NBC Posts $223 Million Loss on Winter Olympics (Dinosaur Media DeathWatch™)

CBS News ^ | April 16, 2010

[Toddsterpatriot]

the number we are on the hook for is $139 billion for UNSECURED bad debt

I didn't see that we are on the hook for anything. Try again?

[Toddsterpatriot]

Do your own friggin research, its all over the web and was in the news.

No, really! It was all over the place so much, he can't find a shred of evidence. Maybe Jeff Immelt and George Soros somehow erased all the proof. Really!

These guys make me laugh. Their signal to noise ratio keeps slipping, but their feelings make up for it.

[1rudeboy]

And where does that number come from? And where does it say that it is unsecured? Did I miss it?

[Toddsterpatriot]

Coverage would be for about $139 billion, or 125 percent of total senior unsecured debt outstanding

He thinks that means that the covered debt is unsecured.

Maybe he thinks it means some debt is covered more than 100%?

[1rudeboy]

Could you point me to where that information is? It’s not in the Post article, is it?

[Toddsterpatriot]

Here it is

[abb]

A couple of other items.

http://paidcontent.org/article/419-no-buyers-no-mags-rbi-shuts-down-23-u.s.-trades/
No Buyers, No Mags: RBI Shuts Down 23 U.S. Trades

http://www.americanprogress.org/issues/2010/04/ta041510.html
Think Again: CNN Sells Itself Again (and Again)

http://www.niemanlab.org/2010/04/satire-police-update-apple-to-reconsider-keeping-mark-fiores-cartoon-app-off-the-iphone/#more-15326
Satire police update: Apple to reconsider keeping Mark Fiore’s cartoon app off the iPhone

http://www.cjr.org/the_audit/its_time_for_the_press_to_push.php
It’s Time for the Press to Push Back Against Apple

[1rudeboy]

Ok, so now am I reading this correctly? GE Capital issues unsecured debt to investors in the form of bonds, based on the secured debt that it holds?

[Toddsterpatriot]

I’m not sure how their debt is structured/issued.

[1rudeboy]

Well, I’m assuming they are bonds, from the information about them being “unsecured.”

[Toddsterpatriot]

Some of their bonds are unsecured. I’m not sure if the bonds in the TGLP are unsecured. Probably.

[1rudeboy]

In any case, we have strayed far afield from raging that, “GE took my tax money!”

[Toddsterpatriot]

I’ve yet to see proof they have. Maybe someone on this thread will surprise us. LOL!

[1rudeboy]

Not a friggin’ chance. When two people post the same article that comes-up first in a Google search, and that doesn’t even prove what they purport it does?