
07-01-2008, 05:04 PM
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Practice Makes Perfect
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Join Date: Oct 2006
Location: georgia state
Posts: 449
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From my notes on CUSIP and ISIN:
The ABA created CUSIP (Committee for Uniform Securities Identification Procedure) in the mid 60s to identify all securities using a nine digit code, which included a check digit. Issuer numbers were assigned to all corporate and government issuers of securities, called an issuer ID, which is usually identified by an issuer suffix of two digits.
The CUSIP board of Trustees controls this numbering system, while the administration of it is performed by Standard & Poor's CUSIP Services Bureau. For a hefty fee, they will assign a CUSIP number for newly created securities from an issuer. Most foreign countries have a similar situation for numbering securities.
The ISO controls a similar numbering system called ISIN, which is used by some countries like Germany and France, negating the need for a unique system within that country.
A CINS number (CUSIP for INternational Securities) can be assigned by the U.S. CUSIP bureau to non US securities. Many US computer systems will not accept a 12 digit ISIN, so a nine digit CINS is used instead.
Bloomberg and Reuters assign identifiers to securities as well, but this typically applies to things like Futures, which do not get ISINs or CUSIPs.
Information about requesting a CUSIP for a new issue can be obtained from the CUSIP Service Bureau. You may also refer to Part Four, Section 1(f) of the Purposes and Procedures Manual of the NAIC Securities Valuation Office for instructions on how to obtain a CUSIP number.
Fidelity says 999999816 is a TEST FUND with no coupon and no maturity date, but it pays annually.. a dividend maybe or maybe just for holding assets and trading internally or for holding or padding books...
RE: Formatting of CUSIP numbers, the base CUSIP (first 6 digits) denotes the issuer and the last three denote the type of instrument and a check digit, which is sometimes truncated for clearing and settlement.
Issuer numbers 990 to 999 and 99A to 99Z in each group of 1,000 numbers are reserved for internal use. This permits a user to assign an issuer number to any issuer which might be relevant to his holdings but which does not qualify for coverage under the CUSIP numbering system. Other issuer numbers (990000 to 999999 and 99000A to 99999Z) are also reserved for the user so that they may be assigned to non-security assets or to number miscellaneous internal assets
Would be nice to have a contact at Fidelity willing to do some research on a Bloomberg terminal.
Thom
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Blowing down the house of cards, one puff at a time.
Last edited by ThomPaine : 07-02-2008 at 09:12 PM.
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07-01-2008, 05:10 PM
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Mental Jujitsu
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Join Date: Sep 2006
Location: Ct
Posts: 534
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Quote:
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Fidelity says 999999816 is a TEST FUND with no coupon and no maturity date, but it pays annually.. a dividend maybe or maybe just for holding assets and trading internally or for holding or padding books...
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So that means it is actually a real fund, because every docket number goes back to the same CUSIP.
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07-01-2008, 05:25 PM
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Come and Get Some!
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Join Date: May 2007
Posts: 1,239
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you know its not really that surprising that the state deposits the accounts receivable with financial institutions, like any other business.
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07-01-2008, 08:38 PM
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Bloomberg Terminal
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Originally Posted by ThomPaine
From my notes on CUSIP and ISIN:
Would be nice to have a contact at Fidelity willing to do some research on a Bloomberg terminal.
Thom
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I was up until 2 years ago a series 7& 63 registered broker and still have access to a Bloomberg terminal. I would be more then happy to provide any information as long as you tell me specifically what to look for or get.
I got into some trouble with the law about a month ago or so and my research led me to this site. I am eternally grateful that I found it cause not only is it eye opening and educational but there are many people here that are willing to help each other. So I would like to do my part and help anyway I can. Just let me know where to start.
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07-01-2008, 08:43 PM
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Practice Makes Perfect
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Join Date: Oct 2006
Location: georgia state
Posts: 449
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its all commercial paper, guys and if someone at a big securities firm is willing to purchase your negotiable instruments for even a few cents on the dollar, you are just adding that much more in profit. If it is something like a court case or a traffic ticket where the loser pays a fine or penalties to the city or county, they are getting paid at least twice by selling this paper. If they are investing them, they could be getting paid many times over. In a large city like NY or ATL or LA, i can not imagine how much paper is generated on a yearly basis in traffic citations, court cases, building code violations, corporate fines, etc, etc, etc..
