Quote Originally Posted by Enumerate View Post
Balance basically has one idea ... and it is wrong.



The government instituted the scheme, the government sets the standards for entry, the government demands payment.

SCF are staging a near miraculous recovery. They are focused, they are hard working, they have effective leadership and an appropriate plan.

The single greatest threat to SCF is the government's "own goal" in terms of the Hubbard statutory management.

All these points have be raised, discussed ... Balance is not really paying any attention.

He is happy with his one idea ... and it is wrong.
On the contrary - it is AH's very reckless and arrogant behavior of hugely upping the levels of related-party transactions (post the demise of most of the other finance companies) which brought to the market's attention how sick SCF really was.

Miraculous recovery? YEAH RIGHT!