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Posted by
BradyNet
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Friday, September 12, '03
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advice...TCP up 0.09 cents today and TEO up .34...at least you have capitulated on that one...
on TCP as soon as FOx gives me the green light i will begin taking TCP up...but in the meantime i will continue to only BUY argi crap...
1) At 5.50 pm, after closing all the windows and pressing Cntl+Alt +Dlt , results: . ((
Explorer
Netscape
Internat …….?
Hottray
AVGcc 32…………..possibly antivirus ?
Dllcmd 32 ………….?
Systray
Avg ser 9…………..antivirus?
Winampa ))
Note: Dllcmd 32( it has been present in the popup window every time I check) and “Winampa” are present. Winamp possibly is present For a longtime : I frequently used to get “close the window-winamp made an error” messages).
2)HD: Total 4 GB Partitions: C and D 2 gb each.
Before defrgmn: C: 386 mb free space, D: 1.63 gb free
After defrgmn (after closing all the programs in pop-up window ---alt-cntl-dlt, ,,,except IE, and files(temp and internet temp) removed
C: 3rd deragmn in about 4 weeks: 411 mb D( after the defrgmn, the first ever): free 1.63 gb(no change at all)
3 ) It is as urprise to know that C has an occupied disk space of 1 .6 gb, considering that I do not store data or images/pictures or movies or music on it(only pictures stored on C are of desktop-wall paprer, provided by Windows … . Also most of the software(netscape, adobe, spybot, anti virus, firewall, games, etc are on D) and D has a free space of 1.6 gb.
Investors holding 51 percent of the July 2004 bonds delivered a notice today demanding repayment because the Mexico City-based company made a debt payment to banks while in default on the bonds, said Arturo Perez Pena, an attorney for the bondholders with Canales y Socios in Garza Garcia, Mexico.
The move will start a legal process that may end in the creditors taking control of the company.
``We're just tired of the way the new management group has treated its creditors for as long as they have,'' said Robert Rauch, who operations, said Robert Rauch, who helps manage $350 million in distressed debt at Gramercy Advisors and holds an undisclosed amount of the 2004 bonds. ``When they're making payments out from the company to other creditors, that's prejudicing our position.''
The legal move raises the stakes in the battle between bondholders and owner Ricardo Salinas, who has said he wants to slash debt. Salinas bought 75 percent of Iusacell for $7.5 million in June from Verizon Communications Inc. and Vodafone Group Plc after the company defaulted earlier that month.
Since then, investors have had ``very limited dialogue'' with Salinas' Iusacell managers, Rauch said. ``Basically their message has been wait around, we want to develop our business plan and then we'll let you know what we want to do,'' he said. ``Why should we wait around for that?''
Iusacell's shares fell 0.3 percent before the announcement to close at 79 centavos on the Mexico City exchange.
Last Updated: September 11, 2003 17:20 EDT
******************
whats your meaning to this matter ?
<Man Must Share Pension with Ex-Wife's Husband
BERLIN (Reuters) - A German court has told a man that the pension he used to share with his ex-wife must now be shared with her widowed husband, authorities said on Thursday. Bernhard Wanwitz, a judge at the administrative court in the western city of Mainz, said the man withdrew an appeal to keep his entire pension when the court said the widower was entitled to a share of his late wife's divorce settlement. Under German law, when a couple divorces, the ex-spouse with the smaller pension has a right to top-up payments from the other's pension.
After the woman died, her new husband inherited her pension and then exercised his right to collect the money. The retired civil servant will now have to pay around 700 euros ($785) of his pension each month to the widower. "This is the first time I can recall a case like this," said Wanwitz. …………>
Is it possible that the judge erred in his interpretation of the law?
Or is it a case of legally correct judgement choking with “commonly” accepted sense of equity ?
Comments please.
What is notable to me is that Snow & Co were awfully desperate to give the ladrones a deal. Wonder why.
After about 25 hours of hard work(for the experienced, the time could be much less, but still needs some time), the Zone Alarm internet blocking problem went away.
I am now trying to learn how to provide free disk space for the reset function to work well, learn to use reset funtion , and to weed out unneeded programs from the computer. Wally is providing helpful suggestions and your suggestions are welcome too.
