According to a very reliable source (my cousin Molly), the highest percentage of sex slave victims (per capita) originate in the following countries: Belarus Moldova Russia Ukraine Albania Bulgaria Lithuania Romania China Thailand Nigeria Continue reading
Category Archives: Money
The Mexico Series… Savvy Young Heirs Give Mexico Drug Cartels New Face
Standing before flashing cameras in a white Abercrombie & Fitch jogging suit with trendy glasses and a swish haircut, Vicente Carrillo Leyva doesn’t fit the classic image of a gun-toting drug kingpin. The 32-year-old was detained quietly enough: police nabbed him while he was exercising in a park in a plush Mexico City suburb. Carrillo … Continue reading
The Mexico Series… Latest Member of Forbes Magazine’s Exclusive List Of Billionaires
Cocaine King Forbes released its annual billionaires list yesterday and not surprisingly there are a lot fewer of them. One interesting new name did manage to sneak onto the list this year. Joaquin Guzman Loera of Sinaloa, Mexico, is tied for #171 on the list with an estimated fortune of $1 billion. Guzman’s industry is … Continue reading
Quote of the Day: Mark Cuban
“I am usually opposed to investing in any non dividend paying stocks. I think the stock market is closer to a Ponzi scheme or chain letter than it is an efficient market. I’m not into p/e ratios, p/s ratios, etc. And I’m not going to make a big investment in a company just because I … Continue reading
Gold Standard
This one’s primarily for you, Sienna, but in this week of great turmoil in the financial markets, it bears reading by us all… Today we are switching things up a bit with a guest essay: ******************************** “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There … Continue reading
End-User Certificates
Education time, kids… For those of you that don’t know, international legal protocol surrounding the shipment of lethal weapons requires that the shipper have a certificate of “end use” in which the buyer declares that the weapons are for its use only, and will not be transshipped. The end-user certificate in this example covered shipments … Continue reading
The Biggest Losers
Largest recorded losses due to activities of a “rogue” trader ranked in order of loss size: 1. Jerome Kerviel Size of Loss: $7.1 billion Employer: Societe Generale Source of Loss: European index futures Year: 2008 2. Brian Hunter Size of Loss: $6.5 billion Employer: Amaranth Advisors Source of Loss: Gas futures Year: 2006 3. John … Continue reading
The Velvet Rocket 