"The history of mankind is the history of the debt, or what is the same, taxes," said Santiago Ruiz-Morales. Iago, as his friends call him, is an eminent economist who has spent decades collecting Madrid bonds and shares of bankrupt companies and countries. The list of stocks and bonds you own is long, almost as much as their nationalities covering and through them discover a part of history.
The passion of the older titles has a name: scripophily . His lovers get these rarities abroad and are nourished by specialized vendors. Most old documents looking to decorate their offices and collectors. Half of the collection of Ruiz-Morales are "gifts from friends" but the origin of the other half is confidential. We know that a few years ago it came to paying up to 20 thousand dollars under what title. Among the most sought after in the world are shares of English companies in the seventeenth century, as the East India Company.
The reason the value of these shares is the beauty and detail of his prints. In his experience, the more ornate less likely to arrived to pay.
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| title Lyonnesa Banana Co. Bluefields. |
To his credit is a title that caught my attention, the Company Bluefields Banana Lyonnesa founded in Lyon in 1913 as a limited company with capital of 1,500.000.00 francs, divided into 15 thousand shares of 100 francs each. Like most, the company failed and was never paid dividends to its owners. Hence the name Iago gives this type of failures: Necrophilia Financial.
By Rafael Beneyto, a great friend, I managed to contact me via e-mail to James who kindly wrote to say: " in the last fifteen years I have given lectures on the subject, I call on financial institutions and especially organizations "non-financial. Everyone understands and enjoys, and is left wondering . "
So I've been also thinking about the failure of banks and businesses in our country that ultimately defraud their customers and partners leaving thousands without jobs. King gringa company operating in Gulf Coast Caribbean is an example of this and nobody does anything. As the saying goes: do the Leon!
Ronald A. Hill
Hill
New Guinea, RAAS
Saturday, May 7, 2011 
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