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            <pubDate>Mon, 11 May 2009 13:03:00 MDT</pubDate>
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            <pubDate>Tue, 20 Oct 2009 10:22:00 MDT</pubDate>
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            <pubDate>Tue, 20 Oct 2009 10:22:00 MDT</pubDate>
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            <pubDate>Wed, 13 May 2009 00:50:00 MDT</pubDate>
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            <pubDate>Sun, 11 Sep 2011 22:03:00 MDT</pubDate>
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            <pubDate>Sun, 11 Sep 2011 22:03:00 MDT</pubDate>
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            <pubDate>Sun, 11 Sep 2011 20:37:00 MDT</pubDate>
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            <title>DDM11 Legal Panel</title>
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            <pubDate>Sun, 11 Sep 2011 20:17:00 MDT</pubDate>
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            <pubDate>Sun, 11 Sep 2011 20:17:00 MDT</pubDate>
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            <pubDate>Sun, 11 Sep 2011 19:34:00 MDT</pubDate>
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            <pubDate>Sun, 11 Sep 2011 19:34:00 MDT</pubDate>
        </item>
        <item>
            <title>Mana&apos;s the best dance partner :)</title>
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                <media:title>Mana&apos;s the best dance partner :)</media:title>
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            </media:content>
            <pubDate>Thu, 21 Jun 2012 15:14:00 MDT</pubDate>
        </item>
        <item>
            <title>DDM11 Legal Panel</title>
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            <dc:creator>ebjosic</dc:creator>
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                <media:title>DDM11 Legal Panel</media:title>
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            <pubDate>Sun, 11 Sep 2011 20:43:00 MDT</pubDate>
        </item>
        <item>
            <title>DDM11 Legal Panel</title>
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                <media:title>DDM11 Legal Panel</media:title>
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            <pubDate>Sun, 11 Sep 2011 19:34:00 MDT</pubDate>
        </item>
        <item>
            <title>Initially rival later friend much later best buddy finally business partner (wait I never said legal business did I)</title>
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            <dc:creator>lohchinsheon</dc:creator>
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                <media:title>Initially rival later friend much later best buddy finally business partner (wait I never said legal business did I)</media:title>
                <media:description />
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            <pubDate>Sun, 10 May 2009 20:01:00 MDT</pubDate>
        </item>
        <item>
            <title>racists</title>
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            <dc:creator>mbabalola</dc:creator>
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                <media:title>racists</media:title>
                <media:description>racists who attacked my business myself and harassed my business partner</media:description>
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            <pubDate>Mon, 29 Mar 2010 18:06:00 MDT</pubDate>
        </item>
        <item>
            <title>DDM11 Legal Panel</title>
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            <dc:creator>ebjosic</dc:creator>
            <description>&lt;p&gt;&lt;a href=&quot;http://s239.photobucket.com/albums/ff83/ebjosic/DDM11%20Daily%20Deal%20Media/?action=view&amp;current=IMG_9889.jpg&quot; title=&quot;IMG_9889.jpg&quot;&gt;&lt;img src=&quot;http://th239.photobucket.com/albums/ff83/ebjosic/DDM11%20Daily%20Deal%20Media/th_IMG_9889.jpg&quot; alt=&quot;IMG_9889.jpg&quot; /&gt;&lt;/a&gt;&lt;br&gt;DDM11 Legal Panel - IMG_9889.jpg&lt;/p&gt;&lt;p&gt;Joe Walker President of Martin Jay Digital moderates the DDM11 Legal Panel which included Gianna Scatchell Reporter for ChicagoNow  Chicago Tribune Boyan Josic Founder  Editor-in-Chief Daily Deal Media Jay Edelson Partner Edelson McGuire and David S Almeida Partner Sedgwick LLP&lt;/p&gt;</description>
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                <media:title>DDM11 Legal Panel</media:title>
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            <pubDate>Sun, 11 Sep 2011 20:17:00 MDT</pubDate>
        </item>
        <item>
            <title>DDM11 Legal Panel</title>
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            <dc:creator>ebjosic</dc:creator>
            <description>&lt;p&gt;&lt;a href=&quot;http://s239.photobucket.com/albums/ff83/ebjosic/DDM11%20Daily%20Deal%20Media/?action=view&amp;current=IMG_9863.jpg&quot; title=&quot;IMG_9863.jpg&quot;&gt;&lt;img src=&quot;http://th239.photobucket.com/albums/ff83/ebjosic/DDM11%20Daily%20Deal%20Media/th_IMG_9863.jpg&quot; alt=&quot;IMG_9863.jpg&quot; /&gt;&lt;/a&gt;&lt;br&gt;DDM11 Legal Panel - IMG_9863.jpg&lt;/p&gt;&lt;p&gt;Joe Walker President of Martin Jay Digital moderates the DDM11 Legal Panel which included Gianna Scatchell Reporter for ChicagoNow  Chicago Tribune Boyan Josic Founder  Editor-in-Chief Daily Deal Media Jay Edelson Partner Edelson McGuire and David S Almeida Partner Sedgwick LLP&lt;/p&gt;</description>
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                <media:title>DDM11 Legal Panel</media:title>
                <media:description>Joe Walker President of Martin Jay Digital moderates the DDM11 Legal Panel which included Gianna Scatchell Reporter for ChicagoNow  Chicago Tribune Boyan Josic Founder  Editor-in-Chief Daily Deal Media Jay Edelson Partner Edelson McGuire and David S Almeida Partner Sedgwick LLP</media:description>
                <media:thumbnail url="http://th239.photobucket.com/albums/ff83/ebjosic/DDM11%20Daily%20Deal%20Media/th_IMG_9863.jpg" />
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            <pubDate>Sun, 11 Sep 2011 20:17:00 MDT</pubDate>
        </item>
        <item>
            <title>Lisa Flynn National Legal Partner from Shine Lawyers</title>
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                <media:title>Lisa Flynn National Legal Partner from Shine Lawyers</media:title>
