A lot of the time, what happens is a "buyer" of instruments will ask for Full Bonding Power in their procedures. This is how the story goes. The supposed buyer is representing a "TRUST" or "FOUNDATION" and they cannot disclose the foundation or trust. So the buyer that is suppose to represent the entity, (which they all say they have trillions of dollars) will say these procedures have to be followed because they do not want to disclose the entity that has billions or trillions of dollars.
We understand that a representative may want to protect the identity of the REAL Buyer, but the red flag to watch out for is that the bank debentures NEED to be NO POF and in the procedures they will ask for fulling bonding power.
Now, ask yourself this question. Would you bond over your property to someone without them paying for it? The answer is an obvious NO! What is really going on here are two things. Ignorance and fishing for the real supply. No real seller will give full bonding power over to anyone unless they know they have the financial capability to do the deal.
Look at this way with a multi-million dollar instrument. If the selling entity gave the instrument to someone with full bonding power without paying for it what do you think they will do with it? It is a chance that no real seller is going to take - period! Not with all the scammers that are out in this world to take money. In reality when a "Buyer" is asking for Full Bonding Power" he/she is NOT the buyer. They do not have the funds. We all know that this is principal to principal business and a cash and carry business too.
So the next time you see Full Bonding Power you know that you are NOT dealing with the buyer even if they say they are. They aren't!
We have many things to teach at http://www.thejokerbrokers.com
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