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How does the current financial crisis affect the Challenge funds?

The Professor said:
I'm glad to see that other members of the JREF Forum are beginning to see the truth or at least question this situation.
Click to expand...

If you are referring to my post (#3), then I suggest you reread what I wrote. My questioning of the situation was predicated upon a condition, the state of which is not known to me.
 
Foolmewunz said:
And what did the Foundation say when you enquired?
Click to expand...

I have not inquired nor do I plan to do so. I have no interest in whether the MDC is funded or not. I simply have a passing curiosity as to why, if more recent data is available, it has not been published.
 
So let me get this straight.... The Skeptics here will still call this the Million Dollar Challenge even though the JREF has not renewed the PIE CHART since August of LAST YEAR?

You will all follow so obediently and never question anything? ( daSkeptic and myself excluded)
Is that open or closed minded of you?
I have contacted the JREF MANY times and even called RANDI HIMSELF ... and still no new information.

Does it take so long to Cook The Books? :)
 
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The Professor said:
So let me get this straight.... The Skeptics here will still call this the Million Dollar Challenge even though the JREF has not renewed the PIE CHART since August of LAST YEAR?

You will all follow so obediently and never question anything? ( daSkeptic excluded)
Is that open or closed minded of you?
I have contacted the JREF MANY times and even called RANDI HIMSELF ... and still no new information.

Does it take so long to Cook The Books? :)
Click to expand...

Edited to remove personal insult. Please refrain from this kind of post, even if your intent was to be humorous.
Replying to this modbox in thread will be off topic  Posted By: Tricky
 
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So the monthly update is no more? ... How about the Quarterly update? ... Not that either? .... How about a YEARLY UPDATE for 2009? ... maybe later? :)
How about your claim to give me a response? NOTHING.

The JREF HAS the DATA (GS has contacted ALL of their clients due to the situation they are currently in, and if you don't believe me please contact them yourself ) ... They are just NOT POSTING IT!
 
The Professor said:
The JREF HAS the DATA (GS has contacted ALL of their clients due to the situation they are currently in, and if you don't believe me please contact them yourself ) ... They are just NOT POSTING IT!
Click to expand...

How do you know JREF has the data? Are you privy to the details of their communications with Goldman Sachs?
 
TP, what makes you think that having no real interest in where the MDC money is and how much it amounts to exactly at the moment, has anything to do with being closed-minded or obedient? It is not my money, nor is it or will it likely ever be yours, so why are you so worked up about it?
Femke
 
Dave: I have no idea what's going on with the MDC funds. But I have a suggestion. If you know anyone who has a testable paranormal ability (such as remote viewing, dowsing, distinguishing a homeopathic remedy from water, etc--abilities where mutually agreed protocols have been established here in the past), have them apply and take the challenge. When they win, they'll either get a million bucks, or if there's less than a million, you guys could go to the media and report that the Million Dollar Challenge doesn't really pay a million. Either way, you win.

I don't want to be negative about believers in the paranormal--I want to see them tested or demonstrated (demonstrated in a way that rules out trickery). Please, if you know anyone with testable claims, have them apply, or demonstrate their ability to the world. The demonstrations from you and Jim may or may not be good entertainment, but appear to be mentalism effects (ie, magic tricks), like what Uri Geller does (obviously there are well known mentalism techniques for spoon bending and making compasses move), and even Geller has recently admitted to not having paranormal powers.

There have been many protocols that were approved by JREF representatives, in case anyone thinks that it's impossible to come up with a suitable protocol.
 
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The Professor said:
So the monthly update is no more? ... How about the Quarterly update? ... Not that either? .... How about a YEARLY UPDATE for 2009? ... maybe later? :)
How about your claim to give me a response? NOTHING.

The JREF HAS the DATA (GS has contacted ALL of their clients due to the situation they are currently in, and if you don't believe me please contact them yourself ) ... They are just NOT POSTING IT!
Click to expand...

Have you asked them in writing?And was their reply?
 
The Professor said:
So the monthly update is no more? ... How about the Quarterly update? ... Not that either? .... How about a YEARLY UPDATE for 2009? ... maybe later? :)
How about your claim to give me a response? NOTHING.

The JREF HAS the DATA (GS has contacted ALL of their clients due to the situation they are currently in, and if you don't believe me please contact them yourself ) ... They are just NOT POSTING IT!
Click to expand...

Here's an idea - and I'm not being sarcastic: Why don't you start a poll in "Forum Community"? Give at least two sensible options and don't forget to include a Planet X option. You should make it an open poll, too.

By the way, I would vote for the JREF to release a new statement asap.
 
I did

Requested the information today. Will advise as to results.


