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Thread: To the FRTIB -

  1. #1

    Join Date
    Feb 2008
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    New York
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    716

    Default To the FRTIB -

    I hope you are so very happy that our fund and our $$ was lost because you took the side of Barclays and gave the big FU to all of the members.

    You bragged last week how the F Fund would be great for the Fannie & Freddie takeover.

    You limit IFT's and have cost us Billions you pack of clowns.

    You did this to protect us my a** you were the bitch of Barclays and I would not doubt all of you will end up in Jail because there are records and documents that predicted this doom.

    Your friend Barclays has kept anyone from making any gains and I would ask that you post the exhisting members balance for May 1, 2008 and what that balance is today. This would not include any new members.
    BILLIONS LOST in the TSP to save Barclays a dollar on IFT's.

    Could Barclays be the next Lehman Bros or could the FRTIB be the next LEH ???
    Last edited by Braveheart; 09-15-2008 at 12:04 PM. Reason: dd
    Keep me true to my best self, guarding me against dishonesty in purpose. Semper Fidelis


  2.  
  3. #2

    Default Re: To the FRTIB -

    Quote Originally Posted by Braveheart View Post
    I hope you are so very happy that our fund and our $$ was lost because you took the side of Barclays and gave the big FU to all of the members.

    You bragged last week how the F Fund would be great for the Fannie & Freddie takeover.

    You limit IFT's and have cost us Billions you pack of clowns.

    You did this to protect us my a** you were the bitch of Barclays and I would not doubt all of you will end up in Jail because there are records and documents that predicted this doom.

    Your friend Barclays has kept anyone from making any gains and I would ask that you post the exhisting members balance for May 1, 2008 and what that balance is today. This would not include any new members.
    BILLIONS LOST in the TSP to save Barclays a dollar on IFT's.

    Could Barclays be the next Lehman Bros or could the FRTIB be the next LEH ???

    Braveheart, You no doubt express the sentiments of many TSP investors.
    Come on....tell them how you really feel!

  4.  
  5. #3

    Join Date
    Mar 2006
    Location
    Peoples Republic of Ohio
    Posts
    2,373

    Default Re: To the FRTIB -

    Quote Originally Posted by Braveheart View Post
    You did this to protect us my a** you were the bitch of Barclays and I would not doubt all of you will end up in Jail because there are records and documents that predicted this doom.


    Yes, I'm sure most all of us agree with your sentiments and one can only hope that jail is the end result of the Boards failure to look out for OUR best interest.

    CB
    “Most men and women will grow up to love their servitude and will never dream of revolution.” - Huxley’s Brave New World

  6.  
  7. #4

    Join Date
    Feb 2007
    Location
    San Diego, CA
    Posts
    6,944

    Default Re: To the FRTIB -

    Quote Originally Posted by Braveheart View Post
    .....
    Your friend Barclays has kept anyone from making any gains and I would ask that you post the exhisting members balance for May 1, 2008 and what that balance is today. This would not include any new members.
    BILLIONS LOST in the TSP to save Barclays a dollar on IFT's.
    Except those who jumped ship, went to "G", took a loan, and invested in something that was making more money.

    I like my $0.18 a share on autopilot.
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    100%- I Fund

  8.  
  9. #5

    Join Date
    Feb 2008
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    New York
    Posts
    716

    Default Re: To the FRTIB -

    Quote Originally Posted by Frixxxx View Post
    Except those who jumped ship, went to "G", took a loan, and invested in something that was making more money.

    I like my $0.18 a share on autopilot.
    That 4 cents per month from the Barclays Fund add in inflation/deflation = -10 cents per month. The G Fund is safe that is exactly where they want all of us.

    I will put it in real simple terms our local newspaper was .50 cents a day last year and today it is .75 cents per day. The is +25 cents for a newspaper which is an extra $1.50 per week for 6 days = $6 per month.

    Sure we can go without it but that is a bottom line example or how about penny candy cost .10 cents each.