                <media:description>Lisa Flynn from Shine Lawyers accepting the ministers award for Outstanding EEO InitiativeResult for the Advancement of Women</media:description>
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            <pubDate>Mon, 15 Nov 2010 22:20:00 MST</pubDate>
        </item>
        <item>
            <title>Translation Chinese English</title>
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            <dc:creator>itranslation</dc:creator>
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                <media:title>Translation Chinese English</media:title>
                <media:description>Translation Chinese English</media:description>
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            <pubDate>Wed, 4 Aug 2010 05:06:00 MDT</pubDate>
        </item>
        <item>
            <title>Chinese English Translation</title>
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            <dc:creator>itranslation</dc:creator>
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                <media:title>Chinese English Translation</media:title>
                <media:description>Chinese English Translation</media:description>
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            <pubDate>Wed, 4 Aug 2010 05:06:00 MDT</pubDate>
        </item>
        <item>
            <title>15 Minutes</title>
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            <dc:creator>blueridgechick</dc:creator>
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                <media:title>15 Minutes</media:title>
                <media:description>2001 - Directed by John Herzfeld With Robert De Niro Edward Burns Kelsey Grammer Avery Brooks - When Eastern European criminals Oleg and Emil come to New York City to pick up their share of a heist score Oleg steals a video camera and starts filming their activities both legal and illegal When they learn how the American media circus can make a remorseless killer look like the victim and make them rich they target media-savvy NYPD Homicide Detective Eddie Flemming and media-naive FDNY Fire Marshal Jordy Warsaw the cops investigating their murder and torching of their former criminal partner filming everything to sell to the local tabloid TV show Top Story</media:description>
                <media:thumbnail url="http://th676.photobucket.com/albums/vv121/blueridgechick/Items%20For%20Sale/th_DSC_0655.jpg" />
            </media:content>
            <pubDate>Wed, 17 Aug 2011 11:19:00 MDT</pubDate>
        </item>
        <item>
            <title>Russell Brown Wins Legal Victory over Edward Eugene Lehman -- Hong Kong High Court finds Edward Lehman Guilty of Contempt of Court</title>
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            <dc:creator>PRWeb_05_2011</dc:creator>
            <description>&lt;p&gt;&lt;a href=&quot;http://s1191.photobucket.com/albums/z480/PRWeb_05_2011/12/?action=view&amp;current=gI_71028_Russell-Brown_at_HongKong_court_640x506.jpg&quot; title=&quot;gI_71028_Russell-Brown_at_HongKong_court_640x506.jpg&quot;&gt;&lt;img src=&quot;http://th1191.photobucket.com/albums/z480/PRWeb_05_2011/12/th_gI_71028_Russell-Brown_at_HongKong_court_640x506.jpg&quot; alt=&quot;gI_71028_Russell-Brown_at_HongKong_court_640x506.jpg&quot; /&gt;&lt;/a&gt;&lt;br&gt;Russell Brown Wins Legal Victory over Edward Eugene Lehman -- Hong Kong High Court finds Edward Lehman Guilty of Contempt of Court - gI_71028_Russell-Brown_at_HongKong_court_640x506.jpg&lt;/p&gt;&lt;p&gt;Russell Brown Fellow of the Chartered Institute of Management Accountants (CIMA) and Managing Partner of LehmanBrown a leading China-focused accounting taxation and business advisory firm won a significant legal case against Edward Lehman Managing Director and founding partner of Lehman Lee  Xu a mainland Chinese law firm who was found guilty of contempt of Court (HCA22042010) by the Hong Kong High Court Lehman&apos;s own counsel described Edward Lehman&apos;s conduct in breach of an Injunction Order as stupid foolish and culpably negligent The Honourable Mr Justice To imposed a fine of HK200000 against Lehman and awarded indemnity costs of HK400000 to the Plaintiffs&lt;/p&gt;</description>
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                <media:title>Russell Brown Wins Legal Victory over Edward Eugene Lehman -- Hong Kong High Court finds Edward Lehman Guilty of Contempt of Court</media:title>
                <media:description>Russell Brown Fellow of the Chartered Institute of Management Accountants (CIMA) and Managing Partner of LehmanBrown a leading China-focused accounting taxation and business advisory firm won a significant legal case against Edward Lehman Managing Director and founding partner of Lehman Lee  Xu a mainland Chinese law firm who was found guilty of contempt of Court (HCA22042010) by the Hong Kong High Court Lehman&apos;s own counsel described Edward Lehman&apos;s conduct in breach of an Injunction Order as stupid foolish and culpably negligent The Honourable Mr Justice To imposed a fine of HK200000 against Lehman and awarded indemnity costs of HK400000 to the Plaintiffs</media:description>
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            <pubDate>Thu, 12 May 2011 19:43:00 MDT</pubDate>
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        <item>
            <title>Tsutano Kioki</title>
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            <dc:creator>Old1RanOut</dc:creator>
            <description>&lt;p&gt;&lt;a href=&quot;http://s1019.photobucket.com/albums/af320/Old1RanOut/Bleach/?action=view&amp;current=smallAnimePaperscans_Murakami-Suigu.jpg&quot; title=&quot;smallAnimePaperscans_Murakami-Suigu.jpg&quot;&gt;&lt;img src=&quot;http://th1019.photobucket.com/albums/af320/Old1RanOut/Bleach/th_smallAnimePaperscans_Murakami-Suigu.jpg&quot; alt=&quot;smallAnimePaperscans_Murakami-Suigu.jpg&quot; /&gt;&lt;/a&gt;&lt;br&gt;Tsutano Kioki - smallAnimePaperscans_Murakami-Suigu.jpg&lt;/p&gt;&lt;p&gt;Kioki is bright cheerful and very nurturing She became so known for being motherly that a lot of 4th squad members called her Kaa-chan She&apos;s from one of the four noble families a fact that she keeps to her self (Tsutano is her mothers family name Not her legal last name) The only reason she gave for leaving was I hate the way my family was Looking down on everyone like we&apos;re so much better because of our surname I despise that kind of out look So I left to live my way By helping everyone and looking down on no onenRace: shinigami Birthday: may 16 Height: 5&apos;5 Weight: 115lbs Eyes: dark purple almost black Hair: black nAffiliation: Gotei 13 Soul SocietynOccupation: 4th Seat of the 4th DivisionnTeam: 4th DivisionnPrevious Team: NonenPartner: Iemura YasuchikanPrevious Partner: NonenBase of Operations: 4th Division HQ Seireitei Soul SocietynPersonal StatusnMarital Status: SinglenRelatives: all family unnamed nEducation: Shin AcademynZanpakutnShikai: Jinsei no KkannBankai: None&lt;/p&gt;</description>
