bg/mtn/ppp/sblc all bullshit and scam..

bg/mtn/ppp/sblc all bullshit and scam..

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Since: Aug 07

Northampton, UK

#1 Nov 2, 2007
Dear All,

could anyone explain me why anyone want to lease someone else bank instrument???what i have found out is..most of the people who are posting are either jobless..or trying to make some quick bucks...like the black nigerian scams...

I mean there are so many financial institutions available..and if i have that type of instruments..y i would hire people like u..and that too from internet...comeon guys give me a break..

the funniest thing is that noone knows the original owner of the instrument..it goes from one mail id to another..just making the broker ease..that he will earn his commission..if that was case and people were making money..in this business..im sure bill gates, brenson..everyone would jump in this..becoz no instrument is less that 100 million dollar...come..on either this site itself is run by someone who is freak..

there is nothing called this instrument...and all he have is just dreams ,..fake dreams..that one fine day we wil get our commission..

i am looking to hear from someone...whi has made any money in this busines...be honest guys..im sure that will be many who will agree..and many who wont.....please all we want is your opinion..

looking forward for your reply..

cheers
Consultation Net Services

Greenwood, IN

#2 Nov 2, 2007
I'm inclined to agree to some extent. Most of the lease offers are phoney and many of these brokers are completely clueless as to what leased instruments can be used for. There are legitimate sources that provide lease instruments as well as legitimate uses for them.
missy Elliot

Centreville, VA

#3 Apr 9, 2009
I agree with U, forget about the BG's MTN and other bank Instrument, even Petroleum, Gold AU, Sugar, Cement, Iron Ore or any Metal ore buyers or sellers most of them are all big payday chasers, They're all dreaming, Why in the world If I need any, I post to the Internet, I go and buy, Like somebody needs 1000mt of Gold AU do U know how much is cost?. more than $31b not even Million is a B, who have this Money?. Don't waste Ur Time Guys
Mark

AOL

#5 Apr 19, 2009
I'm a Registered Investment Advisor and I became aware of this BS through a client who thought he could make a quick killing selling and buying MTN's. After some investigation I discovered that this "sub" market is populated by unlicensed loser,wannabe brokers who actually believe that a legitimate, high net worth individual or entity would need to use a broker daisy chain to close a deal that could be executed in seconds. It's pathetic how these people move from one deal to the next,never close or get paid and continue to chae the dream of a big hit. IT AINT GOING TO HAPPEN!LOL

“Cake or Death?”

Since: Dec 08

Palm Beach

#6 Apr 20, 2009
Euro medium term notes - listed with London Stock Exchange plc


Issuer
Ccy
Amount (mils)
Maturity
Original Tenor
Coupon
Ratings
UUW GBP 150 22 Jan 2010 7 year 5.25% A3/A-
UUW JPY 3,000 20 Aug 2013 10 year 1.135% A3/A-
UUW GBP 375 29 Dec 2015 7 year 6.125% A3/A-
UUW JPY 5,000 30 Oct 2017 8.5 year Floating A3/A-
UUW GBP 150 14 May 2018 15 year 5.375% A3/A-
UUW EUR 500 24 Jan 2020 15 year 4.25% A3/A-
UUW GBP 275 25 Mar 2022 13 year 5.75% A3/A-
UUW GBP 300 20 Dec 2027 25 year 5.625% A3/A-
UUW GBP 50 04 Dec 2032 30 year 3.375% IL A3/A-
UUW GBP 200 28 Feb 2035 30 year 5% A3/A-
UUW GBP 100 05 Oct 2035 30 year 1.9799% IL A3/A-
UUW GBP 35 18 Nov 2037 30 year 1.66% IL A3/A-
UUW GBP 100 14 Dec 2040 35 year 1.7829% IL A3/A-
UUW GBP 50 31 Jan 2041 35 year 1.3258% IL A3/A-
UUW GBP 100 28 Mar 2042 36 year 1.5802% IL A3/A-
UUW GBP 50 06 Apr 2043 37 year 1.5366%IL A3/A-
UUW GBP 50 13 Feb 2046 40 year 1.3970% IL A3/A-
UUW GBP 50 19 May 2049 43 year 1.7937% IL A3/A-
UUW GBP 100 07 Jul 2056 50 year 1.847% IL A3/A-
UUW GBP 100 28 Jul 2056 50 year 1.815% IL A3/A-
UUW GBP 100 11 Aug 2056 50 year 1.662% IL A3/A-
UUW GBP 50 16 Aug 2056 50 year 1.5865% IL A3/A-
UUW GBP 25 25 Sep 2056 50 year 1.591% IL A3/A-
UUW GBP 50 25 Oct 2056 50 year 1.556% IL A3/A-
UUW GBP 35 21 Nov 2056 50 year 1.3805% IL A3/A-
UUW GBP 50 21 Nov 2056 50 year 1.435% IL A3/A-
UUW GBP 100 12 Jul 2057 50 year 1.585% IL A3/A-
UUW GBP 50 21 Nov 2057 50.5 year 1.702% IL A3/A-
UU USD 10 28 Apr 2009 5 year Floating Baa1/BBB+
UU GBP 6.5 28 Mar 2013 7 year Floating Baa1/BBB+

I wanna buy in the $50's... that is my favorite.

