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Investors Title Co. Message Board

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  • pjv2xyw9dww4b6 pjv2xyw9dww4b6 Nov 27, 2008 1:53 AM Flag



    Fear not the example of LFG. The advantage of writing title policies on cargo holds stuffed with trillions of dollars is that you get the float on the money while it's in transit. The bear drives the ship very slowly as helicopters shuttle the money between the cargo hold and various banks to earn overnight interest. In fact, the bear drives the ship along intentionally circuitous routes so as to maximize the short-term return on the cash. One of his favorite tricks is to pick up a cargo hold of TARP cash in Washington, D. C. and then to take it to a needy bank on the Mediterrean--but via the Cape of Good Hope, the coast of Somalia, and the Suez Canal! (The bear has Las Vegas cabbie experience and knows how to find long routes.)

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