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    Banks have no standing to take away a persons home

    This is not good enough a reason. Banks still have all the rights associated with a non-securitised loan such as putting claim on any homeowner's cash and sending bailiffs.
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    Banks have no standing to take away a persons home

    It is porbable that the security for the loan cannot be ressigned to an investor because the permission to reassign it was not in the original mortagage agreement. So, no additiona agreement between the investor and the bank will help. This may nott be easy because most mortgages are owned not...
  3. L

    Banks have no standing to take away a persons home

    That's a little more complex than incomplete paperwork. A bank gave a loan secured on a home. The loan was sold to an investor. Now, investor owns the right to demand repayment on the loan but the home as security stays with the bank. So, the investor cannot demand repossession as they have...
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    How do the Cayman Islands assist in avoiding taxes?

    Given rufus_4000's excellent post I don't think it's actually "avoiding" taxes
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    Account risk

    I wish they don't reduce it!
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    Stimulus plan passes congress; Black Tuesday.

    Good observation! Is anyone for a short on comical grounds?
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    I need some experienced guidance please!!

    I want to reiterate, education and IQ have very little to do with trading success... but you have to have something to show before you are considered
  8. L

    Please recommend good hardware system for daytrading?

    Unless you are doing something coputationally-intensive, I don't think it matters what hardware you have. It's software and quote provider that make the difference.
  9. L

    Make sure you Don't hold GLD for security !!!

    Right to the point! I prefer gold bullions (in the bank) and diamonds and other "physical" valuables
  10. L

    If ford goes under 1 dollar does it become an OTC stock?

    Nasdaq is not OTC, is it?
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    Account risk

    1. Are brokerage accounts at risk due to current financial crisis experienced by banks? - Yes, more than ever since equity ownership became comon and not the privildge of the very rich 2. Where do brokerages keep our money? It it in another bank? - Yes, indeed. It's a good idea to check...
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    when is dow jones going to boot gm for GOOG, citi for Cisco

    Not soon. The list of index constituents involves some discretion.... and no index provider wants fast rotation... especially when members leaving the index are the largest customers
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    How do the Cayman Islands assist in avoiding taxes?

    Cayman Islands do NOT assist in avoiding taxes because if they are directly asked by local authorities they'll give direct answer. Cayman Islands is the prime location for hedge funds as local cuorts tend to favour fund management over investors.
  14. L

    Preserving capital?

    Physical gold, government inflation linked bonds (though inflation statistics is heavily tempered with you bet iflation is going up), crisis-resilient companies such as pawn shops and low-end bars
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    I need some experienced guidance please!!

    Un-audited track record on personal account may work. Back-tested trading system may convince prop firms. The record of "watching" the market doesn't account to anything.
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    Printing $....simple answer please.

    Given the current interest rates, a loan given by the Fed to the Government or any affiliated banks is essentially free. Do you realise that to insure US government debt costs 0.7% per year now why 2 years ago any US debt was considered risk-free?
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    Pure Tick - Last Day for Trading Alerts

    The only merit of the original post is it's bold font (sponsor). That's a good enough reason for me (and any reasonable person) not to read any more of this thread... unleass you are a lawyer seeking to sue Puretick
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    Looking for the Worst Automated Systems

    They don't. But they hire the dumbest risk managers... for the same reason.
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