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Post by yotonic on Jun 7, 2016 4:19:41 GMT -6
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Post by swurveman on Jun 7, 2016 8:13:42 GMT -6
I wonder if Blackrock will give artists the generous terms they receive from the Federal Reserve. “They have access to information when the Federal Reserve will try to sell securities, and what price they will accept. And they have intricate financial relations with people across the globe,” Senator Charles E. Grassley, Republican of Iowa, said. “The potential for a conflict of interest is great and it is just very difficult to police.” “In other words, the conflict results in an enormous profit for the fund manager at the expense of the taxpayer,” Neil M. Barofsky, the special inspector general for the Troubled Asset Relief Program, wrote in a report last month. Wall St. Firm Draws Scrutiny As US Advisor
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Post by NoFilterChuck on Jun 7, 2016 9:07:55 GMT -6
Of the Bank, By the Bank, For the Bank
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Post by rowmat on Jun 7, 2016 17:02:09 GMT -6
The second the men in suits utter the words... "Boy have I got a deal for you!"... you know you are about to be screwed!
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Post by yotonic on Jun 7, 2016 20:00:16 GMT -6
They aren't doing anyone any favors. They are going after artists with high net worth, basically personal corporations. Their funding starts at $5million lines. LOL
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Post by levon on Jun 8, 2016 1:56:13 GMT -6
That's right: We offer established artists an innovative new financial product
What about the young guys who would need funding more than established artists? That alone shows what these vultures are after.
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Post by NoFilterChuck on Jun 8, 2016 21:12:49 GMT -6
The young guys get to use kickstarter and GoFundMe (or is it GoFuckMeImPoor)
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