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They Are At It Again!

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Meandering

Elite Member
Joined
Feb 26, 2006
Professional Status
Real Estate Agent or Broker
State
Pennsylvania
1209 North Orange Street. Wilmington, Delaware.
This single address is, on paper, home to nearly 300,000 separate businesses.

Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley have all gone there lately for the same reason: to work around guidelines involving byzantine investments known as structured notes. It’s a shrewd maneuver -- and perfectly legal. After Lehman Brothers, federal authorities wanted to make banks simpler and safer. As part of that effort, they’re going to restrict banks’ ability to sell structured notes out of their parent holding companies starting in 2019. As before, bankers at the home office design and market these notes. But legally, the drop-box subsidiaries actually issue them. The proceeds are then whisked to the mother ship or still other affiliates.

So if you are buying investments, be wary of this, because it is happening, there are hidden fees, and even through a bankruptcy, you're supposed to be paid
:rof:

But if you believe it all, know that it's been setup outside of, and to get around current regulations about structured notes.

You can read more from the headline here:

The Shell Game Behind a $43 Billion Market

When they go belly up, there will be yet again, wailing and gnashing of teeth.
save your friends.

.
 

Randolph Kinney

Elite Member
Joined
Apr 7, 2005
Professional Status
Retired Appraiser
State
North Carolina
Structured notes are only problematic when the investment goes bad. That is usually when the economy falls into recession. Stock and commodity prices fall in value.
 

Meandering

Elite Member
Joined
Feb 26, 2006
Professional Status
Real Estate Agent or Broker
State
Pennsylvania
They can't be a problem, that's why they're not regulated.

300,000 companies with the same mailing address. No problem.

:whistle:
.
 

Meandering

Elite Member
Joined
Feb 26, 2006
Professional Status
Real Estate Agent or Broker
State
Pennsylvania
These guys should be appraisers!

How do you turn negative $2.5 billion into positive $3 billion?
Pay close attention.
Here's the mathematical equation:

(Non-GAAP Financial Metric)² x (Yahoo) = Absurd

Yahoo CFO Ken Goldman turned up this week at a Citigroup investor conference for a chat and a post-sale victory lap about a company whose internet businesses were worth more than $45 billion to Microsoft in 2008 but are now in line to sell for less than $5 billion.

Link

Kinda reminds me of solar panel math.

Lots of sunlight that still can't shine through the sh*t

.
 

Noreen

Senior Member
Joined
Feb 5, 2011
Professional Status
Certified Residential Appraiser
State
New Hampshire
Marion, you could be a "common sense" Mathematics teacher, your research work is unbelievable!
 

Meandering

Elite Member
Joined
Feb 26, 2006
Professional Status
Real Estate Agent or Broker
State
Pennsylvania
  • Deutsche Bank has been asked to pay $14bn by US Justice Department
  • US government said banks misled investors about the quality of their loans
  • The claim against Deutsche was much bigger than had been expected
  • Bank said it had 'no intention' to settle 'anywhere near the number cited'
The claim against Deutsche, which is likely to be the subject of negotiations for several months, was much bigger than expected.

'Deutsche Bank has no intent to settle these potential civil claims anywhere near the number cited. The negotiations are only just beginning.

'The bank expects that they will lead to an outcome similar to those of peer banks which have settled at materially lower amounts.

Two sets of rules.

Read more: http://www.dailymail.co.uk/news/article-3792174/Deutsche-Bank-No-plan-pay-14B-Justice-Dept-settlement.html#ixzz4KR2pcOfg
 

Michael S

Senior Member
Joined
Mar 18, 2009
Professional Status
Certified General Appraiser
State
New Mexico
  • Deutsche Bank has been asked to pay $14bn by US Justice Department
  • US government said banks misled investors about the quality of their loans
  • The claim against Deutsche was much bigger than had been expected
  • Bank said it had 'no intention' to settle 'anywhere near the number cited'
The claim against Deutsche, which is likely to be the subject of negotiations for several months, was much bigger than expected.

'Deutsche Bank has no intent to settle these potential civil claims anywhere near the number cited. The negotiations are only just beginning.

'The bank expects that they will lead to an outcome similar to those of peer banks which have settled at materially lower amounts.

Two sets of rules.

Read more: http://www.dailymail.co.uk/news/article-3792174/Deutsche-Bank-No-plan-pay-14B-Justice-Dept-settlement.html#ixzz4KR2pcOfg

If they actually charged the bank and it's officers/board with criminal charges the size of the penalty would suddenly be dwarfed by the potential losses of basically being cut out of the US financial system if they were convicted of crimes (instead of just paying a big fine and not admitting to any guilt). On the one hand the government is simply trying to extort money with that stick of proffering criminal charges. On the other hand by simply allowing these companies to pay their way out of criminal behavior it just becomes a cost of doing business that is ultimately passed on to their consumers and investors in the form of higher costs and/or lower returns on their investment. The first bank to go out of business because it's convicted of fraud would send quite the signal to the rest that if their boards don't start reining in their own bad behavior they too could find themselves going out of business or going to jail.
 

Meandering

Elite Member
Joined
Feb 26, 2006
Professional Status
Real Estate Agent or Broker
State
Pennsylvania
All men are created equal,
But not corporations or banks.
Just because they are people too,
does not mean they were created equal
and subject to the same laws.
Defraud one of them and see if you can negotiate out of it.

.
 
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Big ole Boy

Elite Member
Joined
Dec 6, 2003
Professional Status
General Public
State
Tennessee
All loopholes lead to crystallized oligarchy worldwide. TPP - complete capitulation of individual/national sovereignty.
 

glenn walker

Elite Member
Joined
Oct 11, 2006
Professional Status
Certified Residential Appraiser
State
California
I just want to bang my head on my desk ** Any 16 year old can go to google and post links and act like it's news : ) LOL
 
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