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                <media:title>Tsutano Kioki</media:title>
                <media:description>Kioki is bright cheerful and very nurturing She became so known for being motherly that a lot of 4th squad members called her Kaa-chan She&apos;s from one of the four noble families a fact that she keeps to her self (Tsutano is her mothers family name Not her legal last name) The only reason she gave for leaving was I hate the way my family was Looking down on everyone like we&apos;re so much better because of our surname I despise that kind of out look So I left to live my way By helping everyone and looking down on no onenRace: shinigami Birthday: may 16 Height: 5&apos;5 Weight: 115lbs Eyes: dark purple almost black Hair: black nAffiliation: Gotei 13 Soul SocietynOccupation: 4th Seat of the 4th DivisionnTeam: 4th DivisionnPrevious Team: NonenPartner: Iemura YasuchikanPrevious Partner: NonenBase of Operations: 4th Division HQ Seireitei Soul SocietynPersonal StatusnMarital Status: SinglenRelatives: all family unnamed nEducation: Shin AcademynZanpakutnShikai: Jinsei no KkannBankai: None</media:description>
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            <pubDate>Tue, 15 Jun 2010 23:38:00 MDT</pubDate>
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        <item>
            <title>SanFranStuck4</title>
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            <dc:creator>oJayRocko</dc:creator>
            <description>&lt;p&gt;&lt;a href=&quot;http://s1086.photobucket.com/albums/j454/oJayRocko/?action=view&amp;current=sanfranstuck4.jpg&quot; title=&quot;sanfranstuck4.jpg&quot;&gt;&lt;img src=&quot;http://th1086.photobucket.com/albums/j454/oJayRocko/th_sanfranstuck4.jpg&quot; alt=&quot;sanfranstuck4.jpg&quot; /&gt;&lt;/a&gt;&lt;br&gt;SanFranStuck4 - sanfranstuck4.jpg&lt;/p&gt;&lt;p&gt;I don&apos;t like how Aradia turned out but it&apos;s always been exceptionally hard for me to turn pixel art of 13 year old girls into 20-something men If you squint his hair looks similar Also I was resisting making anyone Japanese because I already had two Asians and am in denial about being a weebaboo but it turned out working for Equius because of robots and weird pornography n nAradia is a a Greek guy who works at a children&apos;s history museum He&apos;s a very active person and loves to rock climb hike mountain bike wear hats and travel However he&apos;s also poor as dirt and has done many incredibly dangerous and semi-legal things in order to sate his desires to travel He is pretty much constantly in a state of flux between living in shitty apartments and on the street but he always shows up for his job at the museum Always n nEquius is a Japanese woman and and only child Her father is the owner of a powerful robotics company so she has a lot of free time and a guaranteed job and source of money She enjoys spending her time constructing robots for the company and fixing her friend&apos;s cars She&apos;s painfully self conscious and is fully aware how mannish and intimating she is She has a crush on Aradia who comes through her workplace every so often looking for his rock climbing partner n nNepeta is a black kid and is the youngest of any of them at 17 He really hasn&apos;t hit puberty yet which is fine by him because he likes being small and cute His father works at the same company that Equius does everyday when his school lets out at 3:00 he goes to the company building and hangs with Equius until his dad&apos;s shift ends at 5:30 He is a cat furry and enjoys role playing with Terezi&lt;/p&gt;</description>
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                <media:title>SanFranStuck4</media:title>
                <media:description>I don&apos;t like how Aradia turned out but it&apos;s always been exceptionally hard for me to turn pixel art of 13 year old girls into 20-something men If you squint his hair looks similar Also I was resisting making anyone Japanese because I already had two Asians and am in denial about being a weebaboo but it turned out working for Equius because of robots and weird pornography n nAradia is a a Greek guy who works at a children&apos;s history museum He&apos;s a very active person and loves to rock climb hike mountain bike wear hats and travel However he&apos;s also poor as dirt and has done many incredibly dangerous and semi-legal things in order to sate his desires to travel He is pretty much constantly in a state of flux between living in shitty apartments and on the street but he always shows up for his job at the museum Always n nEquius is a Japanese woman and and only child Her father is the owner of a powerful robotics company so she has a lot of free time and a guaranteed job and source of money She enjoys spending her time constructing robots for the company and fixing her friend&apos;s cars She&apos;s painfully self conscious and is fully aware how mannish and intimating she is She has a crush on Aradia who comes through her workplace every so often looking for his rock climbing partner n nNepeta is a black kid and is the youngest of any of them at 17 He really hasn&apos;t hit puberty yet which is fine by him because he likes being small and cute His father works at the same company that Equius does everyday when his school lets out at 3:00 he goes to the company building and hangs with Equius until his dad&apos;s shift ends at 5:30 He is a cat furry and enjoys role playing with Terezi</media:description>
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            <pubDate>Mon, 4 Jul 2011 12:30:00 MDT</pubDate>
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            <title>angeles2.jpg</title>
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            <dc:creator>ethelkilledfred</dc:creator>