I am also intrigued by the fact that the disk C (HD 4 gb total, partitioned into C and D with equal space ) is occupying 1.6 gb but I do not store data or images/pictures or movies or music on it. Also most of the software(netscape, adobe, spybot, anti virus, firewall, games, etc are on D) and D has a free space of 1.6 gb. Wally is providing helpful suggestions and your suggestions are welcome too.
If the new data is accurate, however, the geopolitical energy balance in South America would shift decisively in Brazil's favor over the next 10 years. Brazil would no longer be a net importer of gas from Argentina and Bolivia. Instead, these countries -- and also Peru, which hoped to sell incremental volumes of natural gas to Brazil in coming years -- likely would not be competitive in the domestic Brazilian gas market if they were up against cheaper Brazilian gas, which would be much closer to end users.
1) It is an economic common sense : If necessary a rich man can cut some of his luxury expenses to pay a loan installment….a foreign vacation(Fiji 3 ?) , cut caviar and sell the yatch. But in hard times, a poorman has to sell his house to pay the loan and he wioul be understandably reluctant to do that. A rich nation can cut some public spending programs or increase taxes as a last resort to pay the debt. But a poor nation will sink into street disturbances and chaos if they cut poverty or social programs, and increasing taxes may not lead to any increase in revenues(there will be proportionate evasion) and also there will not be willingness to pay(most piblic spending programs enrich the politicians, hence they do not want to cut).
2) The composition of economic team at IMF has changed, and apparently the new team is not taking guidance from Treasury economists for their policy recommendations.
3) The experience of China and India, in promoting high growth rates with domestic savings and not loans is being observed.
I would advise holding on to the warrants, even if you want to dump the common, as the warrants have the greatest potential appreciation.>
<From: Karl W. B. Schwarz [mailto:kw.schwarz@worldnet.att.net]
Sent: Thursday, September 11, 2003 9:47 AM
To: President@Whitehouse. Gov
Dear Ms. Hughes,
I was contacted purportedly by your assistant Tuesday night regarding GX and WCG. I am still awaiting an email address and telephone number so our Asset Purchase Agreement can be sent for your review. We have already submitted that to some of the key creditors of GX. We also have confirmation of the $475,000,000 in financing to affect a $415,000,000 offer versus the $250,000,000 offer of STT. STT is the lowest of all offers and the reason they are preferred is two fold, 1.) hide fraud; and 2.) ingratiating certain parties with Singapore and the PRC for future business as the expense of America. Our offer also protects the shareholders, which under the STT deal get nothing, $0. American voters are angry because restitution and justice are being denied. Case in point, the recent WCOM settlement with SEC. $750,000,000 of which $200,000,000 is cash from MCI. $250,000,000 is in post-bankruptcy newco stock, after all other shareholders are given the financial equivalent of a "shot to the head" to get them out of the way, 100% loss, and $300,000,000 is a tax refund, due only because of the accounting fraud in the first place. In all due respect, SEC was not defrauded out of a penny so why is there no emphasis to recover funds for the parties that have been screwed over and over again? Why is SEC allowed post-bankruptcy ownership of WCOM and their shareholders are not? SEC fines against Wall Street for illegal market manipulation, $1.4 billion and again, no emphasis on restitution to the parties harmed. I found it interesting that the WH person knew about fraud in International LDDD, but not the implications of it. Such as 11 USC 523(b)(2), objection to discharge and treatment under the bankruptcy due to fraud or that such is milking cash from the debtor estate, right under the court's nose. That is a felony bankruptcy fraud and denying justice for the shareholders and the creditors in general. The interesting question would be, where is all of that cash going? It is also being used as a way to launder money so shareholders cannot trace the fraud. Americans can only lose so much before they are in the poor house and will react with their vote. Peace and prosperity cannot thrive when impunity is allowed to exist in this nation. Peace and prosperity cannot exist without a just justice system that will not tolerate impunity from Wall Street or corrupt corporations. When disenfranchisement of American investors and enrichment of only the rich and our government prevails, can you expect anything less than a massive anger building in America within those that work hard, strive and get financially plundered and then denied remedy, justice, or restitution? I want President Bush to be re-elected but I am not holding my breath on that. I live in Little Rock, AR and the Wesley Clark forces are amassing here to start his bid for the presidency. They have asked on multiple occasions that I provide all I know, to discredit how these matters are being handled in Washington, DC. GX is a fraud and the President's endorsement of that fraud will not be a wise move with approval ratings sitting at 45%. best regards,
