Friday, November 4, 2011

The Asylum, The Renegades Who Hijacked the World's Oil Market

The Asylum is the story of how the defunct Maine potato market morphed into the worlds oil market - the place that sets world oil prices. It is the history of how this came about and the men and women who play the game in a very dog eat dog culture.
I remember several years ago watching Fox's Bill O'Reilly yelling at oil industry representative John D'Agostino. O'Reilly was maintaining that there is  surely a secret organization that sets the price of oil. My thought then was that O'Reilly reads too many Ludlum novels. D'Agostino tried to educate Bill on energy markets and how prices are determined, but of course Bill knew better. This exchange is part of the prologue to Leah McGrath Goodman's book on the New York Mercantile Exchange (Nymex),  which then moves on to more completely explain what D'Agostino could not.

If you are at all curious about how the price of oil is determined and the personalities that inhabit this world, then this is a read that will educate and entertain you. Goodman has been reporting on the industry for years and knows her material.

Tuesday, November 1, 2011

Michael Angelucci has been certified as a CFP®, Certified Financial Planner™

Lockport, NY 10/31/2011- Michael C. Angelucci, CFP®, (President) of Angelucci Wealth Management, LLC in Lockport, NY has been authorized by the Certified Financial Planner Board of Standards (CFP Board) to use the certification marks CFP®, Certified Financial Planner™ and CFP (with flame design)® in accordance with CFP Board certification and renewal requirements. Mr. Angelucci specializes in retirement planning and investment management.

These marks identify those individuals who have met the rigorous experience and ethical requirements of the CFP Board, have successfully completed financial planning coursework and have passed the CFP® Certification Examination covering the following areas: the financial planning process, risk management, investments, tax planning and management, retirement and employee benefits, and estate planning. CFP® certificants also agree to meet ongoing continuing education requirements and to uphold CFP Board’s Code of Ethics and Professional Responsibility, Rules of Conduct and Financial Planning Practice Standards.

CFP Board is a nonprofit certification organization with a mission to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for personal financial planning. CFP Board owns the certification marks CFP®, Certified Financial Planner™ and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete initial and ongoing certification requirements. CFP Board currently authorizes more than 61,000 individuals to use these marks in the United States. For more about CFP Board, visit www.CFP.net<http://www.CFP.net>.

For more about Michael and Angelucci Wealth Management visit: www.AWMfinancial.com<http://www.AWMfinancial.com>