Subj : Re: Money
To   : JOE MACKEY
From : NANCY BACKUS
Date : Mon Dec 09 2019 15:56:00

-=> Quoting Joe Mackey to Nancy Backus on 12-04-19  06:00 <=-

 >  JM> I'm sure with the gov't keeping records of everything they might
 >  JM> notice an unusual amount of selling and buying on the part of some
 >  JM> person or company.
 > They might notice, and they might question... but I still dunno if they
 > could prove it was a deliberate attempt to influence the market... like
 > your old boss that kept wanting to sell at a whim/worry....
 JM> If "small" transactions it might not be red flagged, but if someone
 JM> is shifting hundreds or thousands of shares, I'm sure someone,
 JM> somewhere, somehow would notice.  

Probably...

 JM> But not a worry of mine.  :)

Right, nor of mine... :)
 
 > Not everyone is comfortable around numbers and finances... :)  As long
 > as the treasurer is on the up and up, and keeps reasonably good
 > accounts, there shouldn't be anything to worry about in their reports... 
 JM> I think the more basic the better.
 JM> I'm involved in a organisation and at the monthly, uh, "board
 JM> meeting" at one time the financial report had dozens and dozens of
 JM> sub-sub-sub accounts.  It was all very confusing.  I'm sure at one time
 JM> there was a purpose for all these sub accounts.

Possibly even someone listening to the report in a now long ago time had
asked for the additional breakdown of the various accounts...  And some
organisations are inherently more complicated than others...

 JM> Now with a new system we can see the income/outgo, sources, etc.  
 JM> Before my eyes sort of glazed over and I went into a mini-trance but
 JM> now they are more informative.

I'll agree that reports should be both as streamlined and as informative
as possible.... :)

ttyl      neb

.... Everyone is ignorant. It just depends on the subject.

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