Can a person accept money in Yahoo finance for selling an item?
I am wanting to buy something from someone in another state. He wants to conduct our business through Yahoo Finance. I am not familiar with this site and an hesitant to do this. Do I trust this person and give my money to a trust in Yahoo Finance for this seller?
Finance best answer:
Answer by Reena
You have reason to be skeptical.... Yahoo Finance does not conduct money transfers between people... It is just a site to get information about Finances.
This is Yahoo Finance:
http://finance.yahoo.com/
Finance
MML's Summer Minnick and Howell City Manager Shea Charles Testify on Municipal Bond FInancing
Image by Michigan Municipal League (MML)
The Michigan Senate Finance committee Thusday, Nov. 4, 2010 took testimony on a package of bills that the League has been pushing for a couple of years. The League's Summer Minnick, Director of State Affairs for the League, testified along with Shea Charles, City Manager of Howell and Chair of the League's Municipal Finance committee as well as Beach Hall, Mayor of Rogers City on the importance of these bills. The bills, HBs 5550 - 5554 would, generally speaking, allow local communities the opportunity to refinance existing non-voted debt in order to better handle challenging fiscal times. Many communties have expressed an interest in these bills and the committee hearing is a great step forward in this process. The bills have already passed the House. There was a substitute adopted that made minor changes to the approval process and we now are optimistic that the bills will be passed at the next Senate Finance committee next week. This is one of the League's lame duck priorities and we are hopeful we can get the legislature to provide some tools for struggling municipalities before the end of this session! For more about the League and what we do go to mml.org. For additional blog posts by Summer Minnick and other League staff go here: www.mml.org/advocacy/inside208
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