Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Happy pre-VET day...five more minutes it will be Happy VET day
Sweet - KAT Country 100.7
Thanks for the bookmark
The term stakeholder, as traditionally used in the English language in law and notably gambling, is a third party who temporarily holds money or property while its owner is still being determined.
More recently a very different meaning of the term has become widely used in management. In a business context, a "stakeholder" is a person or organization that has a legitimate interest in a project or entity. The new use of the term arose together with and due to the spread of corporate social responsibility ideas, but there are also utilitarian and traditional business goals that are served by the new meaning of the term (see Stakeholder theory and below).
In law
The role of stakeholder is a very old concept in law. A stakeholder was originally a person who temporarily holds money or other property while its owner is being determined. This is, for example, the situation when two persons bet on the outcome of a future event and ask a third, disinterested, neutral person to hold the money (or "stake[s]") that they have wagered (or "staked"). After the event occurs, the stakeholder distributes the stakes to one or both of the original (or other) parties according to the outcome of the event and according to the previously decided conditions. Courts sometimes act as stakeholders, holding property while litigation between the possible owners resolves the issue of which one is entitled to the property. Trustees also often act as stakeholders, holding property until beneficiaries come of age, for example. An "escrow agent" is one kind of trustee who is a stakeholder, usually in a situation where part of the purchase price of property is being held until some condition is satisfied. In legal documents, the escrow agent is often referred to as a "mere stakeholder."
Link - http://en.wikipedia.org/wiki/Stakeholder_(law)
Not sure this is a foreign stocks, I'm sure that the SEC has the requirements for filing.
The SEC has all of the documents for LaSalle Cover, if you want to see the process.
All you have to do is send a LETTER informing the BMA that you are planning on taking a 5 percent position in the Company.
Bermuda Monetary Authority
INSURANCE COMPANIES
General permission is granted for:
The issue and transfer of equity securities of an insurance company from/to non-residents listed on an appointed stock exchange, while such equity securities are so listed. The issue and transfer of subsequent securities that are NOT equity securities of an insurance company from/to non-residents. Permission conditional upon subsequent notification to the Authority.
The issue and transfer of an equity security which is to be transferred to a nominee/registered holder of an equity security where there is no change in beneficial ownership. Permission conditional upon subsequent notification to the Authority.
Equity securities to be issued or transferred to or among any persons who hold equity securities of the company; to the extent that the existing holder of the equity securities owns less than 5% of the equity securities and continues to own LESS THAN 5% of the equity shares AFTER the issue/transfer. Permission conditional upon subsequent notification to the Authority.
The transfer of equity securities by an existing holder who owns between 5% and 20% of the same equity securities and continues to own not more than 20% of the equity securities AFTER the issue/transfer. Permission conditional upon subsequent notification to the Authority.
NOTE:-
Anyone seeking to acquire 5% or more of the equity securities of a company must seek the prior approval of the BMA. Thereafter up to 20% of the equity securities may be issued or transferred to that holder without the prior approval of the BMA – permission conditional upon subsequent notification to the Authority.
Link -http://www.bma.bm/company-matters/securities-issue-etc.html
BMA Contact Information
Bermuda Monetary Authority
BMA House
43 Victoria Street
Hamilton
P.O. Box 2447
Hamilton HMJX
Bermuda
Tel: (441) 295 5278
Fax: (441) 292 7471
The Reuters report on Trenwick dated Nov 6, 2008 indicates the short interest as such
October 2008 - 1,801,000
July - 2,368,000 (kkkastle could be right - we may have to sew his head back on)
REUTERS COMPANY REPORT DISCLAIMER
This research report is provided for informational purposes only and on the condition that it will not form the sole basis for any investment decision. Reference to any company is not a recommendation to buy or sell the shares of such company. The information used for, or presented in, this report has been obtained from sources believed to be reliable, but Reuters makes no representation as to the accuracy or completeness of such information. This report in intended only for users in the United States. Reuters has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein becomes inaccurate. Reuters and/or its affiliates/investors may hold securities positions in the companies discussed in this report and may frequently trade in such positions. Such investments may be inconsistent with the quantitative analysis provided in this report.
Sell BLOOD PLASMA once a month to cover your one Monavie JUG a month Habit.
Blood Plasma - is about $60 dollars
One Quart OUT - Four Quart IN
I tryed to take my son and wife down a few years ago, but I was placed in the DOG HOUSE for a few months.
Pennies are easy once you understand how the game is played, but Forex requires an understand of the interaction of the currency markets and the timing of which pockets to pick...
Provide the LINK or off with your HEAD
...the BOY'S on IHUB don't play GAMES.
A spider eats three flies a day.
Until she has done this, she has an even chance of catching a fly that flies through her web. A fly is about to fly through the web.
What is the fly’s chance of survival, given that today five flies have already flown through his web?
Buy a RESEARCH Report for $2.95 - and just add your cover letter to the outside...
