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Newbie is her
Hey all
I'm newbie in here, and hope this is a good spot for introduction
Just wonderin where can I read forum's rules? I can't see it posted anywhere
Thanks,
Arie
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LLC Articles of Amendment
Anyone know where I can find an example of how to write up Articles of Amendment for a LLC in GA? I've searched the SoS site and they don't have an example up. I want to change one of my articles that states the percentage owners of the LLC.
I figure it shouldn't be too hard to write up, but I'm not sure how strict they are on format/wording.
TIA
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It's always nice to see Justice in action
SAN FRANCISCO (Reuters) -- A judge sentenced two former Enron energy traders involved in the scheme to manipulate California energy prices to two years' probation and a $10,000 fine each Wednesday after they cooperated with authorities in the case.
Former Enron executive Jeffrey Richter pleaded guilty in February 2003 to conspiracy to commit wire fraud in connection with Enron's power trading schemes in California. Timothy Belden, Enron's former top West Coast energy trader, made a similar plea in October 2002.
The Enron schemes to manipulate energy prices during California's 2000-2001 energy crisis are estimated to have cost the most populous state about $42 billion.
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It's up to you, Mumbai , Mumbai
I thought this was funny, from the Dow Jones Newswire (not my usual source for comedy but you go with what you get):
By David Weidner
A Dow Jones Column
The Big Apple is a flyover town. A pit stop en route to places where they
actually do business.
New York is bucolic, provincial, unsophisticated, simple. There are just 8.1
million of us. Are we at risk? Let's just hope this turnip truck doesn't hit a
bump. Is Gotham in danger of losing its status as a financial capital? In the
world of capitals, New York isn't even the capital of its own state.
The New York Society of Security Analysts, which is hosting a series of
meetings and speakers Thursday, is the latest group to tackle the so-called
issue of New York's ability to compete among the world's financial markets.
The alarms have been ringing so loud for so long, you have to wonder if there
is anyone left in this town to attend.
Mayor Michael Bloomberg, Sen. Charles Schumer and "et tu" Gov. Eliot Spitzer
joined hands Jan. 23 to trumpet a 142-page report by McKinsey & Co. that
concludes New York is on its way out as a financial capital. The cause, of
course, is excessive regulation. Some of the decline also appears to be due to
frivolous lawsuits - apparently, the same sort that brought down Rome.
They say it is a city without purpose. Technology has eliminated the need to
actually be in New York. The Yankees haven't won a World Series in seven
years. The sky is falling, and we don't just mean the mounds of sleet and snow
that blanketed this small town in the last 24 hours.
A 'Serious' Threat
The city has little to boast about. Financial services represent only 15% of
the city's economy, compared with 8% for all of the U.S. Only six of the
world's top 10 financial institutions by market value are based in New York,
McKinsey said. The bonus pool reached a record $24 billion at the end of 2006.
Employment is near 2000 tech-bubble levels.
Sure, it sounds great. But McKinsey says it's all as good as gone.
There is $51 trillion in U.S. stock, but $38 trillion in Europe, $13
trillion in Asia excluding Japan, $20 trillion in Japan. The U.S. market is
growing at a 6.5% rate compared with between 6.8% and 15.5% for other regions.
The problem is obvious: How did we ever let them get that much stock? Must
have happened on Clinton's watch.
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the other side..
its always important to understand the other side of any trade you enter, imo. despite the feeble attempts of the recent hacks, it is important that we discuss the things that are weak about this market. we have to know their game better than they know it themselves. only then do we have the confidence to resist panic and stay with our positions. or understand when we have misjudged a situation and cut our losses.
so, what worries folks?
manipulated markets for one. borrowed from bill cara:
Another term for "shake-out" is "sweep the street" in which a group of conspiring market makers call around to their desks and simultaneously pull their bids, which causes prices to fall, which in turn triggers some near stops. Then after another group phone call (many are on the same squawk box), the bids are re-entered, and the trap closed. Then they take the market up. This practice has been going on for oh maybe 80 years, and I'd guess that many of the leading lights on Wall Street know the game, and may even be experts at it. What is wrong with this, of course, is those market makers hold your orders and they use this knowledge to trade against you. They conspire to rip you off. Wall Steet and Govt facilitates it because of something called a broker-dealer, which is the most conflicted entity the world has ever seen. When brokers are separated from dealers, which are separated from commercial lending banks, then, and only then, will there be a remote chance to have a "fair" market. I have been writing about this problem for almost three years in this blog. I hope the message is sinking in. BTW, I have made these same statements, formally and informally, to securities regulators. They don't and won't take action because regulators first serve vested interests. The public is an after-thought. It's up to all of you to speak up if you have any hope of trading on a level playing field.
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Speaking about the upcoming elections
People are tired of the Republicans(dems winning congress is proof). So I predict that John Edwards will win the elections and become the next president. Hillary is running, but she'll never win, neither will Obama. But either one could join Edwards as a running mate and become vice president. How about that...?
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mortgage vs. stocks
What would you put more money into?
For me it?s ?.. potential, fun, emergency fund, retirement VS. guaranteed savings. in 30 years i'd have paid over twice the sale price of my house.
What should take priority? should it be an even split?
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cnn/money online site
anyone check out the new site? its actually pretty good, you can up to the minute quotes, it shows short interests, very impressed with the site
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Medication for our Basher friend
Just trying to help. Take the quiz.
http://www.havidol.com/
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Movies That Refuse To End!!!!
One of the perks of making it big in LooneyWood is you can make movies that you are such a big shot the movie goes on and on and on beyond its logical ending
For example, George Clooney has replaced Kelvin Costner (who burned up his career doing this) as the worst offender in doing this
Steven Spielberg and George Lucas also will not just do a basic movie and let it go
High price pedantic movies cannot let themselves crawlllllllllll to a logical ending either
Hate Tom Cruise, but he allows movies to end, plus his movies have logical beginning and middle as well
It is a shame Cruise cannot live his real life the same way
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