Everyone buys in the $50's..

But if you have a client with a distressed asset who would like a private desposition, let me know.
OhMy

Hasbrouck Heights, NJ

#7 Apr 22, 2009
It is 99% BS. You are absolutely right.

My favorite ones are the people offering to provide collateral if the lender provides a letter saying I'll fund with collateral. Everyone knows that any bank will do a deal that they can't lose money on. Sometimes, you just have to ask how stupid people think you are.
MTNs

Ocala, FL

#8 Apr 28, 2009
So how do you find a real seller?
Paul M

Randolph, NJ

#9 Apr 28, 2009
Hey, MTN, like Public Enemy sang... "Don't believe the hype", no FUND that is capable of buying the amounts of paper spoken about on these sites, NEED you, I or anyone else for that matter, to find a seller of paper. Why? Cause they already have their own private banking relationships.

Not only that, but citizens or corporations in US, Italy, Belgium and soon to be Germany, are now being BLOCKED by Western European Banks to do any business.

Entities in these areas, now require an advocate entity, to represent them if they are located in those areas mentioned above.

Unless you are on the pulse, stay away!

Questions? email: gpk dot pm1 @ gmail dot com
Investment Banker

Lyons, IL

#10 Apr 28, 2009
One of the biggest problems with closing a transaction with MTNs is that most purported sellers and supposed buyers are not real. Either you have a seller/commitment holder/gate-keeper or glorified broker who has nothing or a buyer/leased fund holder/POA to someone else's money (usually some non-english speaking person who was supposed to be stupid enough to give Joe Shmoe authorization to invest his millions) or a group who actually has funds but is seeking primary market procedures in our gray market.

This coupled with the masses who don't understand that you can't buy European MTNs with the 5%+ coupons and the maturity terms of 10 yeasd in the US market place makes it all totally unbelievable. The US has their own versions of MTNs and people with money can get them at any securities house. Now irrespective of what market we speak of Paul M is in large part correct in that most real buyers and sellers do not need us. However, there are those who are not part of the club as my associate likes to term it. These guys come to internet seeking entrance into that proverbial club.

99.9 I would say is quite accurate as far as the level BS one must sift through before he comes anywhere near a real deal but real deals can in fact be found. This is not to say that some guy, company or financial entity is sitting around with 5,10,50,100 or 500 billion dollars or euros worth of cash backed MTNs on Euroclear hoping someone will come along and buy them.

MTNs are highly coveted, mostly by large "institutional buyers or investors" such as pension funds, insurance companies and large hedge funds. So "If" someone places them on Euroclear they are snatched immediately. No need to surf the internet for someone with POFs who doesn't mind sending them through 3 brokers and a so-called mandate. A buyer, any buyer would be hard pressed to find a seller with "EXISTING MTNs. That means Slightly seasoned or seasoned NTNs just sitting on Euroclear. In fact before the ink is dry on the broker's LOI the MTNs would be bought.
Investment Banker

Lyons, IL

#11 Apr 28, 2009
Part 2

It has been my experience that the only way an unproven or otherwise unknown buyer will obtain European MTNs is to get them from the source, a European bank. Newly issued paper can be gotten via a relationship not an LOI/RWA/MOU. This coincidently is the same for getting paid. You are paid via your relationship not some worthless MFPA. Most so-called buyers won't pursue FC or newly issued MTNs.

Why.....?? because they don't have any money.
If you have the minimum participating amount for a platform which is usually 100M or more. There are licensed, veteran traders with their own funds and a "relationship" with a top world transactional and or money market financial institution who can get you MTNs. Most traders want to establish a relationship with the client first. This is usually done by the client participating in a managed buy/sell facilitated by the trader.

Why.....? There are several reasons but one is when a contract is signed it is usually for a couple of billion dollars. There is also a tranching schedule that is also agreed upon between the parties. If you have a 5B contract each tranch is a 100M or more until the contract is exhausted. Well if the primary buyer doesn't have the entire 5B which most "private" or "unknown" buyers wont he is reliant upon an exit buyer.

Example: buyer 1 (our unknown and unproven buyer)buys from the bank via the trader
buyer 2 (buyer 1's exit buyer)buys from buyer 1 usually at a price mark up.

If for some reason buyer 2 doesn't perform the agreed upon tranching schedule is thrown off and someone has to answer why, there are internal and external investigations etc. To insure that this sort of thing doesn't happen the trader has the unknown and unproven buyer participate in the managed buy/sell where there is a vetted and proven exit buyer in place. Now a relationship is being establsihed, the client is making money in the process and the buyer is now positioned to negotiate with the trader and the issuing bank to obtain European MTNs for his own portfolio.