Per your FAQ [ challenge-faq.html ]

"Anyone can verify that the money exists by requesting the information in writing from the JREF."

Is email considered "in writing"? If so, please send me the latest information. If not, please send me the physical address I should address a
letter to.

Thanks for your help,
Click to expand...
 
Dave maybe you should concentrate your efforts on getting counselling for the ufo geek buddy of yours? You know the one who claims to record dead people from plane crashes? Been hanging with you too much I fear.
Oh an how is the dead NASA dude?

On topic,I dont care if the million is there ,Im not applicant-neither are you thankfully.It clearly states in challenge faq all you need to know.Im betting you havent requested in writing a statement like it says.
 
alfaniner said:
Seeing as the Challenge funds are currently in negotiable bonds at Goldman-Sachs, and hearing the news about all the bank buyouts, what does this mean for the million dollars? I know the Challenge will be retired soon, but I was wondering what would happen if the current value of the bonds falls below the million dollar level.
Click to expand...

Well, now it's almost four months ( Three months and 12 days) since another member of the JREF Forum asked this question and the JREF has dodged answering it for the entire time ... Even though I spoke with Randi himself and requested current information Months Ago!

Goldman Sacks has asked for Bailout Money and everyone else's bonds have taken a hit too.

Why the silence!!!!!
 
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drkitten said:
Because unfounded rants such as yours aren't worth the cost of postage to respond to.

... even by Email.
Click to expand...

Why no Monthly update?
No Quarterly update?
No Requested update?

I guess we are now waiting for a YEARLY UPDATE :)
It's been
SEPTEMBER (No Update)
OCTOBER (No Update)
NOVEMBER (No Update)
DECEMBER (No Update)

Well now it's ........
JANUARY :)

The JREF says all you have to do is ask and they'll disclose the facts .... Well that's not quite the case here now is it?
 
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Regarding my request for the Goldman Sachs information. Received an email from Alison Smith. It unfortunately points me to the August 31, 2008 information.
 
Brody said:
Regarding my request for the Goldman Sachs information. Received an email from Alison Smith. It unfortunately points me to the August 31, 2008 information.
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Brody,

If you plan on replying, perhaps you could ask when the next statement will be published, and point Alison in the direction of this thread (although no doubt she has already seen it)?

I don't recall how frequently they were changed on the website in the past.

Cheers,

Chris

PS.

GzuzKryzt said:
Perhaps the JREF feels no need to respond to Hugely Annoying Pricks? :)
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I like the moderators so much better here than on other forums...
 
Chris:

That's exactly what I plan on doing. I want to remove the legs from The Professors little running accusations.

And I want to do it by sincerely and actually following suggestions from the members of this forum. Perhaps then he'll see that he should do *something* about his claims other than whine and cry.

And hugely annoying is still an understatement.


Alison:

Thanks for your reply. The information in the PDF is from August 2008. When could I reasonably
expect current information?

Thanks,
Click to expand...
 
The Professor said:
Why no Monthly update?
No Quarterly update?
No Requested update?

I guess we are now waiting for a YEARLY UPDATE :)
It's been
SEPTEMBER (No Update)
OCTOBER (No Update)
NOVEMBER (No Update)
DECEMBER (No Update)

Well now it's ........
JANUARY :)

The JREF says all you have to do is ask and they'll disclose the facts .... Well that's not quite the case here now is it?
Click to expand...

Let's assume for now you got the forum members' attention because you pointed to evidence of the JREF's wrongdoing. So far, so good.

What is your next step?

I assume you intend to achieve a resolution to the problem you pointed to, right?
 
The Professor said:
I guess we are now waiting for a YEARLY UPDATE
Click to expand...
What do you mean we, pale face?

I'm sure JREF will update it eventually, if and when they consider it necessary. In the meantime I for one am perfectly satisfied with the information that's already been given. Not that it's of any relevance to me, in as much as I'm not about to make a credible attempt at the challenge. Something which you and I do have in common.
 
I'm with pixel42 I have stated on another thread,I don't care if the million isn't updated,I haven't got paranormal powers-much like yourself Dave and Jim.You crying like a baby on here-to a forum of people who don;t care is getting you knowhere.

Let's see if you can answer a straight question-it's a long shot-have you requested in writing a statement?
 
Azrael 5 said:
I'm with pixel42 I have stated on another thread,I don't care if the million isn't updated,I haven't got paranormal powers-much like yourself Dave and Jim.You crying like a baby on here-to a forum of people who don;t care is getting you knowhere.

Let's see if you can answer a straight question-it's a long shot-have you requested in writing a statement?
Click to expand...

This is pretty much irrelevant. Slim's application has been closed due to failure to pursue his claim in good faith and communciate honestly.

The JREF has no obligation to provide him any information.

