Thursday, June 12, 2008

Ramblings

The King is working hard to make the credit scoring system transparent. I have been in communication with legislators and their aides in Florida to include a sunshine provision during the next legislative session that would make the formula for credit scoring open and public information. Of Course, the King is getting resistance from Trans Union, Equifax and Experian claiming that this provision will be a burden and add cost. Popycock, what's the cost of revealing information you already use?

The credit scoring system is a direct cause of the current credit crises. For a detailed explanation of the fallacies of credit scoring, refer to chapter 11 of "The Angry Black Man's Guide to Success."

Lehman Brothers has fired their President and CFO on Thursday, June 12, 2008 after supposedly raising 6 billion dollars less than 48 hours earlier. Did they really raise this money or did Lehman just move it from other internal funds? Market Insiders do not believe they actually raised any new funds.

The King proves once again that he is ahead of his time. The Boondocks episode banned from television was available here months ago. The only other way to see it is to buy the just released DVD.

King George
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