Go for the Cat....GOOD-MORNING ALL
Thanks - I saved a copy.
It's simple if you look at the different types of CAT's
1. Cat - ...with WET TOES used for walking on Beaches.
2. CaT - .with DRY TOES used for walking on Beaches.
3. caT - ...SMALL cat with large long fluffy tail.
4. cat - ...SMALL cat with small short fluffy tail.
5. CAT - ...FAT cat with large long fluffy tail.
6. CAt - ...FAT cat with small short fluffy tail.
7. cAT - ...with WEB TOES used for walking on the Ocean.
8. cAt - ...with WEB TOES used for swimming in the Ocean.
You must be a DOG person...
Worn....it's spelled "CaT"...
cAt - ...with WEB TOES used for swimming in the Ocean.
CaT - ...with DRY TOES used for walking on Beaches.
You may want to keep your REAL shares under your pillow before the EIGHT-K release, and away from the NAKED SHORT borrowed shares....
....d'TWK-TOOTH FAIRY will be making a list of ALL the POT's of GOLD COINS for all the TWK'ers on the night before EIGHT-K.
All women have the same DREAMS, my wife has a similar DREAMS, a place for HER CATS, DUCKS, and CHICKENS.
I'm planning on BUYING HER DREAMS, when she starts to include me in the DREAM......I'm guessing it's her way of putting me on NOTICE to make minor CHANGES in my LIFE.
Should be FREE in the US, EDUCATE the BEST and the BRIGHTEST at ZERO COST to the STUDENT.
The STUDENT pays back an extra five percent OF HIS WAGE for the REST of his LIFE back to the SCHOOL to help educate the next CROP of STUDENTS....leaving me to LEAVE my NEST earlier and have FUN...it's the OBAMA Promise and Dream.
I'm ready to CASH in on the OBAMA promise....
Hope your keeping track of the good Coffee SHOP's on your DRIVE, not sure your into Tom Waits but here's a CLASSIC:
Tom Waits & Iggy Pop - Coffee and Cigarettes
Keep your eyes on the ROAD and your PANTS on when IHUB posting. So your planning on becoming an ICE ROAD FX-TRUCKER next season?
That's a easy question - let me grinds some beans, brew some coffee, and do a little research....on the BMA.
Here's a quick Link to point you in the right direction:
Link- http://www.bma.bm/
If one thinks of a ReInsurance Parent as a BOOK, and each Sub-company as a CHAPTER - then one can get a feel on how the Re Business Model works.
Active CHAPTER with CAPITAL write Re-Policy's, and underfunded CHAPTER stay-on the SIDELINES preserving CAPITAL via the RUN-OFF Process
Re'Company have different CLASSES which allow them to write different Re-policy's based upon the RESERVE ASSET left on each of their BOOK.
More Later.....
The flip side is "Coffee and Cigarettes".
Twker's sailing away, set an open course for the Bermuda sea
Twker's got to be free, free to face the life thats ahead of me
On board, 3respalm's the captain, so climb aboard
Well search for EIGHT-K on every shore
And Ill try, oh lord, Ill try to carry on
Twker's look happy, some sad
Twker's think of childhood friends and the dreams Twker's had
Twker's live happily forever, so the story goes
But somehow the others missed out on that pot of gold
But well try best that Twker's can to carry on
A gathering of O'Twker's appeared above my head
They sang to me this song of hope, and this is what they said
They said come BID away, come BID away
Come BID away with me
Come BID away, come BID away
Come BID away with me
I thought that some were O'IHuber's, but to my surprise
They climbed aboard the BIG-BOARD and headed for the skies
Singing come BID away, come BID away
Come BID away with me
Come BID away, come BID away
Come BID away with me
Lifegear: all right you IHubers! Ready to sing your song?
-I'll say we are! Yeah! -Let's sing it now!
Lifegear: Okay, Monk? -Okay!
Lifegear: Okay, Blockman? -Okay!
Lifegear: Okay, cdnkid10? cdnkid10? CDNKID10! -OKAY!!!)
...[begin IHubers singing]
Eight-K, Eight-K’s time is near
Time for toys and time for cheer
We've been good, but we can't last
Hurry Eight-K, hurry fast
Want a plane that loops the loop
Me, I want a hula hoop
We can hardly stand the wait
Please Eight-K, don't be late.
...[end IHubers singing]
Lifegear: Okay fellas get ready. That was very good, Monk. -Naturally.
Lifegear: Very good, Blockman. -Ahhh.
Lifegear: Ah, cdnkid10 you were a little flat, watch it.
Lifegear: Ah, cdnkid10. cdnkid10. CDNKID10! -OKAY.)
...[begin IHubers singing]
Want a plane that loops the loop
I still want a hula hoop
We can hardly stand the wait
Please EIGHT-K, don't be late.
We can hardly stand the wait
Please EIGHT-K, don't be late.
...[end IHubers singing]
Lifegear: Very good, boys
-Lets sing it again! Yeah, lets sing it again!
