Valued by whom? Assets, unless they are cash or readily tradeable stocks or bonds, are subject to remarkably wide ranges of valuation. Something which an auditor might claim to be worth $187 million might, if push came to shove, be worth only $5 million. I've seen Movement valuations in the past that were based on what donors said their stock donations in privately held, lying-through-their-teeth-financial-statment companies were worth.
Ultimately, something is only worth what someone else is willing to pay for it. And I would bet considerable amounts of money that the assets in the World Peace Fund weren't worth anything close to a "real" $187 million. --- In FairfieldLife@yahoogroups.com, "sparaig" <[EMAIL PROTECTED]> wrote: > --- In FairfieldLife@yahoogroups.com, TurquoiseB <[EMAIL PROTECTED]> > wrote: > > --- In FairfieldLife@yahoogroups.com, "sparaig" <[EMAIL PROTECTED]> > wrote: > > > --- In FairfieldLife@yahoogroups.com, TurquoiseB <[EMAIL PROTECTED]> > > wrote: > > > > --- In FairfieldLife@yahoogroups.com, "sparaig" <[EMAIL PROTECTED]> > > wrote: > > > > > --- In FairfieldLife@yahoogroups.com, TurquoiseB > > <[EMAIL PROTECTED]> > > > > > [...] > > > > > > I don't think *he* is lying about where the money > > > > > > goes. I suspect he's been taken in by his nephews, > > > > > > into whose pockets the money all goes. > > > > > > > > > > How do you know? > > > > > > > > I don't. But that's my intuition. I trust > > > > it far more than I trust Maharishi or anyone > > > > in the TMO. > > > > > > So you intuit that some guy you never met is pocketing 100's of > > > millions of dollars based on...? > > > > As stated earlier (and ignored), intuition. > > > > And the oft-proven fact that no one in the TMO > > I have *ever* met seemed to have a clue as to > > the real nature of its finances, or care enough > > to find out. I'd be willing to bet that this > > situation has not changed. When Maharishi dies, > > people will try to find out, and discover that > > there isn't *nearly* as much money as they > > thought there was. No one will know where > > the rest went. And they *still* won't care. > > The World Peace Fund had $187 million in it a few years ago. ------------------------ Yahoo! Groups Sponsor --------------------~--> Get fast access to your favorite Yahoo! Groups. Make Yahoo! your home page http://us.click.yahoo.com/dpRU5A/wUILAA/yQLSAA/JjtolB/TM --------------------------------------------------------------------~-> To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
