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The Volcker Rule for Financial Institutions

President Obama calls for new restrictions on the size and scope of financial institutions to rein in excessive risk-taking and protect taxpayers ...

Time to bank the unbanked legal marijuana industry in this nation | TheHill

Despite the billions of dollars generated each year by the legal marijuana businesses operating in 33 states and the District of Columbia, the legal marijuana market in this country remains frustratingly, and hazardously, unable to participate within the traditional United States banking system. Federal banking laws, which reflect the federal status of marijuana as an illegal drug, force legitimate marijuana companies nationwide to operate mainly in cash, as they are unable to access traditional financial services.

The resulting unaccountable cash only market has become a breeding ground for serious criminal activity including, but not limited to, money laundering, tax evasion, robbery, and theft. By passing the Secure and Fair Enforcement Banking Act, also known as the SAFE Banking Act, Congress would enable marijuana businesses to legally enter into the United States banking system. This necessary modification would increase transparency in the flourishing legal marijuana industry while deterring the spreading criminal activity that has developed in the absence of such supervision.

Lakers' Ball files suit against BBB co-founder

After Ball declared for the NBA draft, the suit alleges that Foster "persuaded Ball that it would be in his best financial interest to form his own company and his own brand of apparel and merchandise rather than aligning himself with established brands that had expressed substantial interest in signing Ball to lucrative endorsement deals."

ESPN reported on March 22 that Ball severed ties with Foster over concerns that the longtime family friend has a criminal past and also has not adequately accounted for the whereabouts of roughly $1.5 million from Ball's personal and business accounts.

Ball told ESPN he believes that Foster, a friend of Lonzo's father, LaVar, for almost a decade who owns 16.3 percent of the Big Baller Brand shoe and apparel company, had "used his access to my business and personal finances to enrich himself. As a result, I have decided to sever all ties with Alan, effective immediately."

Foster filed the paperwork to create BBB by changing the name of an existing company, NeXT Catch LLC, and assigning himself a role of managing member, with a provision that states that "title to assets to be held in the company's name or the name of any nominee the manager may designate." That operating agreement, which was obtained by ESPN, was signed by Lonzo Ball, LaVar Ball, Tina Ball and Foster.

Does the bible not make any sense simply because...?

one does not understand it?
Calculus doesn't make sense to me, but I would be a fool to proclaim 'Calculus is a load!'
Calculus can be proven as the bible can be proven...


I did misunderstand it! I'm glad I came back it to see that I was wrong. I hope you will accept my sincere apology as I actually agree with you. Sorry brother! I should learn to read and listen more as I ask nonbelievers to do the same.

Плей Фортуна лидирует в рейтинге между иных казино по уровню надежности