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Author: joystick Published: 1/23/2007 story views: 571
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and the two of them plus myself developed this present operation.”
The three producers sat there dumbfounded. Carl finally able to talk said, “My God what a movie or stage play that would make. If I didn't hear it from you directly, I would not believe it. I'm not sure I believe it even now.”
“Well whether you believe it or not, it is the truth. Like I said before, I just happened to be, the right guy, in the right place at the right time. That's the way The Arab/American Investment Club came about.” Joseph said. “Now what is it that I can do for you?”
“Joseph, you could let us in on the ground floor. Let us in on the action!”
“I don't know if there is any 'ground floor' to be let in on, yet. In any event, for now at least, two things would prevent that. Number one; as it is set up now all the investors have to be from the Arab community. Each new member must be voted into the club. I don't know if it will remain this way or not, however if you will give me your cards and if something does come up I will be more than happy to see that your names are put forth. After all,” Joseph said with a broad smile on his face, “I'm sure that Mr. Worthington and myself would be more than happy to let some business fall into the laps of the producers of Rich's next hit play. However for now the incorporation plans and by-laws of the club limits membership.”
“That's rather unfair. Isn't it?” the men asked.
“Perhaps so,” the soldier continued. “But by limiting membership to Muslims, it prevents the profits from going to non-Muslim causes. And that brings us to reason #2. You see gentlemen this is basically a religious corporation whose only reason for being is to raise money for Arab Charities. The money collected will be used to purchase income producing capitol, the profits of which will either be reinvested to produce more capitol, or will be dolled out to charities. It will operate just like all the other educational and religious endowments. Aside from small operating expenses all the profits will be turned over to selected Arab charities and causes. There will be no stock dividends as such. The investors would not want to see money being given away to rival religious groups without their approval.”
“But that's Un-American!”
“I beg to differ with you on that point.” Joseph said. “What religious charity allows its money to be invested in any other charity than its own. Would the Jewish or Christian charities permit its resources to be shared with others? Remember this is a Muslim group of investors and it wants to remain that way! At least for the present time the only non-Muslims involved are Mr. Worthington and myself. While Worthington Investments will not make much on this fund, it is hoped that the 'good will' generated by the fund will attract other Arab money into using Worthington's as their investment brokers. Mr. Worthington has offered to take a small percentage of his usual fees to cover expenses and perhaps make a small profit. As for myself, my expenses will be taken care of by a small salary, which will go towards the payment of my college education. We can only hope that if things go well, and the members begin to gain confidence in the 'American Way' that they