The Young and the Restless - MESSAGE BOARDS

Quote Just Mary: She did not embezzle or steal the money, she "borrowed" from Summer's trustfund nor did she clean Summer out. A mere 1% of a billionaire's trust could be millions and she borrowed the money. People do that all the time. I remember shortly before winning the lawsuit, the reason Nick got involved with Abby and Victoria was because he found out Victor was "borrowing" from the trust fund. People do do it and I am sure Phyllis intends to pay it back.

She did not "run two people down in cold blood" as both Paul and the "bug" are very much alive and I do not recall them getting as much as a scratch from what happened. If she did do it, the facts are not in.

Quote Just Mary: She did not embezzle or steal the money, she "borrowed" from Summer's trustfund nor did she clean Summer out. A mere 1% of a billionaire's trust could be millions and she borrowed the money. People do that all the time. I remember shortly before winning the lawsuit, the reason Nick got involved with Abby and Victoria was because he found out Victor was "borrowing" from the trust fund. People do do it and I am sure Phyllis intends to pay it back.

She did not "run two people down in cold blood" as both Paul and the "bug" are very much alive and I do not recall them getting as much as a scratch from what happened. If she did do it, the facts are not in.

Quote Just Mary: She did not embezzle or steal the money, she "borrowed" from Summer's trustfund nor did she clean Summer out. A mere 1% of a billionaire's trust could be millions and she borrowed the money. People do that all the time. I remember shortly before winning the lawsuit, the reason Nick got involved with Abby and Victoria was because he found out Victor was "borrowing" from the trust fund. People do do it and I am sure Phyllis intends to pay it back.

She did not "run two people down in cold blood" as both Paul and the "bug" are very much alive and I do not recall them getting as much as a scratch from what happened. If she did do it, the facts are not in.

Quote Tharpie: Technically the money is Phyllis' if she is one of the people that set up and paid into the trust. Until a child comes of age parents can manage the trust anyway they see fit. They can empty it and close the thing down if they choose. Some parents create trusts for the sole purpose of creating a tax shelter and never have any intention of giving that money to their children (my dad did this). These writers don't understand trusts as all and have screwed the pooch on everything from Abby suing Victor to this trust issue. So, yeah...it's not theft when it's your own money, no matter how you've designated it. A trust is basically a designation and you are allowed to change your mind. The main difference is the tax status. But it's a bit desperate that's for sure.

Quote Tripin47: That's what a drowning rat does.....did you see Titantic, when the ship went, and two lovers got seperated when they went under. The woman came up yelling Jack! Jack!!!!, and this paniced man grapped her by the shoulders to keep himself a float, at the cost of killing her. Jack came along and had to pop the man in his face, to get him off her.

THAT'S Phyl, only lower, because to that terrified man, that woman was a total stranger, no bond, no history, nothing...BUT with this rat Phyl, it's much much worst, because she's taking down her own family all to save her tired a$$. First Nick, look how she's willing to make him loose EVERYTHING, even his family and friends to keep her from going under. AND now, her own daughter is the next shoulders she's gonna stand on to keep from going under.

That's the WORST kind of lowlife there is, the one that will stand on the shoulders of their family, to save their a$$, at whatever expense to them... And Nick goes around bragging on how Phyl will PROTECT her family at all cost, he part of that right, put interject HERSELF where family was and then you spot on.

Quote tarhells:

You got that right! Phyllis is a rat who will gnaw the legs off her own offspring to feed herself.

Quote Just Mary: She did not embezzle or steal the money, she "borrowed" from Summer's trustfund nor did she clean Summer out. A mere 1% of a billionaire's trust could be millions and she borrowed the money. People do that all the time. I remember shortly before winning the lawsuit, the reason Nick got involved with Abby and Victoria was because he found out Victor was "borrowing" from the trust fund. People do do it and I am sure Phyllis intends to pay it back.

She did not "run two people down in cold blood" as both Paul and the "bug" are very much alive and I do not recall them getting as much as a scratch from what happened. If she did do it, the facts are not in.

Quote Just Mary: She did not embezzle or steal the money, she "borrowed" from Summer's trustfund nor did she clean Summer out. A mere 1% of a billionaire's trust could be millions and she borrowed the money. People do that all the time. I remember shortly before winning the lawsuit, the reason Nick got involved with Abby and Victoria was because he found out Victor was "borrowing" from the trust fund. People do do it and I am sure Phyllis intends to pay it back.

she told her banker friend it was barrowed but she will never beable to repay it and thanks to a sorased summer she ( summer should find out it is gone in a few years
She did not "run two people down in cold blood" as both Paul and the "bug" are very much alive and I do not recall them getting as much as a scratch from what happened. If she did do it, the facts are not in.

Quote Tharpie: Technically the money is Phyllis' if she is one of the people that set up and paid into the trust. Until a child comes of age parents can manage the trust anyway they see fit. They can empty it and close the thing down if they choose. Some parents create trusts for the sole purpose of creating a tax shelter and never have any intention of giving that money to their children (my dad did this). These writers don't understand trusts as all and have screwed the pooch on everything from Abby suing Victor to this trust issue. So, yeah...it's not theft when it's your own money, no matter how you've designated it. A trust is basically a designation and you are allowed to change your mind. The main difference is the tax status. But it's a bit desperate that's for sure.