Words in your work?

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Originally Posted by Paul65K

Was that the bank or was is driven by tighter government regulation/requirements......I seem to remember the government changing the rules on the banks during the crisis and this drover at least some of that behavior??

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It was before the government stepped in, they had no justifiable reason except to say we can renegotiate the terms of the LOC so we are. It was a bad decision on the banks part. They left them crippled by making it so they can't sell their inventory and wanted the money. It went like this, we won't let you sell anything to pay us our $72mm but we want our money in 90 days. The developer filed BK and the bank lost most of the money. It broke my heart. The owners went from making over $250k a year in salary to dipping into their personal accounts to pay their employees. They were just the nicest guys.


Sent from my Bat Cave!!!

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Originally Posted by 314joey

I was 49 yo when I sold it and people still ask me how I knew that it was coming, I tell them I'm not that smart, it's better to be lucky than smart.

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How could everyone NOT see it coming if they had their eyes open... :) I bailed out in 2000 when rate sheets from the banks were advertising up to 125% LTV...

You forgot les pendens in your list of terms, I learned that one from Dee Bax/Kaplan's/Scheidegger's... :)



My work terms :

Vtier
Vlan
4 node rac
release date
incremental code drop
build
ADBA/PDBA
SysAdmin
sy/ord/http/https traffic
Oracle patch
stubbed envrionment
simulated environment
PIE/FIE envrionment

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Originally Posted by 2manymustangs

How could everyone NOT see it coming if they had their eyes open... :) I bailed out in 2000 when rate sheets from the banks were advertising up to 125% LTV...

You forgot les pendens in your list of terms, I learned that one from Dee Bax/Kaplan's/Scheidegger's... :)

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I knew it was getting bad when, without getting into politics when after the 2006 mid-term elections Fannie Mae and Freddie Mac started giving loans (no down payment loans and 110%) out to anyone and I mean anyone, it was the beginning of the end.

Quote:

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Originally Posted by 2manymustangs

How could everyone NOT see it coming if they had their eyes open... :) I bailed out in 2000 when rate sheets from the banks were advertising up to 125% LTV...

You forgot les pendens in your list of terms, I learned that one from Dee Bax/Kaplan's/Scheidegger's... :)



My work terms :

Vtier
Vlan
4 node rac
release date
incremental code drop
build
ADBA/PDBA
SysAdmin
sy/ord/http/https traffic
Oracle patch
stubbed envrionment
simulated environment
PIE/FIE envrionment

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Software development?

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Originally Posted by Eli

Software development?

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And testing from the front end (OEP-Order Entry Portal) to the bss/oss/rating/billing... End to end for TELCO's/Cable and satellite TV...

http://img.tapatalk.com/d/13/11/28/3aqysu4u.jpg

You want me to sign ALL of these letters?


Sent from my Bat Cave!!!

Quote:

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Originally Posted by Eli

http://img.tapatalk.com/d/13/11/28/3aqysu4u.jpg

You want me to sign ALL of these letters?



Sent from my Bat Cave!!!

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Are you back directly in the Legal game?

BTW Fuck banks :D

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Originally Posted by Eli

http://img.tapatalk.com/d/13/11/28/3aqysu4u.jpg

You want me to sign ALL of these letters?


Sent from my Bat Cave!!!

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I'm sure it's something that has to do with the government.

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Originally Posted by JBS

Are you back directly in the Legal game?

BTW Fuck banks :D

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Yea fuck banks!

I don't understand what you mean??????

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Originally Posted by 314joey

I'm sure it's something that has to do with the government.

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Nope no governments


Sent from my Bat Cave!!!

Quote:

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Originally Posted by 314joey

I'm sure it's something that has to do with the government.

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If you look closely this looks like a client disclaimer......don't ya think that will scare a few off :yikes: