Today
it's open mic here at theVoiceofReason.com...
Kicking
off the with the hilarious boys and girls from Bear Stearns...
These
are genuine quotes from their websites/advertising of the
day, the urls are given.
From
the Bear Stearns website:
"The
Company Maintains a Highly Liquid Balance Sheet
As of November 30, 2007 the Company had $395.4 billion in
assets, of which over 90% consisted of highly liquid assets
such as cash, securities inventory and collateralized receivables.
As of November 30, 2007 the Company had $11.8 billion of
equity, $262.5 million of trust preferred and $68.2 billion
of long-term borrowings for a total capital base of $80.3
billion. The portion of the Company's balance sheet that
is funded by long-term borrowings has increased considerably
over the last six years, thereby materially strengthening
the Company's liquidity profile and extending the overall
maturity of its unsecured debt."
http://www.bearstearns.com/sitewide/
resources/bssc/safety_cust_assets/index.htm
(Bear
Stearns failed after customers tried to get their money
out...)
From
the Enron website:
"Enron
is the world's leading energy company, and the skills and
resources we used to transform the energy industry are proving
to be equally valuable in other businesses."
http://web.archive.org/web/
20010118211600/http://www.enron.com/
(Enron
collapsed after its figures were proved to have been faked
at a number of its businesses over a number of years.)
International
Mercantile Marine Lines:
ALL
OUR STEAMERS HAVE WIRELESS TELEGRAPH AND SUBMARINE SIGNALS.
THE LARGEST AND FINEST STEAMERS IN THE WORLD.
http://www.encyclopedia-titanica.org/item/1683/
(!)
