Received: from nobody by stodi.digitalkingdom.org with local (Exim 4.87) (envelope-from ) id 1cLyx2-0004pq-OM for lojban-newreal@lojban.org; Tue, 27 Dec 2016 13:06:28 -0800 Received: from [75.127.2.163] (port=39146 helo=thanterslpots.com) by stodi.digitalkingdom.org with esmtp (Exim 4.87) (envelope-from ) id 1cLywy-0004oH-4x for lojban@lojban.org; Tue, 27 Dec 2016 13:06:28 -0800 Date: Tue, 27 Dec 2016 14:29:27 -0700 Subject: Pot stocks-will triple (January 1st) and will make a fortune: 22732623 Mime-Version: 1 Message-ID: Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 8bit To: From: "Pam Nguyen" X-Spam-Score: -0.4 (/) X-Spam_score: -0.4 X-Spam_score_int: -3 X-Spam_bar: / Everyday business are changing to this new method of pot biz
ABV Daily News
8 States Approve Medical And Recreational-Pot

December 27, 2016
Many are making a fortune off the industry that has already tripled in value since the election
Starting January 1st it will be too late - so now is the time to get in on the action and see your-investment triple in just weeks.
Must See Report











other news:

It comes after Italy approved a 20bn fund to prop up its embattled banking sector on 23 December. Monte dei Paschi had asked for a capital injection to stay afloat. It is carrying a mountain of bad loans made to customers who cannot afford to repay them. In a statement from the bank on Monday, it confirmed it had officially asked the ECB to go ahead with a precautionary recapitalisation. This will entail a forced conversion of the banks junior bonds - many of which are held by small investors - into shares. Deteriorated rapidly It also permits the government to buy shares or bonds on market terms endorsed by EU state aid officials. In response, the ECB said it had calculated the capital it believed that the bank needed, based on an EU stress test of large lenders earlier this year. Analysis: Theo Leggett, business correspondent Monte dei Paschi (MPS) has formally requested a bailout from the Italian government - but it is far from a done deal. The government is trying to present the plan as a precautionary recapitalisation rather than a full-blown rescue. It is an important distinction under EU state aid law, which would enable it to limit the losses suffered by investors. This matters. In Italy, large numbers of bank investors are ordinary savers, people who thought bank bonds were a safe bet for their life savings, for example. The government is trying to protect them - but if the European Commission were to interpret the rules harshly, it might not be able to. The ECBs conclusion that MPS needs 8.8bn to boost its reserves, as opposed to the 5bn previously being discussed, creates yet another headache. However, with 20bn already set aside by the government to support the banking sector, it shouldnt be too painful. The ECB also says that MPS remains solvent, although its liquidity position is deteriorating rapidly. That might actually help the governments argument that the bailout is, in fact, precautionary. It said the bank was solvent, but noted its liquidity position had deteriorated rapidly between 30 November and 21 December. The bank has quickly started talks with the competent authorities to understand the methodologies underlying the ECBs calculations and introduce the measures for a precautionary recapitalisation, Monte dei Paschi said. A spokesman for the ECB said: We have been in continuous and constructive talks with the Italian authorities. We of course fully support the objective of the Italian authorities to further strengthen the Italian banking sector, in compliance with EU law. Dr Andreas Hoepner, associate professor at the Henley Business School, told BBC Radio 4s Today programme that trust in the bank, which now has a market capitalisation of less than 500m, had deteriorated significantly. He also questioned whether enough funds would be available to other struggling banks, given that Monte dei Paschi could use up almost half of the agreed 20bn support fund. We hope not too many other lenders will need support, but we dont know for sure, he said. The question is, is the 20bn the full sum or might the Italian government request more at a later stage Stress test Founded in 1472, Monte dei Paschi is said to be the oldest surviving bank in the world. It failed an EU stress test in July because of billions of euros of risky loans on its books, made to clients who cannot afford to repay them. The situation has worsened since then. On 21 December, the bank revealed that it could run out of funds by next April, using up nearly 11bn. Previously, it had said it had enough funds to stay afloat for 11 months. Italys market watchdog said last week the banks shares and securities would be suspended from trading until the conditions of a state bailout became clear.






--

This page will stop all messages from being sent you anymore. Thanks and have a great day - Barton Nieland, 1551 Barton Orleans Rd Barton Vt 05822-9394

--

--

No more incoming messages will be delivered. Just tell us and within a few days this will update - PO Box 16580 #22445 Baltimore, MD 21217

----