....The guy talks like he has 0 education, and MA has no tact when speaking to anyone. I'm sure they would be given these millions in bonds when they can barely spell there own name. ....
Jmoe, I don't know what kind of education you think these guys have, but they can talk circles around anyone about bonds and their business...even the SEC folks! Rufus might come off as a hillbilly redneck, but he knows his stuff on bonds and his business. Mike knows the bond stuff as well and was very professional and very easy to talk with. I can see why people would be impressed enough with both of them to work with them with billions of dollars.
Either way, I'm done swinging...I'm 99.99% positive that this is going to make me millions...IMHO of course.
Posts: 1028 | From: Georgia | Registered: Jul 2005
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posted
i noticed it when I signed up for HSM... Also...for future..have a seperate email for signing onto these places...
quote:Originally posted by wv1973: On a different subject -- can anyone tell me, short of eliminating my email address, how I can get rid of all these annoying spam crap on penny stocks that come to me each and every day????
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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quote:Originally posted by madmoney: definitions:Wallstreet Words - Cite This Source [hypothecate]
To pledge securities as collateral for a loan without giving up ownership of the securities.------------ what does hypothecating the bonds mean to the company? probably a stupid question but??
anyone??
It means the company can use them as collateral to secure loans.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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quote:Originally posted by madmoney: definitions:Wallstreet Words - Cite This Source [hypothecate]
To pledge securities as collateral for a loan without giving up ownership of the securities.------------ what does hypothecating the bonds mean to the company? probably a stupid question but??
anyone??
It means I would retain ownership of an asset that I am getting a loan against.
In other words the bank provides a loan against the bonds yet CSHD retains ownership of the bonds.
Hence, CSHD Hypothecates the bonds.
-------------------- - "Pay it Forward" Posts: 1524 | Registered: Jun 2006
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quote:Originally posted by CRab: madmoney...read that definition...
what does it say you don't give up upon hypothecation?
what is this whole ordeal is questioning?
Hypothecation
When a person pledges a mortgage as collateral for a loan, it refers to the right that a banker has to liquidate goods if you fail to service a loan. The term also applies to securities in a margin account used as collateral for money loaned from a brokerage ----------- I am confused! sorry! just looking for a little clarity. these terms were used by RPH, trying to understand the context. appreciate any help! TIA!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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quote:Originally posted by madmoney: definitions:Wallstreet Words - Cite This Source [hypothecate]
To pledge securities as collateral for a loan without giving up ownership of the securities.------------ what does hypothecating the bonds mean to the company? probably a stupid question but??
anyone??
Yes, and if you knew anything about finance you could answer that.
It means I would retain ownership of an asset that I am getting a loan against.
In other words the bank provides a loan against the bonds yet CSHD retains ownership of the bonds.
Hence, CSHD Hypothecates the bonds.
sorry i am not a finance expert, but i do appreciate the help! no need to get snippy!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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You asked for the relevance here...using the simple definition you provided...it says you can use something as collateral without giving up ownership...therefore if they hypothecate a bond...they must own it...which is what the SEC is questioning...
Posts: 2024 | From: New Orleans, LA | Registered: Apr 2006
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....The guy talks like he has 0 education, and MA has no tact when speaking to anyone. I'm sure they would be given these millions in bonds when they can barely spell there own name. ....
Jmoe, I don't know what kind of education you think these guys have, but they can talk circles around anyone about bonds and their business...even the SEC folks! Rufus might come off as a hillbilly redneck, but he knows his stuff on bonds and his business. Mike knows the bond stuff as well and was very professional and very easy to talk with. I can see why people would be impressed enough with both of them to work with them with billions of dollars.
Either way, I'm done swinging...I'm 99.99% positive that this is going to make me millions...IMHO of course.
Not only that Joe has two spelling errors and at least one occasion where he misuses "there".
But he is commenting on the education of who?
-------------------- - "Pay it Forward" Posts: 1524 | Registered: Jun 2006
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quote:Originally posted by madmoney: definitions:Wallstreet Words - Cite This Source [hypothecate]
To pledge securities as collateral for a loan without giving up ownership of the securities.------------ what does hypothecating the bonds mean to the company? probably a stupid question but??
anyone??
Yes, and if you knew anything about finance you could answer that.
It means I would retain ownership of an asset that I am getting a loan against.
In other words the bank provides a loan against the bonds yet CSHD retains ownership of the bonds.
Hence, CSHD Hypothecates the bonds.
sorry i am not a finance expert, but i do appreciate the help! no need to get snippy!
