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Airpacker 04-21-2003 03:01 PM

if he really had a cure for aids,he wouldn't need to play the market. He could sell the rights and make Bill gates look like an impovrished child

Tantrum 04-21-2003 03:13 PM

I dont think anyone is going to make Bill Gates look like an impoverished child any time soon.

With inflation $800 in the year 2256 would be worth about as much as the lint in your pocket. He must be nuts to go on a trip like that with such little cash.

Cord 04-21-2003 03:38 PM

Wacko or not, I'd be willing to let him hold my money!

CAP071 04-21-2003 05:47 PM

This is probably the guy that does investing for Julie Sullivan :D


Sorry just had to say that! :D :D

Von Bongo 04-21-2003 05:58 PM

"The only way he could pull it off is with illegal inside information. He's going to sit in a jail cell on Rikers Island until he agrees to give up his sources."

What ever happend to due process? 5th and 14th amendments?

cuda 04-21-2003 06:07 PM

Damn, they can arrest you for making too much money???????? Glad I don't have to worry about that!:o :rolleyes: :mad: :eek: :D

Steve 1 04-21-2003 06:21 PM

They should charge him or let him go no strings!! That is bull**** it seem's there is a limit to how much you can make.

PhantomChaos 04-21-2003 06:59 PM

From a chat board:

The story is either bogus or true, but if he is a real person then he dd not take advantage of insider trading. There is no way that someone could possibly have that much inside information on "breaking news" within a period of 2 weeks. But hypothetically it wouldnt be hard to do... not taking taxes into consideration all you would have to do is make 117 consecutive trades averaging 11.5% per trade and you will have over 350,000,000. Of course after short term capital gains of 39% you are left over with 213,000,000. Then if you stuck that in tax free municipal bonds at 4%, you will have 8.5 million in tax free income a year for the rest of your life without touching the principle.

IDRPSTF 04-21-2003 07:12 PM

Norty,
A little less econ...A little more porn!

TEAMBAJA 04-21-2003 09:16 PM

Hmmm, what kind of boat would $350 million buy any way?


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