Ari
this isn't investing in anything
it is laid out the same way as bookmaking:
you will make a bet + or - and the broker will get a vig
this is illegal in almost every venue except Las Vegas, Atlantic City
etc and this very type of bet is currently illegal in Nevada unless
it is a sports bet. We can't bet on Idol winners for instance
(rightfully so, as they're mostly losers anyway)
At 06:17 PM 2/23/2010, Ari Richards wrote:
I dont, really understand why anyone cares, A fool and his money
are easily parted, (as it goes).
Don't like it? don't buy it.
Commodities are bought and sold every day, all day, mostly the buyer
and seller never see any of what they are dealing with, its crap,
its juggling $, its a money game, but the end of the day, so is your
$1 bill, its a bit of paper that says people will honor it and give
you $1 worth of whatever for it.
If you invest in anything, do your homework, and speak to relyable experts,
A true story, a very good friend of mine, his father is a Lawer and
has a lot of cash to burn, was asked by his best friend George
Miller to invest $20K into a movie he wanted to make. Friends Dad,
said no story sounds silly, wont make a buck. Miller went elsewhere
and made Mad Max.
Friends dad, still kicking himself.
At work I have people coming in for "Investments" all day, some will
take my advice, some will not believe me. Up to them.
If you can afford WHATEVER, and are willing to take the risk, then good luck,
theres always gonna be snake oil salesmen,
Ari
From: Franc <fdav...@verizon.net>
To: MoPo-L@LISTSERV.AMERICAN.EDU
Sent: Wed, 24 February, 2010 1:04:21 PM
Subject: Re: [MOPO] Wall Street to begin new scam: Betting on movies!!
It looks as if you're investing in some convoluted way in a tiny
percentage of the theatrical gate. This is yet another example why there
has to be some regulations put into place on Wall Street. The concept of
free market capitalism never envisioned this.
FRANC
-----Original Message-----
From: MoPo List [mailto:mop...@listserv.american.edu] On Behalf Of
Richard Halegua Comic Art
Sent: Tuesday, February 23, 2010 6:29 PM
To: <mailto:MoPo-L@LISTSERV.AMERICAN.EDU>MoPo-L@LISTSERV.AMERICAN.EDU
Subject: [MOPO] Wall Street to begin new scam: Betting on movies!!
<http://www.cbsnews.com/stories/2010/02/23/entertainment/main6235935.shtm>http://www.cbsnews.com/stories/2010/02/23/entertainment/main6235935.shtm
l
the way it's laid out, I can't imagine that this is anything less
than bookmaking and I'm pretty sure the Gaming Board outlawed this in
Nevada years ago. I'm totally shocked that the SEC or any other
regulatory body would sanction such business on Wall Street
I'm really shocked
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