Hey I softened it after I read it!
At this juncture hypothecate has been in the vocab here for a few months.
-------------------- - "Pay it Forward" Posts: 1524 | Registered: Jun 2006
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....The guy talks like he has 0 education, and MA has no tact when speaking to anyone. I'm sure they would be given these millions in bonds when they can barely spell there own name. ....
Jmoe, I don't know what kind of education you think these guys have, but they can talk circles around anyone about bonds and their business...even the SEC folks! Rufus might come off as a hillbilly redneck, but he knows his stuff on bonds and his business. Mike knows the bond stuff as well and was very professional and very easy to talk with. I can see why people would be impressed enough with both of them to work with them with billions of dollars.
Either way, I'm done swinging...I'm 99.99% positive that this is going to make me millions...IMHO of course.
I agree... the man's a genius at what he does... not trying to say they are not "educated". Much of my business has absolutely nothing to do with my education. School either trains you for a particular craft... or teaches you how to organize and think logically. Many can do very well without schooling. Props to RPH.
quote:Originally posted by CRab: madmoney...read that definition...
what does it say you don't give up upon hypothecation?
what is this whole ordeal is questioning?
Hypothecation
When a person pledges a mortgage as collateral for a loan, it refers to the right that a banker has to liquidate goods if you fail to service a loan. The term also applies to securities in a margin account used as collateral for money loaned from a brokerage ----------- I am confused! sorry! just looking for a little clarity. these terms were used by RPH, trying to understand the context. appreciate any help! TIA!
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analogdog's Avatar
Join Date: Sep 2006 Posts: 291
Again for those who missed it. Maybe you'll learn something, or can teach me something in return.
Bonds are assets held in a PORTFOLIO. There are multiple designations for the total assets under a specific bond code. Thus, particular groups may own a portion of the same bond. Bloomberg terminals will show the portion traded in the U.S. interest, like the portion "held" by Fidelity, but may not show the portion held by the originator or controlling interest of the Bond portfolio.
International bonds are mainly registered in the Euroclear system. This is a highly organized international financial platform that controls the transfer of assets and securities. It allows for "movement, "trading", and transfer. It is interactive and very powerful. It is how THE WORLD moves assets.
Bloomberg terminals are for viewing the trading interest, hence if the SEC or Fidelity access their Bloomberg terminal... they can view the portion of the portfolio designated for investment trading, mainly the U.S. market. This portion is "owned", in a sense like stock, but does not always show the total bond portfolio as held by the originator or international bank that "owns" the majority of the bond. These are shown in the Euroclear system.
The Euroclear system is highly secure. Not just anyone can access it or have a code to access it's database. An institution must meet stringent financial and security qualifications to be admitted to the Euroclear system. The asset portfolio in this system holds most of the worlds assets. TRILLIONS of dollars. An institution must have an asset base of at least 200 million dollars, and gain security clearance through an exhaustive set of channels (making sure you are not a terrorist, etc.).
The SEC is not a watchdog of the Euroclear sytem or the international markets. They do not have immediate clearance to just jump on a terminal and view data. They would have to go through the US Department of Treasury to ask for access. How do you think the US Government transfers large sums of money to other countries? The answer: from the Department of Treasury through the Euroclear system to another international bank. THIS IS HIGH FINANCE on an INTERNATIONAL level. Mr. Harris gave them the screenshots of the bonds that CSHD "holds" in the Euroclear system, and even the contacts at the Department of Treasury so that the SEC could confirm this.
THEY HAVE CHOSEN NOT TO PERSUE THIS. They are afraid of finding the truth.
As far as ownership of the bonds. Do you own CSHD or any other company? You own a portion of it. Whoever has the majority of the bond, HAS CONTROLLING INTEREST. So CSHD "owns" the bond. They own a portion via coupon. Bank holds the bond and is the "owner" of the capital. It was originated via broker by Caracas Group (a.k.a. the guys with the oil money).
In finance, coupons are "attached" to bonds, either physically (as with old bonds) or electronically. Each coupon represents a predetermined payment promised to the bond-holder in return for his or her loan of money to the bond-issuer. The bond-holder is typically not the original lender, but receives this payment for effectively lending the money. The coupon rate (the amount promised per dollar of the face value of the bond) helps determine the interest rate or yield on the bond.
This company provides funding via "asset backed securities". The assets are the controlling portions of the bond portfolio that via the contracts and Euroclear codes, CSHD is shown to have. They are able to draw cash from these controlling interest via the international banking community to fund business projects for profit. Hence, they are assets.
