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PeakOil is You

PeakOil is You

Eminent Domain (merged)

What's on your mind?
General interest discussions, not necessarily related to depletion.

Re: Government may invoke Eminent Domain to buy up mortagage

Unread postby ReverseEngineer » Thu 11 Dec 2008, 07:31:28

$this->bbcode_second_pass_quote('BlueGhostNo2', 'I')ncidentally the reason you are un-ignored by me at the moment is you replied to my russia debt rating thread and I was curious.... Back on ignore you go.

Interesting new technique. Selective Ignoring. "I'll read and respond with ad hominem argument, then go back to ignoring until the next time I want to drop in with another ad hominem argument".

In any case, a brief search on the internet will not get you anywhere near the underlying ownership of Moody's, but this company has been part of the game since 1900
$this->bbcode_second_pass_quote('', '1')900: John Moody establishes John Moody & Company.
1903: Moody's Manual of Industrial and Miscellaneous Securities rules the financial markets as a must-have tool.
1907: The stock market collapse causes Moody to sell his assets, including the Manual.
1909: John Moody returns with a new service: evaluating railroads in Moody's Analyses of Railroad Investments.
1914: Moody's Investors Service is incorporated.
1924: Moody's ratings system encompasses stocks and the entire U.S. bond market.
1958: John Moody dies.
1962: Moody's is bought by Dun & Bradstreet Corporation.
1998: Moody's buys a 10 percent stake in Korea Investors Service.
2000: Moody's Investors Service is spun off from Dun & Bradstreet and becomes a public company.
2002: Moody's Corporation acquires the San Francisco-based KMV for $212.6 million.

Note Moody's move into evaluating Railroads in 1909, encompassing ALL stocks in 1924 and being bought out by Dun&Bradstreet in 1962. You really think you can trace all the ownerships and how this company was manipulated over the years? Of course you can't, any more than you could directly tie George Bush and the Union Bank to Adolf Hitler, its all covered through layers of contracts and layers of holding companies.

You write very little here of worthwhile nature. When you post up something worth responding to I do. Sorry if you don't like my style. Feel free to ignore it until the next time you choose to un-ignore it. That is preposterous to begin with, it just shows you aren't willing to engage in a debate, you just want to snipe as you see fit. Grow a backbone. If you disagree with what I write, take me on. Dropping in and out is pure cowardice and is the signature of a weak mind.

Reverse Engineer
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ReverseEngineer
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