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Author: rafferty

Dietrich Bonhoeffer Speaks to Woke Society Today

15:49 31 May in Private by rafferty

May 25, 2022 By Jon Henschen, American Thinker Prior to World War II, many Christian congregations and clergy in Germany jumped on the Hitler bandwagon.  One exception to this trend was Lutheran pastor Dietrich Bonhoeffer.  Witnessing Kristallnacht, the wholesale 1938 Nazi attack on Germany's Jewish community, Bonhoeffer resisted collaboration with the Nazi regime and proceeded to speak publicly against Hitler's euthanasia program and the genocidal persecution of Jews. By 1940, Bonhoeffer joined the resistance, and in 1943, he was arrested for his efforts to rescue Jews, although the charges against him were eventually expanded to his being involved in the plot to assassinate Hitler.  Bonhoeffer spent one and a half years incarcerated at Tegel Prison until he was transferred first to a Gestapo facility and then to  Flossenbürg concentration camp, where he was executed by hanging on April...

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Lead Broker-Dealer Seller of GWG Bonds Reports Potential Trouble

14:58 27 May in In the News by rafferty

May 23, 2022 By Bruce Kelly, Investment News In its annual audited financial statement, Emerson Equity reported that problems related to an unnamed offering potentially could harm the firm. The lead seller of the bonds of GWG Holdings Inc. recently revealed troublesome fallout from a product that failed, raising questions about the firm. In its annual audited financial statement filed with the Securities and Exchange Commission, Emerson Equity reported that problems related to an unnamed offering potentially could harm the firm. “In 2022, there was an offering that ceased distributions and redemptions and, as a result, this may have an adverse effect on the future financial condition or results of operations of the company,” according to Emerson’s 2021 financial statement, which was filed March 2 but was not posted on the SEC’s website until recently. Last month, GWG,...

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Raymond James Launches Corporate RIA for Fee-Only Advisors

16:35 16 May in In the News by rafferty

May 12, 2022 By Diana Britton, WealthManagement.com The new model, which sits inside the independent contractors division, is geared toward advisors who want to drop the Series 7 yet don't want to run their own registered investment advisor.   Raymond James has introduced a new Corporate Registered Investment Advisor model, aimed at fee-only advisors who don’t want to run their own RIA yet don't need the association with a broker/dealer. Under the new model, advisors would affiliate with Raymond James’ existing corporate RIA, Raymond James Financial Services Advisors, and drop their Series 7 license with the Financial Industry Regulatory Authority, if they still have it. This would allow advisors to operate as a fee-only fiduciary, with no commission business. “There’s an attraction now to be able to say, ‘I’m a fiduciary,’ and one way that they can...