    So right now this is a lose lose game just the Barclays G Fund loses to inflation and the cost of living and the other funds can lose huge in a day.

    The TSP system with unlimited trades worked because I can tell you I would not have been in the C Fund today I would have been in the F Fund and so would thousands of members.

    I have a final example in 1998 I bought a 3 family home for $180,000 and folks thought I spent to much but within 2 years I had the house repaired and sold each unit for $345,000 that was taking a risk and I had a net gain of $855,000 but I also spent close to $168,000 in making them each a 1st class condo so I made close to $687,000.

    Only in America 2 of those Units sold for $475,000 in 2004 so the folks that bought them did not need to a thing and made close to $135,000 that is how real money is made and on the flip side if I did not sell the home or put a dime into it I would still rent it so it was a win win deal. The TSP is a lose lose deal.

    Bet fast won't last - best slow sure to go !!! either way this is failure for all and I just gave some examples of how money is lost in pennies and how money is made.
    Keep me true to my best self, guarding me against dishonesty in purpose. Semper Fidelis

  10.  
  11. #6

    Join Date
    Feb 2007
    Location
    San Diego, CA
    Posts
    6,944

    Default Re: To the FRTIB -

    Braveheart,

    Thanks for the lesson but I think you miss understood me. I jumped out of this TSP boondoggle the day the limits were imposed. I make money only on the matching now. Which is automatically a 100% profit. Better than most of the people in this country. YOU ARE 110% RIGHT on your TSP assessment and inflationary discussion.

    Me? I am finding solace in the fact that I met a man that had a little more knowledge than me in other investment opportunities.

    Why am I so happy? I am making money outside of the (Failed Retirement Thrift Investment BOONDOGGLE).

    Last edited by Frixxxx; 09-15-2008 at 02:33 PM.
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    100%- I Fund

  12.  
  13. #7

    Join Date
    Mar 2006
    Location
    Peoples Republic of Ohio
    Posts
    2,373

    Default Re: To the FRTIB -

    Boy, I'm just glad I didn't listen to the great advice our Failed Retirement Thrift Investment BOONDOGGLE, thanks Frixx for the rename, it aptly fits, especially since Long and his comrades became the playthings for barclays. At the very least I would've had to delay my retirement for 2 years. These FRTIB whores don't realize... no they don't care what they have done to us. Well at least there masters have benefited, but I thought we the ones that were supposed to be protected, oh well stupid me.

    I haven't lost anything (less than 1% gain, but ain't complaining), because of the IFT limits, but the limits have forced me to rein in my moves to a bare minmum, when there were times, I would've have moved and could've increased my retirement funds.

    Just a rant because I know most of my fellow Fed employees are taking a beating, because of barclays bitches.

    CB
    “Most men and women will grow up to love their servitude and will never dream of revolution.” - Huxley’s Brave New World

  14.  
  15. #8

    Join Date
    Feb 2008
    Location
    New York
    Posts
    716

    Default Re: To the FRTIB -

    Quote Originally Posted by Frixxxx View Post
    Braveheart,

    Thanks for the lesson but I think you miss understood me. I jumped out of this TSP boondoggle the day the limits were imposed. I make money only on the matching now. Which is automatically a 100% profit. Better than most of the people in this country. YOU ARE 110% RIGHT on your TSP assessment and inflationary discussion.

    Me? I am finding solace in the fact that I met a man that had a little more knowledge than me in other investment opportunities.

    Why am I so happy? I am making money outside of the (Failed Retirement Thrift Investment BOONDOGGLE).

    My bad I was just giving examples but how does the FRTIB run to the media now and claim well we saved our members so much money. That was their point going to the Washington Post and all the bullshi*. Making it sound as if we were somehow abusing the system but it is now a system run by "Abuse of Power" and Barclays saved enough money to let the world think they would take over Lehman and said FU and crashed they markets. They were never serious please they were bitching about pennies on IFT's in April and suddenly they had the capital.

