Skip to main content

Posts

Showing posts with the label business

Big Trouble In A Small Town

Big trouble is brewing in a neighboring town. Cedartown, Georgia has a scandal of its very own: an affinity fraud in the form of a Ponzi scheme is allegedly being perpetrated by a building and loan organization. The target: conservative Christian Republicans. The alleged perp: a fellow conservative Christian Republican, tho there's nothing conservative about the amount of money bilked: $140,000,000.00 from approximately 300 victims. That's a stunning average of $466,667.00 per victim.  Affinity fraud is nothing new. For a prime example, just search the name "Bernie Madoff" and you'll receive a Master's thesis of information. Like Madoff, the head of the building and loan targeted those who felt they could trust their fellow traveler. Also like Madoff, the alleged perp promised  unusually high returns on investments in distressed businesses. The returns were rumored to be in the area of 8-18%. I'm no financial guru but if my business needs a loan with a 1...

The World In Which We Live: Business Is Getting Harry

Out With The Old, In With The New I'm sure you've heard the story: somewhere-in-line-for-the-throne Prince Harry and wife Meghan are leaving Britain and stepping back from their Royal duties for a new life in the US. And one can be sympathetic, considering her merciless treatment by the British press. With the popularity of the royal family riding high partly in thanks to the popularity of such shows as The Crown, trendy America will be more than happy to welcome a real live prince to its shores. Look a bit closer and things get interesting. Not only is Harry a member of the Royal Family, he's also a  Lieutenant Commander of the Royal Navy, Major of the British Army and Squadron Leader of the Royal Air Force; if such qualifications were applied to someone else, that person would immediately be considered a spy. He is married to an American (bonus point) actress (double bonus point) of multicultural heritage (21st century trifecta). They may hope for a quiet life,...