Originally Posted by xFF (Post 12780287)

@GTITAN, if business is slow, here's an idea for an asset backed securitization: buy a few billion miles from the carriers, with agreement that they pay some amount for redeemed miles on some formula. Liabilities go down, liquidity goes up, legal fees soar.

No credit risk beyond the sponsor (CDS that away) and it's all pure timing tranches.

Looking at points dot com gave me the idea. No consulting fee necessary.

Originally Posted by FT Lurker (Post 12780283)

Maybe xFF could use this to eradicate the boars on his property:

http://www.guardian.co.uk/world/2009...thog-collision

Originally Posted by xFF (Post 12780287)

@GTITAN, if business is slow, here's an idea for an asset backed securitization: buy a few billion miles from the carriers, with agreement that they pay some amount for redeemed miles on some formula. Liabilities go down, liquidity goes up, legal fees soar.

No credit risk beyond the sponsor (CDS that away) and it's all pure timing tranches.

Looking at points dot com gave me the idea. No consulting fee necessary.

Originally Posted by gbryan84 (Post 12778498)

My Miss Universe buddy called me last night and said that Egypt Air could not enter his Onepass number in their system and told him to use his United number instead. By the time he called he was already on the plane and couldnt change it back to not having a number at all. Is there any chance to fight with CO on this since Egypt Air's systems have not been updated? This trip would have made him Silver on CO and last year he missed silver by 400 miles.

Originally Posted by GTITAN (Post 12780324)

Thanks xFF (very slow at the moment, hence heightened FT participation ;)). I will suggest to my clients. When I draft the offering memorandum, I will write a risk factor that disgruntled fliers on FT could potentially have a material negative and adverse impact on the securities.:D

Originally Posted by FT Lurker (Post 12780403)

Originally Posted by Mackieman (Post 12780406)

No idea what any of that means but can I have a couple million miles? :)

Originally Posted by xFF (Post 12780436)

That's okay, when you guys start to talk electronics, the whoosing sound is deafening for me. I remember one ham radio guy that had a post responding to you about turning off TV sets from filtering out 60 Hz from some array or wire coil or something. Clueless, here.

Originally Posted by Mackieman (Post 12780451)

Yeah, that was SuperG1955. Just so's ya know, 60Hz is the frequency at which US-based electrical systems operate at, so the AC wall jacks in your home run at 60Hz. If you emit a strong signal at 60Hz, you can cancel out the electrical signal, which caused the TV set to power off. Neat stuff if you like RF.

Originally Posted by xFF (Post 12780503)

Yes, I knew about 60 cycle AC, but that was as far as it went.

Since we're doing entrepreneurial brainstorming here, that process has electronic countermeasures weapon written all over it. Too bad the IPO and venture capital markets suck so bad; you guys could be in the defense contract business.