CorporateExec

I believe someone is scared. "Run and hide, run and hide!"

+1 Whahaha.

DISCLAIMER: I'm not mad or upset at the messenger. I understand this is the Rumor section, but COME ONE! Blatant lies! There's is NO proof of any type of trading account for Obama, and a Vatican account?!?!?!?! (These lies get better and better.) FYI: When an individual is elected to the office of the Presidency, they cannot and will not engage in investment trades, business actions and cannot endorse any company publicly for financial compensation.

Adam - Very nicely done!

Right....

+1 :woot: :woot: Very well said sir!

This is a very valid observation! If there general business description, filed with the IRS under their Tax ID number, is different then there current business transaction....they will get audited. The majority of the audits that we see in the financial sector is due to Anti Money Laundering (AML). If their business looks out of place, and they deal with currency or cash transactions, it will raise red flags.

Multilevel Marketing (MLM), or direct sales, is also known as a "pyramid scheme." Disclaimer: There are some really great MLM companies out there such as Mary Kay, Amway, etc. and not all MLM's are scam companies; however, there are some scams out there.

I can verify what Ngodstust2 stated! I work with Chase executives on a regular basis, and there is no new information. I know this is a rumor section, but how many times will people use "Chase" as a bank story. My $0.02!

Josh, You are a pumper, and your "other business" with Brad Huebner doesn't count. Multilevel Marketing, or direct sales, has no meaning here. Nice try though.

Yeah, and he's right. If it does happen after Ramadan, then that could be next month, next year or next decade. Man...I wish I could be a guru...and know nothing.

Prediction failed.... (Shocker!)

There's no such thing as Tiers 1 -3. I call BS!

Too funny!

The information cannot be located at this time and is currently speculation. Unless, someone can actually show us proof and I mean proof. Also speculation. As far as I knew, their debt payments are still active and I haven't seen anything come over the wire confirming the payoff. Correct. That is insider trading and is punishable by fine and/or imprisonment. Speculation. Great point! The only care(s) they have right now are stabilizing their government, and how to get the United States out of their pockets. A lot of people seem to think so that if a guru confirms another guru, then it must be fact. It's funny how no one ever states sources, and the only sources I ever read about are from blogs. These blogs are just talking heads.

If your wife's Arabic is correct, then these economists are discussing redenominating (RD) the IQD, not a RV. If they were to RD the currency right now and lop 3 zeros, then one IQD would be worth $0.85 (simple math with the exchange rate of 1IQD = $0.00085 with the 3 zeros.) However, if they were to do RD, your 1,000,000 IQD would now be worth 1,000 IQD. Welcome to Forex. Let's hope they are RV first, and then RD....not the other way around. My $0.02!

You can't have both. You can have one or the other, but not both. If you have a currency overinflated, then you will see a redenomination (RD) with loping 3 zeros. If you have an undervalued currency after UN sanctions lift, then you will see a RV. Let's all hope for the RV not the RD. My $0.02!

True.

I would agree the shareholders meeting speech and the first time Bud Fox met him in his office. Epic quotes! Good one!

It's not me. The photo is of Gordon Gekko.

Ouch....

Great advice!

I wouldn't kick it out of bed....

Perfect analogy!

Thanks for your honesty!