    ALSO NOTE - BARCLAYS IS INVESTED HEAVILY IN THE 10 YEAR NOTE SO THEY MADE MONEY TODAY LOTS OF IN FACT I WOULD ESTIMATE IT TO BE BILLIONS MAKE NO MISTAKE ABOUT IT BARCLAYS WANTED LEH TO FAIL - check my posts back in the F Fund thread.
    Keep me true to my best self, guarding me against dishonesty in purpose. Semper Fidelis

  16.  
  17. #9

    Join Date
    Feb 2008
    Location
    New York
    Posts
    716

    Default Re: To the FRTIB -

    Quote Originally Posted by Braveheart View Post
    My bad I was just giving examples but how does the FRTIB run to the media now and claim well we saved our members so much money. That was their point going to the Washington Post and all the bullshi*. Making it sound as if we were somehow abusing the system but it is now a system run by "Abuse of Power" and Barclays saved enough money to let the world think they would take over Lehman and said FU and crashed they markets. They were never serious please they were bitching about pennies on IFT's in April and suddenly they had the capital.

    ALSO NOTE - BARCLAYS IS INVESTED HEAVILY IN THE 10 YEAR NOTE SO THEY MADE MONEY TODAY LOTS OF IN FACT I WOULD ESTIMATE IT TO BE BILLIONS MAKE NO MISTAKE ABOUT IT BARCLAYS WANTED LEH TO FAIL - check my posts back in the F Fund thread.
    Braveheart
    Team TSP
    Join Date: Feb 2008
    Location: New York
    Posts: 597



    Re: F Fund where will it go ?
    Quote:
    Originally Posted by Braveheart
    BARCLAYS IS PUSHING YIELDS UP ON 10 YEAR NOTE ----- That is why the F Fund is all over the place. What a friggin conflict of interest they know how much we have in the F Fund and all the L Funds, WTF that is gambling against us and inside trading at it's best.


    http://www.bloomberg.com/apps/news?p...d=aNCksVzJxRZA

    Dealers Pare Treasuries, Signaling Fed Turning Point (Update1)

    By Daniel Kruger
    May 5 (Bloomberg) -- One word popped into Charles Comiskey's head as he watched investors seeking a haven from credit-market losses pile into Treasuries in March: ``Ridiculous.''
    The buying spree pushed yields to a five-year low even though rising commodity prices and a depreciating dollar were beginning to spark inflation. The co-head of Treasury trading at HSBC Securities USA Inc. has so far been proven right. U.S. government debt has lost 2.8 percent since March 17, including reinvested interest, according to New York-based Merrill Lynch & Co. indexes.
    ``Rates got ridiculous,'' said Comiskey, who is based in New York and started trading in 1989.
    The U.S. units of London-based HSBC Holdings Plc, Barclays Plc of London, Deutsche Bank AG in Frankfurt and the other 17 primary dealers that trade with the Federal Reserve have compiled a $101.4 billion bet against Treasuries, data compiled by the central bank show. That's the most since the week ended Nov. 14, just before yields on 10-year notes climbed half a percentage point over the following month.
    Dealers have used any demand ``as an opportunity to move Treasuries off their balance sheets,'' Comiskey said.
    The $101.4 billion represents the amount of Treasuries that dealers are using to hedge other positions and is up from $58.3 billion in the week ended March 12, Fed data show. The more they use to hedge, the bigger the wager against Treasuries.

    Barclays is betting huge against the 10 year note since April 2008 on Bloomberg. They are gambling big with junk bonds and pushing the yield up on the 10 year note.

    Since they are connected with our money all the L Funds and the F Fund that is a direct conflict of interest. They know how many Billions are in the L Funds and the F Fund every day. I will update with a link but that news just broke 10 minutes ago.
    __________________
    Keep me true to my best self, guarding me against dishonesty in purpose. Semper Fidelis
    Keep me true to my best self, guarding me against dishonesty in purpose. Semper Fidelis


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