Home Sitemap All news Inside SL Opinions Finance News feeds Contact
RSS Feed For All Articles
 


Add to Technorati Favorites
Advertisement
Home arrow General Op/Ed
General Op/Ed
First brokerage or sixth exchange?

User Rating: / 3

Written by Xavier Mohr   
Thursday, 27 December 2007

By Xavier Mohr, SLReports.net

An Editorial

In a stunning nine-point post yesterday, L&L Bank and Trust (CapEx: LNL) CEO Lindsay Druart announced ambitious expansion plans that include the opening of a stock brokerage and global exchange at the bank's website, myllbt.com.

"The brokerage division is now L&L Bank and Trust Brokerage Exchange," said Druart. "Investors will openly trade LLBT’s portfolio on our enhanced website... this will be one stop shopping for all investment needs."

Druart says that companies not currently in the portfolio may be bid upon by investors through their enhanced trading system, at which point shares will be purchased by LNL from the applicable exchanges. Dividends will be paid to investor's accounts in the same way they would be at the respective exchanges.

An interesting twist to LNL's brokerage idea is a vague mention of "specifically-targeted funds and indices" that will be created to trade at the bank's website. An interesting note of this nature also appeared in an announcement from L&L Credit Reporting Agency and Business Services (CapEx: LCA).

Last Updated ( Monday, 31 December 2007 )
Read more...
 
Security Regulation in Second Life

User Rating: / 8

Written by Guardian Market   
Saturday, 22 December 2007

By Samantha Goldflake and Guardian Market

The transcript of the 12/12/2007 meeting of the Second Life Exchange Commission (SLEC) is not very encouraging.  It shows an organization struggling with its own identity, leadership, and purpose in the virtual world, all the while public voices are growing increasingly critical of the abilities of the SLEC, as well as the conflicts of interest which reside with its leadership.  Two different schools of thought appear to be forming within the SLEC - one which looks at a system of punishment for companies and markets not compliant with the SLEC's regulation, the other which argues for rewarding the companies and markets which are compliant.

The first idea, that of punishment, is a natural one to strive for.  It is, after all, how governmental regulatory bodies operate.  If a company does not comply with their rules, they can fine, imprison, or seize assets as justified.  However, in Second Life this is simply impractical.  Although some systems have been constructed to incorporate this system of punishment into the mixture (such as ACE requiring that its companies who own land use BNT land, so that that asset may be seized if necessary), it simply does not carry the same weight that it does in First Life.  The bottom line is that even if you do everything you can to an avatar: take their money, land, inventory, maybe even ban them from Second Life - it simply does not carry as much weight as any one of those actions would in First Life.

Last Updated ( Saturday, 22 December 2007 )
Read more...
 
What's in a Name Anyways?!

User Rating: / 3

Written by Strange Ranger   
Saturday, 01 December 2007

 by Trichelle Rivera

Hello everyone, this article is actually quite personal. And I'm doing this to get the opinions of others on a matter that has evolved into a war between my former partner and I. Aside from being a freelance writer for SL Reports, I am also a shape-maker. For those that aren't familiar with what a shape-maker does-- I create shapes that provides avatars with a distinct look to compliment the skin of his/her choice. I haven't found a place yet to market and promote my shapes, but I'm in the process of doing so. Hopefully in a few weeks I'll accomplish that.

Well, to make a long story short, my partner and I broke up for numerous reasons. That aspect  I wish not to go into, as I respect his privacy and think that it would be unfair of me to do such a thing. However, when things suddenly turned for the worst, in a fit of rage and vindictiveness-- my ex requested that I no longer use the name (which I will not mention lol) to represent my business. As you can imagine, I was absolutely outraged. When we were together, he was fine with me using the name. I guess you can even say that our separate businesses became a union because of this. I became the Baby Phat to his Phat Farm,  for lack of a better example.

Read more...
 
Salt in the Wound: WSE Price Regulation of GPB (Opinions)

User Rating: / 11

Written by Xavier Mohr   
Tuesday, 11 September 2007

By Guardian Market, Guest Columnist
SLReports.net

Ginko, WSE, ISE, CapEx, Second Life, SL Capital Exchange, Arbitrage Wise, Xavier Mohr, virtual worldRegulators often believe that through new rules they can produce a positive or more correct influence on the markets, when in reality they wind up doing the exact opposite with their regulations. Such is the case with the World Stock Exchange (WSE) price controls on Ginko Perpetual Bonds (GPB).

For the uninitiated, Ginko bank’s former deposits have been converted to GPB traded on the WSE, and the WSE has forbidden Ginko CEO Nicholas Portocarrero from purchasing these bonds back at any price less than L$1 each. (Announcement: https://www.wselive.com/research/announcement_detail/2212 ). The only reasoning I can see for this action is that the WSE powers-that-be feel Ginko investors should be compensated their full amount, and nothing less, for their former deposits. If someone else has another good-faith reason in mind, please comment below.

Last Updated ( Monday, 29 October 2007 )
Read more...
 
The Dragon's Bite: Recovery? (SL Reports)

User Rating: / 5

Written by Xavier Mohr   
Wednesday, 05 September 2007

Stock, Trading, Exchange, CapEx, Second Life, SL Reports, Arbitrage Wise, Maelstrom Baphomet, Xavier Mohr, banking, adviceBy Maelstrom Baphomet, CEO
Dragon Global Diversified

The markets took a shock when Ginko collapsed and with the gambling rules, but it’s starting to show gradual signs of recovery in sectors that are not heavily ingrained in land. New ideas are filtering into SL involving marketing, advertising, and creative scripting such as with MECH, which promises to be a potentially very fulfilling operation assuming technical difficulties can be overcome.

There are still very strong concerns though which merit note. Land prices are still in a catastrophic spiral. This can be good for some, bad for others. For sub-letters it offers the potential for better margins, for landowners trying to profit on a resell or monthly sim rental it poses a nightmare demanding greater vigilance and marketing expense to achieve the slimmest of margins.

Last Updated ( Monday, 29 October 2007 )
Read more...
 
Meltdown in SLCapEx Trading Firms? (Orient Lodge)

User Rating: / 5

Written by Strange Ranger   
Monday, 03 September 2007

By Aldon Hynes

During my recent trading in the Second Life Capital Exchange (SLCAP), three stocks have particularly caught my attention, AIG, BNT and DGD. The three stocks are closely tied to trading activity here and each have seen interesting activity.

Over the past couple of days, BNT has seen trading volume 15 to 20 times normal as it continues its downward trend. It closed on July 5th at 1.08, and by September 3rd had hit .25. IntLibber Brautigan is listed as its CEO and Chairman and Nicholas Portocarrero is listed as a Non-Executive Director, as is Maelstrom Baphomet Nicholas was also CEO of the recently collapsed Ginko Financial. IntLibber is listed as owning 84.5% of the stock, with Nicholas owning another 7.7%. Over the past week, 4.7 million shares were traded, with 3.5 million of this taking place in the last two days.

READ IT ALL HERE...
http://www.orient-lodge.com
Last Updated ( Monday, 29 October 2007 )
 
<< Start < Prev 1 2 Next > End >>

Results 7 - 12 of 12







Lost Password?
No account yet? Register
Second Life Directory - Second Life Most Popular Directory - SLTopSites.com