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Old 05-03-2008, 06:02 PM
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mytwopips mytwopips is offline
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Join Date: Mar 2008
Location: Huntsville, TX.
Posts: 1,171
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Ok a fun thread that I will participate in that I really don't know what I am talking about.

To be a bank... You have federal guidelines (maybe laws too) and state laws. You will need around a 1,000,000 for liquid, 500,000 bond, and 500,000 fees. Around 1.5 mil for real estate and building for just a basic small local bank.

To be a broker... username forexsaviour posted some good stuff in the brokers section. If I remember around 20 - 30 mil liquid and who knows about bonds and license.

To be a casino... I think around 70 mil liquid to make Nevada GC happy. Around 400 mil just to build a hotel that people would actually come to. Or do it like they do in small rural areas of Texas. You open up a small lease building and put the sheriff's department on the take. Then fill it up with about 20 - 30k's worth of one arm bandits. Run that thing until the Rangers show up and bust you. Go to court, get slapped on the wrist, then do it again.
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