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Tacman

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  • Posts

    54
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  • Gender
    Male
  • Location
    Washington
  • Interests
    Hunting, Fishing and Wilderness Hiking.

Tacman's Achievements

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  1. I agree with you as far as having them do road work. We should use them in the Pan Handle and desert roads during the day. The only way to get away from that job is to find work that will take them off government assistance. I don't believe that it is too much to ask. Many of our ancestors worked backbreaking jobs just to take care of their families and would not ever consider taking money from the government. They had pride! We as a society have created the lazy a$$ freeloaders. Don't get me started!!!
  2. (Bloomberg) -- Central banks in the world’s biggest currency markets will publish on Monday principles of behavior and ethics for foreign-exchange trading, according to a person familiar with the document. The “Global Preamble: Codes of Best Market Practice and Shared Global Principles,” inspired by a Financial Stability Board proposal in September, was ratified after consultations in eight markets around the world, according to the person, who asked not to be identified because the talks are private. The global move to improve standards of behavior is part of an overhaul after allegations traders colluded to rig rates in the $5.3 trillion-a-day currency market. The list of principles was the first item for discussion at the annual global meeting of foreign-exchange committees that was hosted by the Bank of Japan on Monday, according to an agenda posted on the Federal Reserve Bank of New York’s website. The delivery of the principles is on schedule after a consultation period that was slated to end this month. The proposal was circulated to local foreign-exchange market committees managed by central banks in Australia, Canada, Hong Kong, Britain, New York, Singapore, Tokyo and by the European Central Bank, which have backed the preamble, the person said. In London, the world’s biggest currency market, the Bank of England’s Foreign Exchange Joint Standing Committee was presented the principles at a meeting on March 18 by the BOE’s Head of Foreign Exchange Michael Cross. London FixThe FSB’s recommendations include requirements for systems and controls to develop and promote ethical behavior, and codes of conduct. In its Sept. 30 report, regulators had supported extending the width of the trading window used to calculate foreign exchange rates to five minutes from the one-minute windows in which the WM/Reuters rates, including the key 4 p.m. London fix, were being set. The Wall Street Journal earlier reported that central banks had agreed on a set of guidelines for the currency market. It said that the principles would ban traders from sharing client identities and information and disclosing data that could allow someone to deduce that information. http://www.bloomberg.com/news/articles/2015-03-26/global-currency-trading-principles-said-to-be-ready-for-release
  3. Thanks again Yota! You are an absolute blessing.
  4. Thanks Yota! By the way, do you ever sleep? Now that you are appreciated greatly!
  5. MEDIC! I have a headache in my eye that is short circuiting my brain! WHAT?
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