Here are the IRS regulations for what information nonprofit organizations must disclose. Notice that there is no reference to current holdings information being available to the public.

Seeing that Slim is no longer in contractual negotiations with the JREF, and that his only relationship with them at the present is as a poster on these boards, they have no legal, moral, social, or other interest or obligation in providing him with the information he asks for.

Considering his past behavior, I would think it fairly wise of them to completely ignore any communication from him.
 
To my knowledge, there have NEVER been monthly updates to the statement. We receive and post quarterly updates. It has been roughly four months, and this includes the holiday seasons.

The statement will be posted as soon as is possible.
 
The Professor said:
Why no Monthly update?
No Quarterly update?
No Requested update?

I guess we are now waiting for a YEARLY UPDATE :)
It's been
SEPTEMBER (No Update)
OCTOBER (No Update)
NOVEMBER (No Update)
DECEMBER (No Update)

Well now it's ........
JANUARY :)

The JREF says all you have to do is ask and they'll disclose the facts .... Well that's not quite the case here now is it?
Click to expand...

You do realise that with the last statement being the August 2008 statement, the next quarerly statement would be the December 2008 one, which could be expected to be recieved some time in January 2009? Which we are currently right at the start of. Isn't it amazing how a tiny little bit of common sense can answer these questions so easily?
 
Glad to hear it. Can't wait to see the next fairytale Mr Koenig concocts about the JREF once this story is blown out of the water.

Chris
 
Merged this thread with another started on the exact same subject.
Replying to this modbox in thread will be off topic  Posted By: Darat
 
RemieV said:
To my knowledge, there have NEVER been monthly updates to the statement. We receive and post quarterly updates. It has been roughly four months, and this includes the holiday seasons.

The statement will be posted as soon as is possible.
Click to expand...

Thanks Alison ...So you are only SIX WEEKS LATE :)

Why a Month and a Half delay?

And what about my multiple requests several months ago?

Anyone with half a brain knows that GS has sent out communications to all of their clients concerning the market problems. Why are you so late in relaying the information?
 
DevilsAdvocate said:
It is. Jeff confirmed that. And the year is still 2008. And the sun is still warm. And two is still less than four.

You will be notified, or you can easily check, if any of these things have changed.

Sit back. Relax. Dream about a million dollars. Kick off your shoes. Work up a protocol. :cool:
Click to expand...

Wow ... Still no update and it's been MONTHS Devil's Advocate :)
 
GzuzKryzt said:
Rjh01 already made a valid point.
Also, the JREF lacks the resources to update the progess on each claim. I also find it unfortunate but we have to live with that - unless you want to donate a large sum and speed the process up.

And only a snarky cynic would say the JREF Staff's precious little time is often consumed by insincere applicants, wouldn't he?
Click to expand...

The JREF takes in over $400,000.00 a year. Are you serious in saying that they can not afford to keep up with the challengers emails?
Hogwash!!!!!
:cool::cool:
It's been more than another week of NOTHING!!!!!!

Last update was NOVEMBER OF LAST YEAR !!!!!!

Edited by chillzero: 
Movde to appropriate thread
 
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The Professor said:
Thanks Alison ...So you are only SIX WEEKS LATE :)

Why a Month and a Half delay?

And what about my multiple requests several months ago?

Anyone with half a brain knows that GS has sent out communications to all of their clients concerning the market problems. Why are you so late in relaying the information?
Click to expand...

Please,stop attacking and lying.ANY update for given month/period will come after said MONTH/PERIOD ENDS*.Therefore you are wrong.They(JREF) ARE NOT six weeks LATE.They cannot be late as they HAVE NOT recieved any update.

("random caps" are there to get attention of "professor")
 
The Professor said:
Anyone with half a brain knows that GS has sent out communications to all of their clients concerning the market problems.
Click to expand...

You've ignored this question once already, so I'll ask it again. How exactly do you have any knowledge of the details of any communications between Goldman Sachs and JREF regarding their account?
 
Here's my "Paranormal prediction"
The Professor will be banned from here,very soon. :)
How can one person be SO annoying?!
 
From what my inquiries have shown, the statement was updated. The link leading to it was not.

http://www.randi.org/challenge/goldmansachs.pdf

Here is the November statement which illustrates that the million remains intact.

I hope this will finally clear up any questions regarding the existence of the million. If not, there will be another statement posted at the end of the quarter.
 
RemieV said:
I hope this will finally clear up any questions regarding the existence of the million. If not, there will be another statement posted at the end of the quarter.
Click to expand...

Not only is the million still there, but the account appears to be gaining value. Your response, Professor?

:popcorn1
 
$1,135,634.79

I wish my portfolio had done half so well this quarter.

So, prof. Happy now?
 
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