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  • pmlljl pmlljl • Feb 7, 2006 4:34 PM Flag

    Money to loan

    astral:

    I understand from your recent post that you would like more money to invest in ITIC for the long-term.

    I could lend you some money but I do have my requirements in terms of interest rates and collateral.

    You could make me an offer. Think BIG, VERY BIG in terms of my returns and security. I would expect to be paid as well as a hedge fund manager (think 15% annual interest and 20% of any pre-tax profits you make. I would, however, prefer to be paid like a large company CEO. (You know $50,000,000 to $100,000,000 per year).

    Then, in terms of security, think about your house, cars, boats, airplanes, stock certificates (BRKA, BRKB or ITIC only) and well behaved, mature children. I will not accept furniture, lawnmowers, bowling balls, wives, cats or goldfish.

    Let me know soon as I may get other offers.

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    • astral_tsar astral_tsar • Feb 7, 2006 4:39 PM Flag

      Heh. The kids are yours no questions asked. The rest we can work out as we go.

      • 2 Replies to astral_tsar
      • pmlljl pmlljl • Feb 8, 2006 11:07 PM Flag

        astral:

        I hereby retract my suggestion that you make me an offer to borrow money to buy ITIC.

        There are several problems. I imagine that your children, like all those in Lake Woebegone, are above average. Nevertheless, I am concerned about their market value if you failed to make payment when due. I don't even know where you can get a quote on children. Is there an internet site "kidsforsale.com"?

        If so, I bet the spread between the bid and the asked is a killer.

        And besides using kids for collateral or selling them is probably not "politically correct. What would Ted Kennedy, Pat Leahy and Jesse Jackson say. I expect the media would have a field day.

      • pjv2xyw9dww4b5 pjv2xyw9dww4b5 • Feb 8, 2006 12:44 PM Flag

        tsar, there are plenty of kind people here who will lend you money asking few or no questions. The interest rate may be a bit high and the collateral a little unusual, though.

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