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Time and time again

August 20 2007 at 8:31 PM
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will  (Login clearverbiage)



Gentlemen,

Again and again I see posters who do not understand the business

try to get in by proposing nonsensical gibberish on the forum.

There is a wealth of information on this board for anyone to read up.

A private placement is a private treaty between a lender and borrower

and a note is nothing of an 'I Owe You' with bells and whistles.

Rating is an indicator of the credit worthiness of the folks

in the transaction.

The crux is the regulatory minefield that Joker Brokers don't seem

to get.

To be in the game, a certain level of competency is a requirment

and I see offerers not understanding the mere basic, trying to entice

investors with long, boring, unbelieveable tales of trillions, conspiricy

theories, orders of secret knights ( worse than Dan Brown's yarn ) stories

and yet, investors fall for it.

Worst of all I see joker brokers play acting, pretending to be investors,

only to con fellow joker brokers pretending to be traders.

On this forum, there are several silent participants who had written to me

for advise, and I recommended them to brokerages, not to say I had not

receieve my fair share of flakes and several other forum members had

shared their info base with me as well of which I am most grateful.

Gentlemen, to cut my rambling short, do your Due D and know your stuff

from regulatory, compliance, risk management stand point before

getting your feet wet.

will




 
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Dr. Gigi Halim
(Login widjajalim)

Re: Time and time again

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August 20 2007, 11:47 PM 

William;
Good write-out!
However, many of the so-called "brokers" do not know their duties and jobs well.
All the best.

 
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