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-   -   How can you live without knowing this? (http://forums.mustangworks.com/showthread.php?t=28754)

PKRWUD 09-13-2002 04:25 AM

Barry Manilow didn't write "I Write The Songs".

If Bill Gates wanted to cash out his entire worth for US Currency, it couldn't be done. There isn't that much printed money in circulation.

Take care,
~Chris

mustangman65_79 09-13-2002 05:48 AM

Great one, I havn't tried the elbow thing yet, Im still in public

jimberg 09-13-2002 07:27 AM

There's $555 billion in cash being circulated. Bill Gates is worth $55 billion.

cyberstang5.0 09-13-2002 07:37 AM

Re: How can you live without knowing this?
 
Quote:

Originally posted by tireburner163
It is impossible to lick your elbow.
This not true, my brother can do it. He even won a bet on the cruise we took this past summer. So take that! :D :p

PKRWUD 09-13-2002 07:49 AM

Quote:

Originally posted by jimberg
There's $555 billion in cash being circulated. Bill Gates is worth $55 billion.
I gotta dig up the numbers, but when I first found them (about a year ago), Gates was worth around 90 billion (he did lose alot this year, I didn't take that into consideration), and there was only 70 something billion in printed US currency (this doesn't include coins or gold).

302 LX Eric 09-13-2002 08:21 AM

Quote:

The Carpenters signature song, We've Only Just Begun, was originally part of a television commercial for a California bank. The music played in the background of a scene in which a newlywed couple had, of course, just begun their lives together. Richard Carpenter saw the commercial and sculpted it into the classic song that we know today.
This one I knew...I don't know why I knew it...weird.

As for the Bill Gates thing, if he were to 'cash out' the SEC would require him to disclose the sale prior to selling his thousands of shares of Microsoft which would immediately send the price plummeting. He would need to liquidate in 'small' (a relative word here) amounts of shares over a long period in order for the markets to withstand the large influx of shares without diluting the shares market value to a large extent. The public perception of Mr. Gates selling off large amounts of shares alone would be disastrous.

It would be cool though if they could pay him out in pennies or even dollar bills for that matter. Could you imagine what $55 billion would look like in $1 bills!!!!! :D :D :D

E

PKRWUD 09-13-2002 08:28 AM

Quote:

Originally posted by 302 LX Eric
As for the Bill Gates thing, if he were to 'cash out' the SEC would require him to disclose the sale prior to selling his thousands of shares of Microsoft which would immediately send the price plummeting. He would need to liquidate in 'small' (a relative word here) amounts of shares over a long period in order for the markets to withstand the large influx of shares without diluting the shares market value to a large extent. The public perception of Mr. Gates selling off large amounts of shares alone would be disastrous.

It would be cool though if they could pay him out in pennies or even dollar bills for that matter. Could you imagine what $55 billion would look like in $1 bills!!!!! :D :D :D

E

It's hypothetical, Eric, c'mon. ;)

BTW, I still can't find the exact numbers, but I remember the important points that made it work was that it could only be paper money that was in circulation within our borders.

:)

Take care,
~Chris

302 LX Eric 09-13-2002 08:48 AM

Sorry, Chris. It's just the nerdy CPA coming out it me. I'll stop now. :D /me adjusting my visor and putting one of my ten pens back into my pocket protector./

E

PKRWUD 09-13-2002 09:12 AM

Quote:

Originally posted by 302 LX Eric
Sorry, Chris. It's just the nerdy CPA coming out it me. I'll stop now. :D /me adjusting my visor and putting one of my ten pens back into my pocket protector./

E

LOL!! You're funny! :D

Take care,
~Chris


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