Whatever became of doper Adham Sbeih?
i, Fred
Doper Adham Sbeih, known internationally
as the first US athlete to test positive
for epo isn't racing bicycles anymore.
He's pimping collateralized trust deeds
backed by real estate at Socotra Capital
in Sacramento, CA. He's the president.
If you'd like to earn 7-15% annually,
paid in monthly coupons then have a look.
Adham's company uses strict underwriting
principals.
dave a
From the "about us" section of his website:
Adham's family values and core beliefs make him a champion in all
aspects of life, be it at home, on the bike, racing even now, or in
making deals at the office.
K. Fred Gauss
reminds me of that David Klinger video from yesterday.
Fredmaster of Brainerd
I think selling collateralized debt obligations is
a bigger crime against society than doping. So
why isn't this thread titled "Whatever became of
banker Adham Sbeih?" How about channeling
outrage against something actually meaningful?
Fredmaster Ben
p.s. I looked at their website and honestly I don't know
enough about their business to know if it's sketchy or not.
It kind of seems like they are financing things without
being a bank, which I suppose is all the rage but seems
like also a way of bypassing bank regulations.
cur...@the-md-russells.org
<bjwe...@gmail.com> wrote:
>p.s. I looked at their website and honestly I don't know
>enough about their business to know if it's sketchy or not.
>It kind of seems like they are financing things without
>being a bank, which I suppose is all the rage but seems
>like also a way of bypassing bank regulations.
Banking regs are mostly about taking and protecting the deposits. Most
financing regs are concerned with separating the sale of an item from
predatory or misleading financing. This works out fine with most
organizations, as the financing arm tends to screw up the financials
of the operating company anyway. All the above broad stroke
generalities of course. The worst financing practices will continue as
long as a person desperate to buy can't understand the impact of the
numbers on the finance sheet put in front of them, but won't get up
and walk out until they do. Most people, for instance, would do better
buying a car if they forgot about price and chose acceptable monthly
payments and length of contract before showing up at the car
dealership. Keep saying, this is what I am willing to pay for 48
months...
Curtis L. Russell
Odenton, MD (USA)
Just someone on two wheels...