            <description>&lt;p&gt;&lt;a href=&quot;http://s50.photobucket.com/albums/f329/ethelkilledfred/Cars%20off%20the%20Net/Pontiac/?action=view&amp;current=angeles2.jpg&quot; title=&quot;angeles2.jpg&quot;&gt;&lt;img src=&quot;http://th50.photobucket.com/albums/f329/ethelkilledfred/Cars%20off%20the%20Net/Pontiac/th_angeles2.jpg&quot; alt=&quot;angeles2.jpg&quot; /&gt;&lt;/a&gt;&lt;br&gt;angeles2.jpg&lt;/p&gt;&lt;p&gt;FEBRUARY 4TH 2000 POMONA CALIFORNIA - NHRA WINTERNATIONALS n nKERI ANGELES DROVE HER FATHERS 1969 RAFOUR FIREBIRD TO A RECORD SETTING 999 ET TO BECOME THE FIRST EVER NHRA SUPER STOCK 400 INCH PONTIAC INTO THE NINE SECOND ZONE CONGRATULATIONS JOHN MELINDA KIM AND KERI FOR ACHIEVING A LIFETIME GOAL TO BE THE FIRST SS CATEGORY CAR (NOT A GT) TO GET IN THE NINES TO PROVE IT WASN&apos;T A FLUKE THEY CAME BACK IN THE FIRST ROUND OF ELIMINATIONS FRIDAY MORNING TO WIN WITH ANOTHER 999 AND THEN IN THE THIRD ROUND WENT A 998 BRUCE ASSISTED JOHN WITH AN EXTENSIVE VALVE TESTING PROGRAM INTAKE MANIFOLD AND SUPPLIED OTHER PARTS n nJOHN WANTS IT KNOWN HE HAS ALWAYS ASSEMBLED HIS OWN ENGINES NO ONE ELSE NOT EVEN HIS EX-PARTNER Pete McCarthy n nJohn told me his quarterpanel was worth 6000 for any interested sponsor n nIn this arena of NHRA rules oriented racing respect is earned by people whos performance is measured by their results against their competition andor professional recorded elapsed times and miles per hour and passing tech Not by winning a bracket race which has no engine rules n nOn that note it&apos;s important to point out that Roy McKinney was the VERY first NHRA Super Stocker n nrunning in a GT class of Super Stock with a 400 cubic inch engine to run in the nines back in 1997 Roy deserves that mention He&apos;s one very smart NHRA racer You may remember his 1968 Firebird in the CompCams ad almost straight up at Indy Got to find that picture and put it up Phil Montieths GTFA Firebird has also dipped into the nines making the total of just three NHRA legal 400 Pontiacs to run nines at NHRA events Click here for the official unofficial NHRA traditional 400 and 455 inch Pontiac powered&lt;/p&gt;</description>
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                <media:title>angeles2.jpg</media:title>
                <media:description>FEBRUARY 4TH 2000 POMONA CALIFORNIA - NHRA WINTERNATIONALS n nKERI ANGELES DROVE HER FATHERS 1969 RAFOUR FIREBIRD TO A RECORD SETTING 999 ET TO BECOME THE FIRST EVER NHRA SUPER STOCK 400 INCH PONTIAC INTO THE NINE SECOND ZONE CONGRATULATIONS JOHN MELINDA KIM AND KERI FOR ACHIEVING A LIFETIME GOAL TO BE THE FIRST SS CATEGORY CAR (NOT A GT) TO GET IN THE NINES TO PROVE IT WASN&apos;T A FLUKE THEY CAME BACK IN THE FIRST ROUND OF ELIMINATIONS FRIDAY MORNING TO WIN WITH ANOTHER 999 AND THEN IN THE THIRD ROUND WENT A 998 BRUCE ASSISTED JOHN WITH AN EXTENSIVE VALVE TESTING PROGRAM INTAKE MANIFOLD AND SUPPLIED OTHER PARTS n nJOHN WANTS IT KNOWN HE HAS ALWAYS ASSEMBLED HIS OWN ENGINES NO ONE ELSE NOT EVEN HIS EX-PARTNER Pete McCarthy n nJohn told me his quarterpanel was worth 6000 for any interested sponsor n nIn this arena of NHRA rules oriented racing respect is earned by people whos performance is measured by their results against their competition andor professional recorded elapsed times and miles per hour and passing tech Not by winning a bracket race which has no engine rules n nOn that note it&apos;s important to point out that Roy McKinney was the VERY first NHRA Super Stocker n nrunning in a GT class of Super Stock with a 400 cubic inch engine to run in the nines back in 1997 Roy deserves that mention He&apos;s one very smart NHRA racer You may remember his 1968 Firebird in the CompCams ad almost straight up at Indy Got to find that picture and put it up Phil Montieths GTFA Firebird has also dipped into the nines making the total of just three NHRA legal 400 Pontiacs to run nines at NHRA events Click here for the official unofficial NHRA traditional 400 and 455 inch Pontiac powered</media:description>
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            <pubDate>Sun, 13 Feb 2011 16:14:00 MST</pubDate>
        </item>
        <item>
            <title>learning to say no</title>
            <link>http://s532.photobucket.com/albums/ee322/Marathongman/BLACK/?action=view&amp;current=learning_to_say_no.png</link>
            <dc:creator>Marathongman</dc:creator>
            <description>&lt;p&gt;&lt;a href=&quot;http://s532.photobucket.com/albums/ee322/Marathongman/BLACK/?action=view&amp;current=learning_to_say_no.png&quot; title=&quot;learning_to_say_no.png&quot;&gt;&lt;img src=&quot;http://th532.photobucket.com/albums/ee322/Marathongman/BLACK/th_learning_to_say_no.png&quot; alt=&quot;learning_to_say_no.png&quot; /&gt;&lt;/a&gt;&lt;br&gt;learning to say no - learning_to_say_no.png&lt;/p&gt;&lt;p&gt;AboutActorActressAgeAmazingAngerAngryAnniversaryAppreciateAppreciationArchitectArchitectureArtArtistAthleteAttitudeAuthorAviatorAwesomeBeautyBestBirthdayBusinessBusinessmanBusinesswomanCalmCarCaringCartoonistCelebrityChallengeChangeChefClergymanCoachComComedianCommunicationComposerComputersConfidenceCoolCoupleCouplesCourageCriminalCriticCurrentDadDancerDatingDeathDesignDesignerDietDiplomatDirectorDotDramatistDreamDreamerDreamsEconomistEditorEducationEducatorEntertainerEnvironmentEnvironmentalistEqualityExperienceExplorerFacebookFailureFaithFaithfulFamilyFamousFateFearFinanceFirst LadyFitnessFoodForgiveForgivenessFreedomFriendshipFunnyFutureGardeningGenuineGoalGodGoodGoogleGovernmentGraduationGreatHappinessHealthHistoryHomeHopeHowhttpHumorIdealImaginationImagineInspirationInspirationalInspiredIntelligenceInventorJauntyJealousyJournalistJudgeJustKeepKnowledgeLatestLaughterLawyerLeaderLeadershipLearningLegalLife LikeLongLove MadMade ofManMarriageMathematicianMatureMedicalMen and WomenMenMindMiracleModelModernMomMomentMoneyMorningMotivationalMoviesMoving OnMusicMutualNatureNew AgeNewNiceOldOriginalOvercomeParentingPartnerPartnersPartnershipPastPatiencePatriotismPeacePerfectionPerspectivePetPhotographerPicture QuotePicture SayingPoetPoetryPoint of viewPoliticsPositivePowerPresidentProverbsProvocativePsychologistPublicQuoteQuotesReallyRecentRelationshipReligionRespectRomanticRoyaltySadSaintSaySayingSayingsScienceSculptorSelectiveSensualSensualitySentimentalServesSexySmartSmileSocietySoldierSportsStillStrengthSuccessSurreptitiousSympathyTeacherTechnologyTeenTestThankfulTimeTravelTrustTruthUnbelievableUnderstandUsedVeryViceViewVirtueWantWarWeddingWelcomeWisdomWishWomenWork&lt;/p&gt;</description>
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                <media:title>learning to say no</media:title>