Thom
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Blowing down the house of cards, one puff at a time.
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07-02-2008, 05:53 AM
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Join Date: May 2005
Location: Colorado.
Posts: 6,318
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Originally Posted by aaronkukla
I was up until 2 years ago a series 7& 63 registered broker and still have access to a Bloomberg terminal. I would be more then happy to provide any information as long as you tell me specifically what to look for or get.
I got into some trouble with the law about a month ago or so and my research led me to this site. I am eternally grateful that I found it cause not only is it eye opening and educational but there are many people here that are willing to help each other. So I would like to do my part and help anyway I can. Just let me know where to start.
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There you have it; Thomas has implied he can document this papertrail several times over the past year. But this "Bloomberg terminal" may be the comprehensive evidence many of us would like to get.
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its all commercial paper, guys and if someone at a big securities firm is willing to purchase your negotiable instruments for even a few cents on the dollar, you are just adding that much more in profit. If it is something like a court case or a traffic ticket where the loser pays a fine or penalties to the city or county, they are getting paid at least twice by selling this paper...
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It looks like what we are looking for is a transaction - a buyer and a seller of a court fine or traffic fine being resold in a marketplace. The Strawman Redemption seems to have moved up to Canada lately - but those folks would love to see a birth certificate or SSN being offered and resold...
www.thinkfreeforums.org
Some speculate that one of the numbers, sometimes on the backside of a birth certificate is a tracking # of some type suitable for CUSIP. Speaking for myself, I do not believe any of these things are being resold. That would create a marketplace even more fragile than the Subprime Mortgage Crisis. - Where mortgage notes were bundled and subsequently lost in reselling scams.
Regards,
David Merrill.
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07-02-2008, 09:31 AM
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Unplugged
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Join Date: Jul 2006
Posts: 128
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Quote:
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Originally Posted by aaronkukla
I was up until 2 years ago a series 7& 63 registered broker and still have access to a Bloomberg terminal. I would be more then happy to provide any information as long as you tell me specifically what to look for or get.
I got into some trouble with the law about a month ago or so and my research led me to this site. I am eternally grateful that I found it cause not only is it eye opening and educational but there are many people here that are willing to help each other. So I would like to do my part and help anyway I can. Just let me know where to start.
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David made a good point we have not found any proof, but lets just imagine all these cases are being put into a {box} with them having all the same cusip #s then they take the contents of the box and borrow on the contents without selling or trading on the open market (the contents), then can use the borrowed money as they wish for what ever.
aaronkukla, What I am looking for is a specific name of the company holding this certain instrument linked to this case # trc 0603537 when I do a search it comes up as....Test Fidelity Fund , Symbol- FTESX, Cusip # 999999816, Bond Type SEMYE
I think if we could find the paper trail, it would, so to say, Blow them out of the water, if we all keep working together to get what we need maybe we can make this happen.
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07-02-2008, 03:15 PM
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Much of this thread sounds eerily close to the videos of Winston Shrout, Solutions in Commerce.
If you can find the bond numbers to tickets, cases and all... sounds like Shrout has some truth to his teachings.
Regards,
netwrkranger
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07-02-2008, 05:04 PM
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Mental Jujitsu
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Join Date: Sep 2006
Location: Ct
Posts: 534
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Quote:
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Originally Posted by netwrkranger
Much of this thread sounds eerily close to the videos of Winston Shrout, Solutions in Commerce.
If you can find the bond numbers to tickets, cases and all... sounds like Shrout has some truth to his teachings.
Regards,
netwrkranger
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I am still trying to get truth that they exist, so far I have the fact that any Docket Number (from Connecticut) I enter into the search (Civil Or Criminal) goes back to this listing;
Test Fidelity Fund , Symbol- FTESX, Cusip # 999999816
I still want to know more info from the "fund".
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07-02-2008, 05:08 PM
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Come and Get Some!
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Join Date: Oct 2007
Posts: 1,090
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Sounds like an opportunity to do some ranging, friendsplacect =D.
I continue to wonder how Shrout got his information. I'll have to do some more investigation when I get some time.
At the very least, it will be good mental gymnastics....
- netwrkranger
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