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This is the ninth of a series of inside looks at the candidates for city council both councillor and mayor prior to the general municipal election on Oct. 15. Biography: a closer view I have the ICD.D designation (Rotman School of Business, Institute of Corporate Governance) plus an extensive background in board governance. ICD.D Granted by the Institute of Corporate ....
But, the agreement is that i get my money first. i m the first. if it goes bankrupt, the bondholders get their money. that s contract law. it s always been that way. until barack obama. g.m. and the unions go down, the unions retire healthcare benefit trust got the billions. the bondholders for the first time in history got 5 cents on the dollar if they were lucky. now you have cities like miami and states breaking their employment contracts and the bond programs. so what do you have? you have people saying well, wait a minute, if the contract doesn t mean anything, what do bonds mean? you are out of stocks. you can t trust an american contract anymore. what is the next step? after that, i guess it s real estate. i knew a guy that owned a lot of real estate once said i used to think land would always be worth something. i don t know. i don t know anymore. you know how the real estate market is going with you, right? you try to sell your house? ....
But, the agreement is that i get my money first. i m the first. if it goes bankrupt, the bondholders get their money. that s contract law. it s always been that way. until barack obama. g.m. and the unions go down, the unions retire healthcare benefit trust got the billions. the bondholders for the first time in history got 5 cents on the dollar if they were lucky. now you have cities like miami and states breaking their employment contracts and the bond programs. so what do you have? you have people saying well, wait a minute, if the contract doesn t mean anything, what do bonds mean? you are out of stocks. you can t trust an american contract anymore. what is the next step? after that, i guess it s real estate. i knew a guy that owned a lot of real estate once said i used to think land would always be worth something. i don t know. i don t know anymore. you know how the real estate market is going with you, right? you try to sell your house? ....