everything that you do. It would be prudent but it is also expensive. Beside, most of the attorney stuff are done in the back ground, as you mention, some titles act like closing attorneys. Obviously, you are trying to complicate the issue. We understand that mortgages and stock transactions are different things. Apparently, you do not understand what an analog is. What proves that you owe the house is the title. Without notarized consent from the owner, the title of the property will not be able to transfer to a different person. Basically, registering a title transfer with the title company. (I used to do this for my clients all of the time. ) In case you do not know, do not confuse loan documents with title documents. You can have 2 people on the title but both people do not have to be on the loan document. What proves that you owe the part or the whole of a company is your stock certificate. You broker statement is just an electronic marker. This do not tell you that you are the legitimate owner of the stock. --------- Bottom line, you do not understand the meaning of the word "analog". You are just trying to complicate the issue. I don't know why I respond to you? It's a waste of time to explaining things to morons. Funny thing is is I do understand what "analog" means and I do know the business that has provided a pretty d*mn good lifestyle for myself over the last 20 years. Then you start calling me names which in a previous post you stated " When someone is defensive and scared, they resort to insult! That's just my opinion." I guess that says it all about you!
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