                <media:description>AboutActorActressAgeAmazingAngerAngryAnniversaryAppreciateAppreciationArchitectArchitectureArtArtistAthleteAttitudeAuthorAviatorAwesomeBeautyBestBirthdayBusinessBusinessmanBusinesswomanCalmCarCaringCartoonistCelebrityChallengeChangeChefClergymanCoachComComedianCommunicationComposerComputersConfidenceCoolCoupleCouplesCourageCriminalCriticCurrentDadDancerDatingDeathDesignDesignerDietDiplomatDirectorDotDramatistDreamDreamerDreamsEconomistEditorEducationEducatorEntertainerEnvironmentEnvironmentalistEqualityExperienceExplorerFacebookFailureFaithFaithfulFamilyFamousFateFearFinanceFirst LadyFitnessFoodForgiveForgivenessFreedomFriendshipFunnyFutureGardeningGenuineGoalGodGoodGoogleGovernmentGraduationGreatHappinessHealthHistoryHomeHopeHowhttpHumorIdealImaginationImagineInspirationInspirationalInspiredIntelligenceInventorJauntyJealousyJournalistJudgeJustKeepKnowledgeLatestLaughterLawyerLeaderLeadershipLearningLegalLife LikeLongLove MadMade ofManMarriageMathematicianMatureMedicalMen and WomenMenMindMiracleModelModernMomMomentMoneyMorningMotivationalMoviesMoving OnMusicMutualNatureNew AgeNewNiceOldOriginalOvercomeParentingPartnerPartnersPartnershipPastPatiencePatriotismPeacePerfectionPerspectivePetPhotographerPicture QuotePicture SayingPoetPoetryPoint of viewPoliticsPositivePowerPresidentProverbsProvocativePsychologistPublicQuoteQuotesReallyRecentRelationshipReligionRespectRomanticRoyaltySadSaintSaySayingSayingsScienceSculptorSelectiveSensualSensualitySentimentalServesSexySmartSmileSocietySoldierSportsStillStrengthSuccessSurreptitiousSympathyTeacherTechnologyTeenTestThankfulTimeTravelTrustTruthUnbelievableUnderstandUsedVeryViceViewVirtueWantWarWeddingWelcomeWisdomWishWomenWork</media:description>
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            <pubDate>Sat, 13 Apr 2013 07:26:00 MDT</pubDate>
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        <item>
            <title>Stock Prices during the Kuwait Souk Al Manakh</title>
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            <dc:creator>don_veto</dc:creator>
            <description>&lt;p&gt;&lt;a href=&quot;http://s11.photobucket.com/albums/a199/don_veto/?action=view&amp;current=manakh_prices.jpg&quot; title=&quot;manakh_prices.jpg&quot;&gt;&lt;img src=&quot;http://th11.photobucket.com/albums/a199/don_veto/th_manakh_prices.jpg&quot; alt=&quot;manakh_prices.jpg&quot; /&gt;&lt;/a&gt;&lt;br&gt;Stock Prices during the Kuwait Souk Al Manakh - manakh_prices.jpg&lt;/p&gt;&lt;p&gt;Perhaps the greatest speculative mania of all time was Kuwaits Souk al-Manakh stock bubble in the early 1980s which is as fascinating as it was devastating The bull market began when investing in local Gulf Companies became in vogue with Kuwaitis who wished to ride the coattails of the oil-induced Middle Eastern economic boom A peculiar Kuwaiti custom allowed traders to pay for stocks using post-dated checks under the assumption that default would be unthinkable Unsurprisingly human avarice prevailed as some traders speculated in stocks paid for by billions of dollars worth of unsecured checks causing the stock market to inflate like a balloon and pop in a most analogous manner  n nThe rise in oil prices in the late 1970s created an unprecedented amount of wealth in the oil-rich Persian Gulf countries with Kuwait receiving a particularly large share of the good fortune As US stocks embarked down a perilous bear market Kuwaiti shares were experiencing a seemingly unstoppable bull run as nouveau riche Kuwaitis turned to stocks as an investment vehicle to store their wealth The bull market was abetted by the scarcity of Kuwaiti stocks which consisted of only a few dozen uninteresting companies that were traded on the official exchange (1) The scarcity was the result of the royal sheiks reluctance to grant the corporate charters necessary for companies to become publicly traded for fear that companies might become vehicles for stock speculation (2) Kuwaiti investors however werent concerned with risk as their collective memories recalled a market panic in 1976 and 1977 in which the government had moved in to support prices buying heavily for its own account so that nobody would suffer (1) These traders assumed that the government would always be on the sidelines ready to bail the market out if needed in the future in effect creating a floor underneath share prices  n nBy the summer of 1981 an unofficial over-the-counter stock market was formed called the Souk al-Manakh which started specializing in the trade of highly speculative unregulated non-Kuwaiti companies such as those incorporated in Bahrain or the United Arab Emirates (3) Formerly a camel trading venue (1) the Souks history was long intertwined with trading Not long after the Souks founding the market became a hotbed of speculation overflowing with portly gentlemen in flowing white gowns (thobes) with capacious pockets full of papers worry beads in one hand cigarette in the other (1) Interest in Kuwaits heavily-regulated official market dwindled as the Souk earned the reputation of being the more exciting of the two markets in which one could double their money within a few months Sharing more similarities with a casino than a stock market the Souk al-Manakh attracted wealthy high-rollers whose preferred method of trading entailed placing orders via car phones (1) Boredom during Ramadan spurred daily flurries of trading activity lasting well into midnight as a form of entertainment (1) n nSouk stocks were Gulf companies incorporated outside of Kuwait and not subject to Kuwaiti regulation with interests ranging from property to poultry farming (4) Fitting the markets gambling nature most of these companies were little more than shell games (2) with very little in the way of assets let alone earnings with only about half of the Manakh companies even publishing annual reports (1) Company fundamentals mattered very little however to traders who regularly saw these same stocks rising 20 to 50 percent a month (1) According to Collapse of the Souk:  Eventually the securities of fifty-four real and ficitious off-shore companies were traded on the Souk with no relation to company performances or prospects Most of these companies had been established as recently as 1979 or 1980 n nAdding fuel to the fire was the type of informal margin financing through the use of postdated checks which were accepted as a cash equivalent as per Kuwaiti custom This type of personal credit didnt require a bank balance the receiver hopes that there will be one when the due date rolls around (5) The Kuwaiti culture mandated that