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The Need for New Business Started by: Flawed on Aug 23, '13 23:36

The arrival of poker has revolutionised this world.  There are, at present, speculators whose main business it is playing the Marketplace.

The inscure amongst us cash out, convert on the marketplace, rebuy and start over.

Already, multi-million dollar loans are being done over the tables.

What is obvious is this.  Aside from owning the casinos, the family heads aren't exploiting this.

The time is ripe for a powerful family to set up a loan sharking operation.

 

The time is ripe for a powerful family to set up a banking system, where money can be stored safely and cheaply.

 

Who could do this?  Who has any ideas?

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While it sounds like a good idea but I can speak for my self that I trust no one with my own money. Whats to say the loan sharker would not die himself then what, are we then fucked? Yes I know you said a powerfull family, but even giants fall at times.

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I remember long ago, in a time where things were slightly different a semi active would sit in a crew, a low rank, that no would expected to target sometimes even a thug when we could keep people at such a rank would sit, just hoarding savings..  Now the currency market has left a way to leave an income for your next of kin, so a position has dissapeared really.

As for banking, we used to have loan sharks in chicago, Back when my great grandfather worked with maybe cory but was a great way to speculate, now it seems from the market, the rich speculate, and recently has been a bigger gamble with prices rising and plummeting quicker then a whores knickers

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rotfl BTSB

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Even if a powerful family was to attempt this, it would mean them taking the lion's share of the risk, and barely any reward. With the option of liquidating your assets and throwing them into life insurance (credits), loan sharks have become something of an endangered species around this thing of ours.

Best case scenario would be that someone borrows a sum of money and loses it in the lender's casino, therefore breaking even in case of non-repayment. I am sorry, but I seriously doubt anyone would take this venture up, unless they were willing to potentially lose great sums of money.

There is a simple saying that states "Don't lend to friends", and if you can't even trust your friends with money, who can you trust?

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Yeah some people lent only to made and above a while back, with the idea they could bodyguard up, or invest for HQ's and these in some cases were crewleader backed ventures.  A long time ago my family line did it in la, in a time before uphieval and would just collect in 10% as at the time, was no bodyguards to buy, target practice areas etc, so leaders had nothing to do with their money except set up capos.

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Another thing in regard to the currency market, the price i have bought at has ranged as much as 200k in last few weeks, so a great long term investment, but short term unless dedicating a lot of time to the market can be a slow and competitive grind.  I was selling my gold bullion high for a while, and buying new gold low but as little as 30k profit a unit, and the wait and constant changing of price made me feel more of a stock broker or an accountant then a ga

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entrepreneur

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