Karl W. B. Schwarz >
Cc: Jack Williamson; Alan Moffatt; B Keene; Wmildren@66501. Pjc. Com; Wes Sirkis; Wendell & Luisa Prevatt; Walter Prevatt; Vette@Dellepro. Com; Toddlerohl@Aol. Com; TGS5499F@aol. com; Rondo_74172@Yahoo. Com; Robb Vanskike; Rick Lizzo; RiceOwlMoose (E-mail); Pmatthe1@Midsouth. Rr. Com; Peter Magoulas; Paul Kolaczynski; Ottavio Lavaggi; Michael Conway; McNamara Jeffrey; Matthew R. Jones; Gina Bern; Margie Clark; Licia Penner; Lawrence Fletcher; JRE441@aol. com; JR Abel; John Hovel; John Burat; JiMC41180@aol. com; Jfarley@Tcac. Net; Jbshupper@Hotmail. Com; Jason Ficks; JanForney@aol. com; Gwindrow@Texas. Net; GShotton@gbsf. org; Gshotton@Gb-S. Com; Greggazumwalt@Eaton. Com; Douglas Andrews; DClinto320@aol. com; David Cain; Ckallen@Cableone. Net; 'Burf (mgse47@voyager.net) '; Bruce. Stone@Noaa. Gov; Bobveit@Quixnet. Net
Subject: attn: Karen Hughes
http://www.bcv.org.ve/cuadros/2/211...
Veni has recovered in only one month, 1/3 of the US$ reserves used for the August buy back.
And they say that Hugo is bad for Veni!
The Washington-based lender said public debt in these countries had risen sharply as governments have issued domestic debt at market interest rates in record quantities, lured by low-market interest rates.
"This study should be viewed, at the very least, as a yellow warning light," Kenneth Rogoff, chief economist for the IMF, said on a conference call to discuss initial chapters of the fund's World Economic Outlook, which were released on Thursday.
The bulk of the semiannual report, including global economic growth forecasts, comes out next week on the eve of the IMF and World Bank annual meetings in Dubai.
Latin America and Asia saw the biggest increase in debt, the fund said. In developing European nations hoping to join the European Union, debt-to-gross domestic product ratios have actually fallen, while in the Middle East and Africa public debt is broadly unchanged.
The fund noted the stiff cost of recent debt defaults or restructurings in emerging markets like Argentina, Ecuador, Pakistan, Russia, the Ukraine and Uruguay.
Public debt in emerging market economies now averages about 70 percent of GDP. By contrast, industrial country debt as a percentage of GDP averages around 65 percent, down from nearly 75 percent in 1995.
This is a worry given that the revenue base of the average emerging market government is much smaller than in industrialized countries, and most debt crises of the past 10 years involved domestic debt, the IMF report said.
"If history is a guide to the future, there ought to be serious concerns about problems ahead, at least for countries that do not take advantage of the current relatively benign financing environment to broaden their tax base, strengthen tax administration, reduce unproductive government expenditures and improve debt management," Rogoff said.
"Simply put, the current benign financing environment provides a window of opportunity in which countries with particularly acute debt problems need to begin steering debt ratios to safer ground, ideally taking quality measures such as strengthening the tax base and reducing unproductive expenditures," Rogoff said.
At current levels, the IMF said, emerging market nations' public debt is not sustainable. Nor will fiscal policies be enough to see the debts repaid.
Just to stabilize the public debt-to-GDP ratio, the average emerging market economy will have to run a primary fiscal surplus that is 1-1/2 percent of GDP higher than in the past.
Also, based on past fiscal performance, the sustainable public debt level may be quite low for typical emerging economies. IMF calculations suggest a sustainable public debt threshold for a typical emerging market economy may only be about 25 percent of GDP, versus 75 percent of GDP for an industrial nation.
The fund said large cuts in public debt ratios were possible, often in conjunction with a debt restructuring program. A combination of strong growth and fiscal consolidation have also brought down public debt without recourse to a debt restructuring.
Chile was an example where government debt was lowered through fiscal and structural policy reforms, the IMF said. Hungary and Bulgaria also had success with this strategy.
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