payment would be made as a default would have violated the tradition of trust (1) as well as caused a loss of face upon the entire family The rapid influx of speculative capital caused Kuwaiti stocks to skyrocket with Souk shares increasing by an average of 63 percent in 1981 (3) The prospect of nearly instant wealth proved too enticing causing many Souk players to draw against funds they didnt have convinced that they could simply sell off their shares to raise cash when the checks came due This type of speculation involved financial leverage which can greatly amplify any gains or losses in the underlying market Greed caused traders only to see themselves tripling their money as compared to the equally plausible scenario in which they could have incurred large debts resulting in bankruptcy Trading on the Souk epitomized financial Russian roulette Stock speculation fever gripped Kuwaiti culture as thousands of traders with little business experience rushed to get their hands on any stock they could find  n nAs the Souk al-Manakh market soared to incredible new heights many speculators became willing to issue postdated checks for double or triple a stocks purchase price confident that the share prices would rise by that much by the time they had to pay (1) An informal futures market arose in postdated checks as investors upon receiving their shares used them as collateral to borrow even more money for stock speculation The traders who received the double or triple-premium postdated checks in return for selling their stock then proceeded to discount the checks in return for cash that cash was then parlayed into an even larger stock investment (3) Like the tulip bulb mania and the South Sea bubble before it the Souk al-Manakh miracle was an illusion an inverted pyramid reliant upon share prices increasing exponentially for its continued existence  n nWord of the Souk al-Manakh money machine spread like wildfire around the Middle East causing wealthy Palestinians Egyptians and Pakistanis to purchase stock through Kuwaiti nominees as only Kuwaitis could trade legally Non-Kuwaitis were just as eager to invest despite their lack of legal standing At the booms peak in 1980-1981 some stocks were advancing 100 percent per month with some advancing ten-times One stock The Gulf Company for Industrial Development even advanced fifteenfold The combination of extreme stock gains and astronomical amounts of leverage made many speculators millionaires and billionaires many times over  n nThe IPO market flourished as enterprising and crafty business people sought to take advantage of the credulous investing publics insatiable appetite for shares of all kinds Scam companies were spawned overnight with neither customers nor products while legally escaping the regulation of Kuwaiti authorities One IPO example was formerly a failed 100 million real estate venture that was converted to a hospital called Gulf Medical and brought public by the individuals looking to recoup their initial investment So successful was the IPO that it was 2600 times oversubscribed where for a whole week one to two planeloads of completed subscription forms arrived daily from around the Middle East The investment bank hired forty Egyptian schoolteachers to process the stacks of paperwork Over the next few months Gulf Medical proceeded to to advance 800 percent garnering the owners a handsome profit (1)  n nShares of investment companies that invested in other Souk stocks were among the more popular types of stocks traded creating a large amount of overlap between stock opportunities as well as serving to inflate the market as whole Even more preposterous were the Fund of Funds of Funds-investment funds that specialized in investing in companies that invested in Manakh companies Each Manakh fund sold at large premiums over their assets (1) highlighting their sole purpose of making a quick profit at the expense of their investors n nThe height of the society-wide insanity occurred as eight individuals known as the Cavaliers floated a total of 55 billion in postdated checks seemingly in an attempt to corner the market The most prolific check writer of the Cavaliers was Jassim al-Mutawa a Passport Office employee in his early-twenties who managed to pass off 14 billion all by himself Sloppy accounting on the part of his brother and partner Najeeb al-Mutawa caused Jassim to become a staggering 34 billion overdrawn (1) According to Collapse of the Souk: n nEventually approximately 29000 checks -amounting to 93 billion -were estimated to have been written against the shares of companies that were for practical purposes worthless  n nEven government leaders werent immune to the stock speculation fever with members of the ruling al-Sabah party and members of Parliament trying their luck in the market It was even rumored that the Minister of Commerce Jassim al-Marzouk tried his hand in the market despite it being his responsibility to regulate it (1) n nThe vast pools of cash being pumped into the market resulted in over 35 billion shares having traded hands by early 1982 (4) with Kuwaits total market capitalization rocketing from 5 billion to an unsustainable 100 billion  (1) Despite Kuwaits miniscule size its market capitalization was the third highest in the world behind only the United States and Japan (2) By late 1982 share prices commonly doubled by the hour and no price was considered too high to pay for a share(4) Stories abound of outsiders questioning the Souk al-Manakh markets sustainability only to be dismissed with quips such as But things are different here Our government cant permit a collapse (1) and You Westerners have been coming here for five yearsyou all have predicted a crash Dont you understand there has never been a place on earth like the Gulf with such unprecedented wealth You will never understand that the Gulf market cannot crash (2) Just like in the tulip bulb mania the Mississippi Buble the South Sea Bubble the 1929 bubble the Nasdaq Bubble investors thought they were in a New Era The Kuwaiti version of the New Era stemmed from their taking for granted that the government would support share prices and the assumption that the Persian Gulf oil economy would keep soaring to even more spectacular heights  n nIn August of 1982 a female speculator presented one of Jassim al-Mutawas postdated checks for payment ahead of its due date catching him unable to pay his debts Within an instant the Souk al-Manakh house of cards imploded throwing hundreds of speculators into default Gulf