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Posts by vindicktive vinny
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2021-06-13 at 2:45 PM UTC in NIS fitness club
Originally posted by CandyRein I’m not an amateur jump roper ..I’ve jumped rope since I was a little girl …
Black girls and jumping rope is kinda a thing ..we grow up doin it .. it’s like walking
must be hard growing up around people with leashes round their necks.
having to jump over them constantly. -
2021-06-13 at 2:40 PM UTC in Building my dream car.
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2021-06-13 at 4:35 AM UTC in THE MAGA PARTY!,,, the GOP is dead, republicans are going down with the dems,, get ready for THE MAGA PARTY lefty's
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2021-06-13 at 4:32 AM UTC in Filling Up a Basket at Walmart And Just Walking the Fuck Out
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2021-06-13 at 4:26 AM UTC in Memes are the sole culture of the American youthim pretty sure dressing tactically is part of american culture.
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2021-06-13 at 2:25 AM UTC in what's the last thing you bought?
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2021-06-13 at 2:21 AM UTC in What are you doing at the moment
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2021-06-13 at 2:18 AM UTC in How are you feeling at the moment..
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2021-06-13 at 2:13 AM UTC in Electric vs. Gas Solderinggas solders are a bitch to use. it runs out halfway thru on long jobs and overheats easily and theres no reason to use it if your not an outdoor technician where you have to go around and solder stuff.
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2021-06-12 at 7:22 PM UTC in Im seirously thinking of fuckin that ugly short haired Irnaian chick
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2021-06-12 at 7:19 PM UTC in June is a very special month
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2021-06-12 at 7:18 PM UTC in June is a very special month
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2021-06-12 at 7:16 PM UTC in Help with shell companyincelaneous SPAC
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2021-06-12 at 7:14 PM UTC in Help with shell companybritish virgin islands.
incel and associates. -
2021-06-12 at 5:14 PM UTC in hey misguided russiankinder buchen lieben und sex.
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2021-06-12 at 5:12 PM UTC in Show your pronouns
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2021-06-12 at 5:10 PM UTC in Inflation has me very concerned.
Originally posted by aldra http://thesaker.is/exorbitant-privilege-under-siege/
was going to make a thread about this but it's hard for me to fully grasp
what seems to be the problem. -
2021-06-12 at 5:06 PM UTC in what's the last thing you bought?
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2021-06-12 at 4:59 PM UTC in THE MAGA PARTY!,,, the GOP is dead, republicans are going down with the dems,, get ready for THE MAGA PARTY lefty's
Originally posted by stl1 Making
America
Giggle over the great businessman
Again
Business Insider
Trump lost $40 million on his Scottish golf clubs by failing to implement a very basic financial practice, say experts
tcolson@businessinsider.com (Thomas Colson)
Trump's failure to hedge loans to his Scottish golf courses cost him tens of millions of dollars, say experts.
Accounts registered in the UK indicate that Trump issued loans from the US in British pounds.
The British pound has declined significantly in value, adding tens of millions to his already huge losses.
Donald Trump's international courses have racked up huge losses and rely on loans from various Trump-owned vehicles in the United States just to stay afloat.
However, the scale of Trump's losses may be even greater than it first appears, with experts pointing out that Trump appears to have lost tens of millions of dollars more by failing to implement a very basic financial practice.
First, some context: Trump has two golf resorts in Scotland.
One is the iconic Turnberry near Glasgow, which he bought in 2014, and the other is Trump Golf Links International in Aberdeenshire.
These resorts lose millions of dollars every year, and neither has turned a profit since Trump purchased them.
Both resorts are also dependent on loans from Trump and US-owned entities to stay afloat.
Turnberry's parent company Golf Recreation Scotland owes Trump, through various US-registered entities, a total of £113,425,000 (around $160,000,000), according to UK Companies House accounts filed in December.
Trump International Golf Club Scotland Limited, which owns his Aberdeenshire course, owes Trump £44,400,049, also issued in the form of interest-free loans, according to Companies House accounts.
The problem is that Trump appears to have created those loans in British pound sterling - as evidenced by the fact they are all displayed as sterling loans on Companies House. The Trump Organisation would not confirm or deny this.
Unfortunately for Trump, the British pound has declined significantly in value against the dollar in the period since Trump started issuing loans to his golf courses.
That means that, when and if those loans are eventually repaid to Trump in his native dollar currency, they are going to be worth considerably less than when he issued them.
Trump has 'incurred a significant loss'
His Aberdeenshire course started racking up debts from the beginning of its operation in 2006, when £1 was worth nearly $2. Now, £1 is worth just $1.42 (as of June 9).
Turnberry's parent company has also been taking large loans from US-registered entities owned by Trump since he purchased the resort in 2014.
Stephen Clapham, an investment analyst and founder of financial website Behind the Balance Sheet, who has written previously about Trump's business practices in Scotland, estimated in October last year that the value of those losses may be more than $40 million.
The pound was worth $1.27 made those calculations, and it has since risen to $1.42 (as of June 9), meaning some of those losses will have been mitigated - but the current figure would still represent a loss amounting to tens of millions of dollars.
Those losses, said Clapham, appear to have been the result of Trump's failure to "hedge" the loans he created. In simple terms, hedging is a common business practice that offsets the risk of price movements like a drop in the value of a currency by fixing the repayment rate for a loan when it is created.
There is no evidence in Companies House accounts that Trump's loans were hedged, although it is possible that Trump hedged the loan privately in the United States. Insider asked the Trump Organisation to confirm whether the loans had been hedged but did not receive a response.
"Hedging is what every business does unless there's a specific reason you can't do it - for example, you're investing in […] somewhere where the capital markets aren't developed enough to allow you to hedge the currency," Clapham told Insider.
The prospect of Trump having lost tens of millions of pounds by failing to implement a common business practice raises further questions about the soundness of his business judgment.
"The most likely explanation is that Trump has made this loan and incurred a significant loss. It's the simplest explanation and probably the most likely," said Clapham.
loans denominated in pounds are now cheaper to forgave. -
2021-06-12 at 4:52 PM UTC in ZeroHedge : Quotation Marks Galore - Lots of """ needed to report on recent Colonial "hacks".
Originally posted by aldra the only two things that make sense are:
1. the entire thing was orchestrated by the FBI - the hack, the ransom and the 'recovery'
to achieve what exactly ? cutting fuel supply to several states ? vilifying bitcoins for politicians ?2. the 'hackers' were super retarded and had no idea what they were doing; bought ransomware code and got lucky due to horrible security practices inside the gas company.
I don't think it's plausible that someone would be capable enough to pull off an attack like this but dumb enough to request the ransom be paid in Bitcoin, to NOT split or mix the funds in any way, and to move the entire $4 million ransom to an exchange that's known to co-operate with the authorities. that last part is really the crux of it - it's not about Bitcoin being insecure, it's about these guys taking no precautions whatsoever. it'd be like demanding a ransom of $4 million dollars in cash, then opening a domestic bank account the next day and trying to dump the exact amount into it.
Bitcoin is decentralised and anonymous, but the blockchain clearly shows where funds are moved to and from. when you move the entire sum around it's extremely easy for authorities (or anyone else) to track the transfer - the very least you'd do to cover your tracks is split it up and send small amounts to multiple different wallets.
it'd make a hell of a lot more sense to demand the ransom in Monero or one of the other security-oriented coins because in that case the blockchain ledger is at least partially obfuscated, making it much more difficult to track where funds are moved to.
are there really such thing as completely anonymous transactions ?
