tag:blogger.com,1999:blog-2020300354268548128.post4256627649840217111..comments2024-03-27T15:08:52.340+05:30Comments on Corporate Frauds Watch: Clueless Tex flaunts his ignoranceShyam Sundarhttp://www.blogger.com/profile/06882675852552827969noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2020300354268548128.post-3859505754316719642010-02-20T20:09:07.975+05:302010-02-20T20:09:07.975+05:30Okay, I read it. It's TOTAL Bullshit. There is...Okay, I read it. It's TOTAL Bullshit. There is no reliance on the past or current regulatory requirements, gross misunderstandings of definitions, etc.Texhttps://www.blogger.com/profile/08566368612992506048noreply@blogger.comtag:blogger.com,1999:blog-2020300354268548128.post-60455379550489606412010-02-19T11:50:24.716+05:302010-02-19T11:50:24.716+05:30ibofb,
Intent is impossible to quantify. The only...ibofb,<br /><br />Intent is impossible to quantify. The only realistic measure is retail sales to non-IBOs.<br /><br />I am reading the paper now, it is filled with errors and issues that do not apply to Amway.Texhttps://www.blogger.com/profile/08566368612992506048noreply@blogger.comtag:blogger.com,1999:blog-2020300354268548128.post-1227576135750729692010-02-19T04:48:16.398+05:302010-02-19T04:48:16.398+05:30IBOs buy products because they think Amway will ma...IBOs buy products because they think Amway will make them rich. Once that dream disappears, so does their desire to purchase Amway products.Joecoolhttps://www.blogger.com/profile/09121920263105613498noreply@blogger.comtag:blogger.com,1999:blog-2020300354268548128.post-1270706181920358302010-02-18T19:32:46.469+05:302010-02-18T19:32:46.469+05:30It's actually Brear who is flaunting his ignor...It's actually Brear who is flaunting his ignorance, or perhaps his dishonesty. Since that paper, Peter Vander Nat has modified his position somewhat -<br /><br /><i>“Deciding what a retail sale is can be tricky,” Peter Vander Nat, the FTC economist who co-wrote a 2002 paper on the subject, says it depends on intent.<br /><br /><b>“If people are buying because they want to use a company’s products, those sales can count as “retail.”</b></i>IBOFBhttps://www.blogger.com/profile/15994618805435665155noreply@blogger.comtag:blogger.com,1999:blog-2020300354268548128.post-4924699382504986702010-02-18T18:17:50.865+05:302010-02-18T18:17:50.865+05:30I will make another preliminary comment; the autho...I will make another preliminary comment; the authors appear to be making a relatively simple issue overly complex AND ignore important factors (such as whether the products are priced to be competitive in the market, and including overhead costs, such as the ATS), to the point their analysis has little connection to reality, not a new thing for economists, as they often get lost in their equations but have little to no practical business knowledge. No wonder you like them, Brear!Texhttps://www.blogger.com/profile/08566368612992506048noreply@blogger.comtag:blogger.com,1999:blog-2020300354268548128.post-81884028135106328972010-02-18T18:02:04.354+05:302010-02-18T18:02:04.354+05:30I will note there are differences, and probably co...I will note there are differences, and probably confusion and errors, on the part of the courts, over the definition of the 70% rule. <br /><br />Therefore, the final court judgments cannot, by definition, be regarded as reliable.Texhttps://www.blogger.com/profile/08566368612992506048noreply@blogger.comtag:blogger.com,1999:blog-2020300354268548128.post-39153996060609032182010-02-18T17:57:55.460+05:302010-02-18T17:57:55.460+05:30Brear,
Read the note in the lower left corner of...Brear, <br /><br />Read the note in the lower left corner of page 139. LOL<br /><br />I'll read and comment on the entire paper later.Texhttps://www.blogger.com/profile/08566368612992506048noreply@blogger.com