Medical lost 98 percent of its value To make matters worse an overabundance of oil suppressed prices dropping Kuwaits 1982 oil revenues to only a quarter of those of 1980 Most devastating was the statement by Kuwaits new finance minister Abdelatif al-Hamad   indicating that he had no intention of supporting the market at the insane levels to which it had risen(1) preferring that  speculators should pay for their sins in accordance with Islamic tradition (3) The Souks decline was so instantaneous and dramatic that it couldnt even be considered a crash as there were simply no bids (2)  n nBy September 1982 the Ministry of Finance ordered all dubious checks to be turned in for clearance tallying the value of worthless checks at 91 billion (5) The final result of the worlds greatest speculative orgy was a loss equivalent to 90000 for every Kuwait man woman and child (3) and commerce slowing to a trickle The Kuwaiti government promptly shut down the Souk al-Manakh built a new stock exchange and started over again&lt;/p&gt;</description>
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                <media:title>Stock Prices during the Kuwait Souk Al Manakh</media:title>
                <media:description>Perhaps the greatest speculative mania of all time was Kuwaits Souk al-Manakh stock bubble in the early 1980s which is as fascinating as it was devastating The bull market began when investing in local Gulf Companies became in vogue with Kuwaitis who wished to ride the coattails of the oil-induced Middle Eastern economic boom A peculiar Kuwaiti custom allowed traders to pay for stocks using post-dated checks under the assumption that default would be unthinkable Unsurprisingly human avarice prevailed as some traders speculated in stocks paid for by billions of dollars worth of unsecured checks causing the stock market to inflate like a balloon and pop in a most analogous manner  n nThe rise in oil prices in the late 1970s created an unprecedented amount of wealth in the oil-rich Persian Gulf countries with Kuwait receiving a particularly large share of the good fortune As US stocks embarked down a perilous bear market Kuwaiti shares were experiencing a seemingly unstoppable bull run as nouveau riche Kuwaitis turned to stocks as an investment vehicle to store their wealth The bull market was abetted by the scarcity of Kuwaiti stocks which consisted of only a few dozen uninteresting companies that were traded on the official exchange (1) The scarcity was the result of the royal sheiks reluctance to grant the corporate charters necessary for companies to become publicly traded for fear that companies might become vehicles for stock speculation (2) Kuwaiti investors however werent concerned with risk as their collective memories recalled a market panic in 1976 and 1977 in which the government had moved in to support prices buying heavily for its own account so that nobody would suffer (1) These traders assumed that the government would always be on the sidelines ready to bail the market out if needed in the future in effect creating a floor underneath share prices  n nBy the summer of 1981 an unofficial over-the-counter stock market was formed called the Souk al-Manakh which started specializing in the trade of highly speculative unregulated non-Kuwaiti companies such as those incorporated in Bahrain or the United Arab Emirates (3) Formerly a camel trading venue (1) the Souks history was long intertwined with trading Not long after the Souks founding the market became a hotbed of speculation overflowing with portly gentlemen in flowing white gowns (thobes) with capacious pockets full of papers worry beads in one hand cigarette in the other (1) Interest in Kuwaits heavily-regulated official market dwindled as the Souk earned the reputation of being the more exciting of the two markets in which one could double their money within a few months Sharing more similarities with a casino than a stock market the Souk al-Manakh attracted wealthy high-rollers whose preferred method of trading entailed placing orders via car phones (1) Boredom during Ramadan spurred daily flurries of trading activity lasting well into midnight as a form of entertainment (1) n nSouk stocks were Gulf companies incorporated outside of Kuwait and not subject to Kuwaiti regulation with interests ranging from property to poultry farming (4) Fitting the markets gambling nature most of these companies were little more than shell games (2) with very little in the way of assets let alone earnings with only about half of the Manakh companies even publishing annual reports (1) Company fundamentals mattered very little however to traders who regularly saw these same stocks rising 20 to 50 percent a month (1) According to Collapse of the Souk:  Eventually the securities of fifty-four real and ficitious off-shore companies were traded on the Souk with no relation to company performances or prospects Most of these companies had been established as recently as 1979 or 1980 n nAdding fuel to the fire was the type of informal margin financing through the use of postdated checks which were accepted as a cash equivalent as per Kuwaiti custom This type of personal credit didnt require a bank balance the receiver hopes that there will be one when the due date rolls around (5) The Kuwaiti culture mandated that payment would be made as a default would have violated the tradition of trust (1) as well as caused a loss of face upon the entire family The rapid influx of speculative capital caused Kuwaiti stocks to skyrocket with Souk shares increasing by an average of 63 percent in 1981 (3) The prospect of nearly instant wealth proved too enticing causing many Souk players to draw against funds they didnt have convinced that they could simply sell off their shares to raise cash when the checks came due This type of speculation involved financial leverage which can greatly amplify any gains or losses in the underlying market Greed caused traders only to see themselves tripling their money as compared to the equally plausible scenario in which they could have incurred large debts resulting in bankruptcy Trading on the Souk epitomized financial Russian roulette Stock speculation fever gripped Kuwaiti culture as thousands of traders with little business experience rushed to get their hands on any stock they could find  n nAs the Souk al-Manakh market soared to incredible new heights many speculators became willing to issue postdated checks for double or triple a stocks purchase price confident that the share