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Honored Advisor

Re: This post could cause a problem

I believe they did prosecute executives and do in some high profile cases, such as ENron.....especially when political "points" can be scored.  Like Cantelope farmers in Colorado no matter what entity they farm under....even if it might have been an "act of God's bacteria" in a extroardinarily hot year.... Gotta protect the poor from "Big Food".

 

The only time people are distinguished to the feds is when votes are needed and real names are need to stuff a ballot box...

 

Otherwise all things governmental are based on a "taxable entity"....... anything with a ss# or federal tax id # and shows enough net worth to go after.  Breathing is not a requirement...... a birth certificate, partnership agreement, or articles of incorporation,  all count at tax time... Or when your chasing the tax obligation.

 

 

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Senior Contributor

Re: This post could cause a problem

One factor you might consider. You must offer evidence of financial credibility to open a trading account. Generally, adequate margin resources must be sent to a brokerage firm or the account will be liquidated. Those of us that have had a negative experience know full well that margin calls are on the way and you best be prepared to wire the funds to the firms.

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