|
#1
|
|||
|
|||
Re: USA Today article - Neteller
[ QUOTE ]
[ QUOTE ] [ QUOTE ] [ QUOTE ] [ QUOTE ] [ QUOTE ] So i am not a finance major but where are netellers funds? And how did they seize them again? [/ QUOTE ] most are probably illiquid right now and laddered in investments [/ QUOTE ] Please give some basis for this assertion. Hint, you might want to first read their financial statements: http://investors.neteller.com/netell...AL11sep062.pdf [/ QUOTE ] "Hint" I've already seen them. Only 20% of their total assets are liquid, can you see that? [/ QUOTE ] How would you define cash and cash equivalents? Illiquid? Idiot [/ QUOTE ] Wow, you do realize the majority of this # is made up of t-bills and marketable securities, right? In reality, we don't know what % of the CCE is actually cash and what % is tied up, so no reason to argue. [/ QUOTE ]Tied up? How long do you think it takes to liquidate those? Hours at most. You know not of what you speak. |
|
|