FOX Translator
No data currently available.
No data currently available.
It's time to let you in on a dirty little secret: You may not own the stock you own. That's right, if you invest with a brokerage firm, the shares you bought are almost certainly not held in your name. Technically, they're held in the name of the Wall Street firm you do business with, hence the term "street name."
No, you haven't been robbed. Ultimately, the decision to hold shares on the books under a different name doesn't affect the economic ramifications for you. You¿re listed as the "beneficial owner," even though the firm is the official owner of the shares. But, you are giving up some rights, and investors concerned about good corporate governance might want to get that stock back in their own names.
Here's the problem: If your stock is technically owned by, say, Merrill Lynch, then Merrill Lynch gets to do things with it that might work against your wishes. Take short selling. Investors who want to sell shares short need to first borrow those shares. The lenders are often the big Wall Street firms that are handing out Street-name shares. So, if you feel that a company you own is a victim of aggressive short selling, chances are your own shares are being used to fuel the shorting.
Also, your brokerage firm can cast ballots on some corporate matters affecting a company without getting your input. Technically, this can only happen in votes considered ¿routine¿ by securities regulators. But, there's a big catch: some big events, like board elections, are considered "routine" under law.
The good news is that you can easily fix the Street name problem: Just request that your brokerage firm makes you the listed owner of the shares. If they refuse, find a new firm.
Home
Thursday, July 17, 2008
Spotlight 29 Casino Lights up Friday Nights With Sizzlingly Sexy Revue Shows
Comtex
COACHELLA, Calif., July 17, 2008 /PRNewswire via COMTEX/ ----Spotlight 29 Casino's Blue Bar is famous as the fun hot spot in the Coachella Valley. Now the fun is getting even hotter, and the Blue Bar is turning a slightly deeper shade of blue because Spotlight 29 Casino is proud to welcome the Midnight Dolls and the Men of Playgirl to the Blue Bar stage.
Direct from Las Vegas, the "Midnight Dolls" stars the most beautiful, sexy women ever gathered together on one stage. Carefully selected from the ranks of Penthouse, the Hawaiian Tropics Ladies and top Las Vegas productions, the Midnight Dolls show is a Pussycat Dolls-type review with beautiful women singing, beautiful women dancing and more beautiful women.
Also direct from Las Vegas are the "Men of Playgirl." Once spread across a centerfold, these hunks of muscle are now spread across the stage in an oiled- up fantasy come true. Sexy, sensual and most of all, real men, the Men of Playgirl revue is a fun, sexy bare-as-you-dare celebration of the male body in its prime form.
Making both shows even better is the fact that the Blue Bar is an intimate setting. In fact, only 220 guests will be permitted, so audiences are encouraged to arrive early. What that means is that every seat is as close as possible to the sexiest women and the hottest men on any stage!
The fun starts with the Men of Playgirl on August 22 and September 5. The Midnight Dolls will be on stage August 29 and September 12. However, the men and the women will be different in each show, making the Blue Bar a must-be place every Friday night.
Tickets for each performance are $20 and include two well drinks. Tickets can be purchased at the Spotlight 29 Gift Shop or at the Box Office.
Put a blue spotlight on fun at Spotlight 29 Casino, the Coachella Valley's most exciting place to play. Spotlight 29 Casino is a business venture of the Twenty-Nine Palms Band of Mission Indians. Turn it on at http://www.Spotlight29.com.
Contact:
Paul Speirs, Steinbeck Communications
(702) 413-4278, paulspeirs@cox.net
SOURCE Spotlight 29 Casino
http://www.Spotlight29.com
Copyright (C) 2008 PR Newswire. All rights reserved
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
