Day-trading called
gambling by a new name
___By Dwayne Hastings
___SBC Ethics & Religious Liberty Commission?
___NASHVILLE, Tenn. (BP) --The game doesn't involve rolling dice or dealing cards, but day-trading is gambling by any other name, a host of experts on the stock market say.
___Day-trading--the high-pressure avocation of Mark Barton, who killed his wife and two children and then nine people in two Atlanta investment firms July 29 before committing suicide--is the rapid-fire buying and selling of shares of stock to capture small upward ticks in stock prices, seizing quick and sizable financial gains.
Full Story
Arizona foundation in turmoil
___PHOENIX, Ariz.--Three top officials of the Baptist Foundation of Arizona have resigned in light of charges the agency violated state law by inadequately disclosing its financial condition to potential investors.
___According to state investigators, 13,000 individuals and an unknown number of churches have invested $483 million in the Foundation or its affiliates. State investigators say the investments haven't made money, and in fact there isn't enough money in the Foundation's accounts to cover people's investments, according to a report in the Arizona Republic newspaper last week.
Full Story
Blankets sought for Kosovars
___By Ken Camp
___Texas Baptist Communications
___Texas Baptists continue giving and going to help refugees returning to war-torn Kosovo.
___Texas Baptist Men and Woman's Missionary Union of Texas are asking churches and individuals across the state to
 |
Texas Baptists are being asked to help Kosovars like Vigan Dishoni survive the area's harsh winter.
|
help "blanket Kosovo with love."
___As part of a national effort spearheaded by Southern Baptists' International Mission Board, the state mission organizations are encouraging Texas Baptists in the next month to give financially to provide blankets for ethnic Albanians returning to Kosovo.
___Temperatures in Kosovo begin to drop drastically in October, noted Jim Brown, IMB human needs consultant. "We have only until mid-September to get a shipment off to Kosovo if it's going to get there in time to do any good. We need to respond immediately."
___Rather than incurring the expense of collecting, storing and transporting blankets from sites throughout Texas, Texas Baptist Men and Texas WMU are asking Texas Baptists to make financial gifts designated for the project..
Full Story

___This website makes use of Java, Javascript, tables and other features that may not be compatible with the AOL, Prodigy, Compuserve or other online service browsers. We recommend you use a third-party browser with advanced features. Netscape and Internet Explorer make these available for free download. |