Lifegear: No, That's enough, lets not overdo it
-What do you mean overdo it? -We want to sing it again!
Lifegear: Now wait a minute, boys -Why can't we sing it again?
-[IHubers chatter]
Lifegear: MONK, cut that out.. BLOCKMAN, just a minute. CDNKID10 will you cut that out? BOYS...
The TWKMUNK Song - remixed for IHUBS Thanksgiving 8-K release.
'The TWKMUNK Song', released for the Holiday season of 2008, sold 750 million shares that year, and The TWKMUNK Song received two Grammy Awards in 2008, "Best Comedy Performance" and "Best Returns for IHub-Stockholders".
The TWKMUNK Song
[by twk000jester...21 Dec 2002]
'The TWKMUNK Song', released for the Christmas season of 2002, sold 350 million shares that year, and The TWKMUNK Song received two Grammy Awards in 2003, "Best Comedy Performance" and "Best Recording for Stockholders".
My wife Ether will be enjoying $4.00 dollars. I'm not sure my heart can handle $2.00 dollars either, Aristotle and myself will be propagation the "empty" space of time, and Ether's boyfriend will be enjoying life.
I will support w2, and push w1 when the time comes.
Waiting for Eight-K and holding for $2.00 dollars.
I'm buying from the WEAK hands all next week....
I have to agree with the Double Bottom DOW bounce test...we will be in this trading DOW SWING until early next year.
If OBAMA axes BEN, then all money is on the Cat....
Keep your eyes off the CLOWN, and focus on the IBOX DD and the Chart.
FREE DD, FREE Coffee, and FREE Entertainment...the only cover charge is buying shares and taking profit after the 8-K.
Yes, the DD-layers on this ONION are deep.
Reviewed the Swiss Re Trenwick Preferred purchase agreement Ex 99-5 last night
Trenwick's Sereis B Cumulative Convertible Perpetual Preferred Shares with a liquidation preference of $100 per share for a aggregate purchase price of $40 Million. The purchase was made pursuant to a Second Agreement between European Re and Trenwick.
Concurrently with the purchase of the preferred arbitration proceeding, increase the dividend rate applicable to the preferred shares by 2.% and reduce the restriction on European Re's ability to transfer the preferred shares from three years to six months. (give time for the child to upstream it to Swiss Re...IMHO)
Both parties have attended the "Solvent Schemes of Arrangement" Party and LaSalle is the first one to exit....it would seem that it's in both parties BUSINESS INTEREST to follow as MUCH as possible to the TRENWICK PARENT Company....IMHO
Roger - Have a few Boat Anchor's to sell and should be FX'ing soon...the FX-game's no fun unless you have real skin in the game.
Market Crash Dwarfs 1929 ? Russia bans sales
Thanks - prime WB pump and walk away.....hope you get a FLAT tire....hears he's on the next post talking....hope he has his little SPELL CHECKER working.
Living the GOOD Life beyond your means - will DO THAT to you everytime when the Market turns and the HARD time hit....
Sold my San Diego CONDO ($54K) during the early 90's moved out of Sate during the '92 Calif Recession....on the TOP of the WORLD being a de'greed de'boned jobless Electrical Engineer. Flushed 500 job resumes down the US Postal System without any JOB-OFFERS.
Pulled an Electrical Contractor's License and worked the Construction trade till the Market turned and the Electrical Engineer's SHEEP SKIN had some $$$ worth....Walked into my first Las Vegas Engineering Consulting job interview dressed as a Construction Worker, told them I did not have time to wear a MONKEY SUIT....told them a few CONSTRUCTION STORIES, and I was hired on the SPOT.
Working in the DIRT and RESPECTING the people in the TRADE has made all the difference in my Engineering Career...
Good-Luck driving the ROADS and FX-TRADING.
I would TRADE jobs in a HEARTBEAT.
TWO five cents pack: makes a 2-Quart jug...
'50s Kool-Aid Commercial
LINK -
Solvent Schemes of Arrangement (SSOA) ensures a means of bringing finality to insurance/reinsurance companies.
"If all the above has been completed satisfactorily, there is a good chance that there will be some remaining assets to return to the owners of the business. There may be some remaining debts to collect, or be sold to an external party and all noninsurance assets and liabilities should be realised/discharged."
"Ultimately a members’ voluntary winding up can be effected, to bring complete finality to the company, with surplus capital being retuned to its owners."
The next 8-K should inform ALL of the SHAREHOLDERS, the amount of surplus capital that is being returned to the SHAREHOLDERS
DD - Source Link: http://www.compre-group.com/ss/downloads/articles/Ch4_SSOAs.pdf
Good day and Good night....back to the grind on Monday
Time to back up O'Jester's Tree-Shaker on this old tree - I'm too old and cheap to chase...
It's only resting on w2 and testing the weak hands.
I've have my basket under the tree -
...time to start roasting a bunch of Jester's Roasted Nuts for the Holiday Season.