If you are not familiar with Mr. Thomas Belesis, he is the Founder and Chief Executive Officer of John Thomas Financial Inc. He also starred in Wall Street: Money Never Sleeps (2010).
Hits and misses there, Palm Beach is not the new WS, yet many other cities have risen to prominence: in the US, notably SLC, UT, not so much NV, and in Asia, Singapore is beefing up. In the E.U, Ireland has a tax rate of only 12.5% explaining why so many businesses have rechristened their charter there.
BusinessWeek 2 months ago wrote up about the firm:
Notes:
[in their lower Manhattan's office]... speakers blast music from the “Rocky” movies.- Like that music
vending machine stocked solely with Red Bull-Like that, even if I don't drink it.
This week, the Financial Industry Regulatory Authority accused Belesis and John Thomas Financial of front-running customers’ trades in a penny stock called America West Resources Inc. (AWSRQ) The Securities and Exchange Commission last month accused Belesis and his firm of fraud in a separate matter. They have denied any wrongdoing and said they would defend themselves.
Bloomberg News piece: http://www.bloomberg.com/news/2013-04-18/wall-street-guys-always-make-t…
Maybe I'll keep my "Like" on Facebook only.
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