ultralane
ultralane t1_jeglyty wrote
Reply to comment by DerpyMcOptions in "No REALLY, we're doing fine" ~ every bank right now by JPowsSecretlover
T-bills always mature within a year. Treasury notes lasts from 2 - 5 years. Treasury bonds are longer.
T-Bills are liquid assets, but I would definitely pause if they don't have the standard 3 month rule that everyone else normally applies.
ultralane t1_jega5nb wrote
Reply to comment by DerpyMcOptions in "No REALLY, we're doing fine" ~ every bank right now by JPowsSecretlover
I had gotten my treasury investments mixed up. If a maturity is going to be matured in 3 months, then the t-bill can be considered as cash. Otherwise its a short-term investment.
ultralane t1_jefyjsl wrote
Reply to comment by DerpyMcOptions in "No REALLY, we're doing fine" ~ every bank right now by JPowsSecretlover
T Bills are never considered as cash and any audit firm worth an ounce would have a friendly discussion with management and a disclosure to the public (if the issue isn't rectified).
ultralane t1_j2sjirf wrote
Reply to comment by vicblck24 in Brittney Griner Awarded "Arizonian of the Year" by Clean_Sheets_69
Snoop Dog didn't work for someone as powerful that Griner did (in Russia at least). I have no doubt that Griner's employer allowed her to play by a different set of rules/laws without her knowledge.
ultralane t1_j2sj1h9 wrote
Reply to comment by maniacalmustacheride in Brittney Griner Awarded "Arizonian of the Year" by Clean_Sheets_69
Based on what I've read, the hope was that if she plead guilty, the process would play out faster in getter her home. Turned out true, but Russian was more than willing to keep her.
ultralane t1_j2sib18 wrote
Reply to comment by Flipmstr2 in Brittney Griner Awarded "Arizonian of the Year" by Clean_Sheets_69
Iirc, he was an extremely small amount that would so its possible she just missed it. Also, she benefited from her employer being real powerful that gave her more leniency for some rules that she may not have known existed. If you don't know Russian, then it would be damn near impossible to know the regulations by the letter of the word. I would imagine that her having THC was previously allowed for flights in Russian because of her employer said so.
Edit: Some of the post is a bit speculative, but I don't think its farfetched and gives some benefit of the doubt when people are hellbent on running her over with a bus.
ultralane t1_j2s5yjd wrote
Reply to comment by crgresham in Brittney Griner Awarded "Arizonian of the Year" by Clean_Sheets_69
I was only referring to the Russian event, not her personal. Sorry if this caused confusion. I am not saying she's an angel or other people should have gone home first. All valid criticisms which I would agree on some level with.
ultralane t1_j2s5iwk wrote
Reply to comment by vicblck24 in Brittney Griner Awarded "Arizonian of the Year" by Clean_Sheets_69
I believe so, but I can't be 100% sure. My point is more that she failed to realize it was in her position at that time, therefore she didn't know she had committed a crime while committing a crime. That's assuming if you give the guilty plea water, which I would discount considering the lawyer and the court was compromised to some extent (the court was very compromised).
ultralane t1_j2s509w wrote
Reply to comment by Flipmstr2 in Brittney Griner Awarded "Arizonian of the Year" by Clean_Sheets_69
She didn't know/realize she had THC. She also wasn't on a domestic US flight. I said 'knowingly', and not suggesting she's innocent by any means, just that the punishment and the means of convictions is a bit suspicious.
ultralane t1_j2rr9xp wrote
Reply to comment by tade757 in Brittney Griner Awarded "Arizonian of the Year" by Clean_Sheets_69
She played for a rich guy that allowed her to get some privileges that were revoked without her knowledge. She was also unaware that she had cannabis in her suitcase as she was in a hurry. Russia's legal system is not setup to be fair...That's all I'm really saying. Regardless of if she's innocent or not, their legal system was not supportive of being a fair trial/outcome.
ultralane t1_j2q9r2j wrote
Reply to comment by nemo1080 in Brittney Griner Awarded "Arizonian of the Year" by Clean_Sheets_69
I'm not sure if AZ has legalized cannabis, but I'm guessing this is more of a way to get donations than the award itself. Also, WTF is the award for? MVP for existing?
ultralane t1_jegshw1 wrote
Reply to comment by DerpyMcOptions in "No REALLY, we're doing fine" ~ every bank right now by JPowsSecretlover
I never said I was defending. If a maturity is maturing in 3 months or less, its allowed to be in Cash on their financial statements, assuming that it is disclosed on what's included. The lack of a hard and fast time rule is what is sticking out to me, assuming Reddit is stating the footnote correctly. The 3 month rule is applicable to 99.999999% of companies that follow GAAP. I really don't have an interest in going through some random companies FS. Just stating what is standard.