The original use of the word hypothecation was for a pledge of property as collateral for a debt without transfer of possession to the party making the loan. The opposite arrangement is common with modern mortgages - the bank retains legal ownership of the property until the debt is paid off, unless they assign it to another institution like CSHD. When CSHD pulls cash from the world bank financial institution backed with the asset (bond) - it has been HYPOTHECATED.
The SEC needs to go through the proper channels to see this... or they simply don't want to. Pray that the judge will force them to comply. I am e-mailing this explanation to the judge.
Proper due diligence... and COMPREHENSION is required. Knowledge is power. CSHD is in the right.
This is my opinion based on my comprehension of the facts. Please correct me if I am wrong... but do it with some intelligent discourse.
posted
Portman, i'm an application developer at Aetna Insurance. I'm no english teacher. Went to school at UCONN. I'm sure I have better education that Rufus and Mike combined.
Posts: 127 | Registered: Oct 2006
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quote:Originally posted by jmoe20: Portman, i'm an application developer at Aetna Insurance. I'm no english teacher. Went to school at UCONN. I'm sure I have better education that Rufus and Mike combined.
No matter. These guys are sharp. Ross Perot sure doesn't convince me he's smart, but he knows a lot about business. LOL
Everybody just relax.... it will unfold as it should.
quote:Originally posted by jmoe20: Portman, i'm an application developer at Aetna Insurance. I'm no english teacher. Went to school at UCONN. I'm sure I have better education that Rufus and Mike combined.
No matter. These guys are sharp. Ross Perot sure doesn't convince me he's smart, but he knows a lot about business. LOL
Everybody just relax.... it will unfold as it should.
Dog, just go back to your $4 an hour day job and 25 cent lemonade stand you call a "business". No one cares what you have to say. Posts: 2308 | From: Michigan | Registered: Jun 2006
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posted
Hey Jmoe. Im sure this could all be bogus, ill leave it up to you to determine if it is. This was in a market analyst report back in June. He sounds like a total hick with no education to me too!! *sarcasm*
Michael D. Alexander –CEO Mr. Alexander is the Chairman of the Board and Chief Executive Officer for The Fronthaul Group, Inc. where he served as the founder of the business. Prior to The Fronthaul Group, Inc. Mr. Alexander has served in a variety of positions with fortune 500 companies. Most recently he worked for Citigroup as a business analyst, where he spent his time reviewing and restructuring business processes. Prior to Citigroup he worked as the Chief Information Officer for Freethinc, Inc., a start-up business incubator. Other companies, which have benefited from Mr. Alexander’s experience, are SAP, GE Capital, and SBC. Mr. Alexander was hired by SAP to be the Americas Customer support services Webmaster for the company’s largest initiative in history, mySAP.com. Over his career Mr. Alexander has been a Founding member, Internet technology consultant, Webmaster, network administrator, project manager, and systems and business analyst. Mr. Alexander is a certified Texas Peace Officer, has been married for 13 years and has 4 children.
Posts: 2308 | From: Michigan | Registered: Jun 2006
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quote:Originally posted by jmoe20: Portman, i'm an application developer at Aetna Insurance. I'm no english teacher. Went to school at UCONN. I'm sure I have better education that Rufus and Mike combined.
No matter. These guys are sharp. Ross Perot sure doesn't convince me he's smart, but he knows a lot about business. LOL
Everybody just relax.... it will unfold as it should.
Dog, just go back to your $4 an hour day job and 25 cent lemonade stand you call a "business". No one cares what you have to say.
Dog - SMACK him SMACK him HARD!!!!
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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quote:Originally posted by Jenna: Repo - Has CSHD gone low enough for you yet? I so wish you would buy in- I would love it!!! C'mon...Please...when you buying?
Can't I have AMTD.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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posted
In the SPR 11-7 audio clip I posted this AM, Rufus mentions a "blue ribbon"law firm taking over the DD for CSHD in this case vs SEC.. They requested volumes of information to review for their presentation. I'm sure it would have to take some expertise in this case. For the ones who have posted their visit this week in Atlanta and in Dallas the week before, do we know NOW who is CSHD's legal representation? If so, Can you post the firms name?
Posts: 30 | From: Lousiniana | Registered: Oct 2006
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quote:Originally posted by Jenna: Repo - Has CSHD gone low enough for you yet? I so wish you would buy in- I would love it!!! C'mon...Please...when you buying?
Can't I have AMTD.
and you want us to take YOUR advise?
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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