prices would rise by that much by the time they had to pay (1) An informal futures market arose in postdated checks as investors upon receiving their shares used them as collateral to borrow even more money for stock speculation The traders who received the double or triple-premium postdated checks in return for selling their stock then proceeded to discount the checks in return for cash that cash was then parlayed into an even larger stock investment (3) Like the tulip bulb mania and the South Sea bubble before it the Souk al-Manakh miracle was an illusion an inverted pyramid reliant upon share prices increasing exponentially for its continued existence  n nWord of the Souk al-Manakh money machine spread like wildfire around the Middle East causing wealthy Palestinians Egyptians and Pakistanis to purchase stock through Kuwaiti nominees as only Kuwaitis could trade legally Non-Kuwaitis were just as eager to invest despite their lack of legal standing At the booms peak in 1980-1981 some stocks were advancing 100 percent per month with some advancing ten-times One stock The Gulf Company for Industrial Development even advanced fifteenfold The combination of extreme stock gains and astronomical amounts of leverage made many speculators millionaires and billionaires many times over  n nThe IPO market flourished as enterprising and crafty business people sought to take advantage of the credulous investing publics insatiable appetite for shares of all kinds Scam companies were spawned overnight with neither customers nor products while legally escaping the regulation of Kuwaiti authorities One IPO example was formerly a failed 100 million real estate venture that was converted to a hospital called Gulf Medical and brought public by the individuals looking to recoup their initial investment So successful was the IPO that it was 2600 times oversubscribed where for a whole week one to two planeloads of completed subscription forms arrived daily from around the Middle East The investment bank hired forty Egyptian schoolteachers to process the stacks of paperwork Over the next few months Gulf Medical proceeded to to advance 800 percent garnering the owners a handsome profit (1)  n nShares of investment companies that invested in other Souk stocks were among the more popular types of stocks traded creating a large amount of overlap between stock opportunities as well as serving to inflate the market as whole Even more preposterous were the Fund of Funds of Funds-investment funds that specialized in investing in companies that invested in Manakh companies Each Manakh fund sold at large premiums over their assets (1) highlighting their sole purpose of making a quick profit at the expense of their investors n nThe height of the society-wide insanity occurred as eight individuals known as the Cavaliers floated a total of 55 billion in postdated checks seemingly in an attempt to corner the market The most prolific check writer of the Cavaliers was Jassim al-Mutawa a Passport Office employee in his early-twenties who managed to pass off 14 billion all by himself Sloppy accounting on the part of his brother and partner Najeeb al-Mutawa caused Jassim to become a staggering 34 billion overdrawn (1) According to Collapse of the Souk: n nEventually approximately 29000 checks -amounting to 93 billion -were estimated to have been written against the shares of companies that were for practical purposes worthless  n nEven government leaders werent immune to the stock speculation fever with members of the ruling al-Sabah party and members of Parliament trying their luck in the market It was even rumored that the Minister of Commerce Jassim al-Marzouk tried his hand in the market despite it being his responsibility to regulate it (1) n nThe vast pools of cash being pumped into the market resulted in over 35 billion shares having traded hands by early 1982 (4) with Kuwaits total market capitalization rocketing from 5 billion to an unsustainable 100 billion  (1) Despite Kuwaits miniscule size its market capitalization was the third highest in the world behind only the United States and Japan (2) By late 1982 share prices commonly doubled by the hour and no price was considered too high to pay for a share(4) Stories abound of outsiders questioning the Souk al-Manakh markets sustainability only to be dismissed with quips such as But things are different here Our government cant permit a collapse (1) and You Westerners have been coming here for five yearsyou all have predicted a crash Dont you understand there has never been a place on earth like the Gulf with such unprecedented wealth You will never understand that the Gulf market cannot crash (2) Just like in the tulip bulb mania the Mississippi Buble the South Sea Bubble the 1929 bubble the Nasdaq Bubble investors thought they were in a New Era The Kuwaiti version of the New Era stemmed from their taking for granted that the government would support share prices and the assumption that the Persian Gulf oil economy would keep soaring to even more spectacular heights  n nIn August of 1982 a female speculator presented one of Jassim al-Mutawas postdated checks for payment ahead of its due date catching him unable to pay his debts Within an instant the Souk al-Manakh house of cards imploded throwing hundreds of speculators into default Gulf Medical lost 98 percent of its value To make matters worse an overabundance of oil suppressed prices dropping Kuwaits 1982 oil revenues to only a quarter of those of 1980 Most devastating was the statement by Kuwaits new finance minister Abdelatif al-Hamad   indicating that he had no intention of supporting the market at the insane levels to which it had risen(1) preferring that  speculators should pay for their sins in accordance with Islamic tradition (3) The Souks decline was so instantaneous and dramatic that it couldnt even be considered a crash as there were simply no bids (2)  n nBy September 1982 the Ministry of Finance ordered all dubious checks to be turned in for clearance tallying the value of worthless checks at 91 billion (5) The final result of the worlds greatest speculative orgy was a loss equivalent to 90000 for every Kuwait man woman and child (3) and commerce slowing to a trickle The Kuwaiti government promptly shut down the Souk al-Manakh built a new stock exchange and started over again</media:description>
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            <pubDate>Thu, 5 Nov 2009 10:42:00 MST</pubDate>
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