This is not an endorsement for any programs or offers or a solicitation of any kind. This is for informational purposes only.
MTN

Ocala, FL

#14 May 5, 2009
You know what: You guys are right. There is no such things as bank instruments where a "normal" someone can "broker" it. My problem isn't even the buyers, is these fake sellers. No one has real sellers, everyone is liars just to get to a buyer! Even if I worked 7 years to close one deal, it just wouldn't be work the stress, the dead leads, the lies that are told and the hours of work put into it. All these different buyers and sellers with their difficult, stupid, unrealistic procedures. If you want to sell these things, go to school for it!
MTNs

Ocala, FL

#15 May 5, 2009
And notice, no one has said: "I have made money. I closed," which was the main question. They just put their "two cents" in. If I got every brokers "two cents," I'd be a billionaire. I haven't closed. This business is BS.

“Cake or Death?”

Since: Dec 08

Palm Beach

#16 May 6, 2009
MTNs wrote:
And notice, no one has said: "I have made money. I closed," which was the main question. They just put their "two cents" in. If I got every brokers "two cents," I'd be a billionaire. I haven't closed. This business is BS.
You are fising for traders...

The margains are very tight...

Your chance of meeting someone who wants to quietly, off the beaten path sell anything and then be able to provide a trader who wold not capitalize on the trade of a distressed asset is very small..

But look at how much you have learned... during the process that is... No one can take your education away from you.
MTNs

Ocala, FL

#17 May 6, 2009
JW n FL wrote:
<quoted text>
You are fising for traders...
The margains are very tight...
Your chance of meeting someone who wants to quietly, off the beaten path sell anything and then be able to provide a trader who wold not capitalize on the trade of a distressed asset is very small..
But look at how much you have learned... during the process that is... No one can take your education away from you.
I am not "fising" for anything. If I was "fising" for something I would leave contact information or ask for someone's contact information. I don't want a trader because any real trader would not be here!!! I was just adding to the point that most people,(brokers) when asked a question, some how avoids the question by throwing unrelated information out there instead of answering it.

Brokers should be politicians.

I have not gotten an "education in this business." I have actually killed more brain cells listen to "know it alls" who know nothing, and brainless brokers who actually believe their procedures will work.

“Cake or Death?”

Since: Dec 08

Palm Beach

#18 May 6, 2009
MTNs wrote:
<quoted text>
I am not "fising" for anything. If I was "fising" for something I would leave contact information or ask for someone's contact information. I don't want a trader because any real trader would not be here!!! I was just adding to the point that most people,(brokers) when asked a question, some how avoids the question by throwing unrelated information out there instead of answering it.
Brokers should be politicians.
I have not gotten an "education in this business." I have actually killed more brain cells listen to "know it alls" who know nothing, and brainless brokers who actually believe their procedures will work.
That was meant as you are the bait for the Traders.. not that you where fishing.. They where using you.. I hope that clears that mis-understanding up..

Best Wishes, JW
Soul

Pakistan

#19 May 14, 2009
OhMy wrote:
It is 99% BS. You are absolutely right.
My favorite ones are the people offering to provide collateral if the lender provides a letter saying I'll fund with collateral. Everyone knows that any bank will do a deal that they can't lose money on. Sometimes, you just have to ask how stupid people think you are.
I have a genuine Borrower ( your favorite category ), who meets your critera

[email protected]
Direct

Southaven, MS

#21 Jul 9, 2009
Its who you know and your working relationships. There are many unlicensed brokers who are being paid on these transactions. Dont fool yourself. If I was a banker and bought and sold MTN and BG and a broker introduced me to a bonafide registered seller, I would include that broker on payouts and commissions. Deals Close and Projects are the helm of the BG and MTN world. This is for the betterment of our world, Oil and gas, mining, infrastructure, gold, precious metals. Its who you know and your working relationships. Never give up!(DUH)
ACE PACIFIC

San Jose, CA

#22 Sep 5, 2009
Without knowing how, where,who,when,then you guy just smple bad luck in this business,
Truth in Business

San Bernardino, CA

#25 Nov 4, 2009
Private Placement is an acquisition model. Some intermediary didn't quite understand whatwe was hearing and thought about replacing the bank's cedit for the acquiring companies securities. Say Berkshire Hathaway issued securities in itself to buy a company via private investors:

Under US tax law, it is very difficult to have a tax-deferred transaction using debt securities, making notes an unattractive form of consideration.

The use of stock or notes will usually implicate the federal securities laws. In most private company transactions, the securities being issued as consideration will be issued as a "private placement", which will require the buyer to take steps to limit resales by the seller and will cause the seller to be concerned about its ability to sell the securities. The seller frequently will look for assurance of liquidity through registration rights. Under the US federal securities laws, registration rights permit the holder of securities that were issued in a private placement to sell those securities in a public offering (for example, through the facilities of a stock exchange).
BS Spotter

San Diego, CA

#26 Nov 4, 2009
Truth in Business, you are 99.99 correct. The good news, and the reason all these cyberspace brokers fail to make any money, is because; when private placements take place, an exit strategy is alreay in place. Nothing happens by accident.

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