Podcasts about Rollover

In the third episode of the PE Insight Series, Todd Taskey interviews eight private equity executives about the behavioral signs that reveal a founder's commitment to post-close growth beyond financial rollover. In this episode… Rollover equity may align incentives, but it doesn't always reveal whether a founder is truly ready for the next chapter. What signals do private equity investors look for when deciding if a founder is genuinely committed to building long-term value? Chad Scripps, Lee Minkoff, Larry Shagrin, Thomas Cooperrider, Stuart Coleman, Jamie Kennedy, Brian Shmidt, and Bill Sommerschield discuss founder commitment beyond financial rollover. With host Todd Taskey, they explain how founders signal real alignment, the importance of team exposure and succession planning, and how curiosity, candor, and growth planning shape investor confidence.

A single-vehicle rollover near the 18900 block of SE 20th Street at 2:20 a.m. left one person ejected and conscious, with the vehicle's rear suspended above the ground by a tree. Vancouver Fire controlled a natural gas leak while AMR transported the patient for further care. https://www.clarkcountytoday.com/community_news/single-vehicle-rollover-crash-results-in-injury-and-natural-gas-leak/ #VancouverFire #PublicSafety #ClarkCounty #TrafficSafety #NaturalGasLeak #Vancouver #WashingtonState #EmergencyResponse

After the terrifying rollover crash near Big White left a Kelowna family's dog, Daisy, missing in the wilderness, an extensive search involving volunteers and animal lovers ended with the kind of happy ending everyone was hoping for. Guests: Forest Kellerman: Member of Central Okanagan Search and Rescue. Dearah Jordan: Daisy's owner. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to another edition of View from the Pugh with Guy and Chris! This week, we are catching up on a massive wave of sports news and cultural shifts that have everyone talking. From the surprising details surrounding Tiger Woods to the launch of a new football league in Columbus, we are covering it all right here.In this episode, we tackle the heavy headlines first, looking into the recent Tiger Woods rollover crash in Florida and what it reveals about the pressures of being an icon. We also pay tribute to former Raiders center Barrett Robbins following the news of his passing at age 52. This leads into a vital conversation about mental health in sports and why our society needs a more holistic approach to support those struggling with invisible battles.Baseball fans will want to stick around as we discuss the Cleveland Guardians early season performance and the growing frustration with the fragmented world of sports streaming. Between Netflix, Apple TV plus, and Peacock, watching your favorite team has never been more complicated. We also dive into the Ohio State Pro Day highlights, the upcoming NFL Draft in Pittsburgh, and the debut of the UFL Columbus Aviators.Chapters0:00 Intro and Vacation Catch-up4:15 Tiger Woods Legal Issues and Accident8:30 The Impact of Fame and Personal Struggles12:00 Tiger Woods and the Road to Recovery16:15 Remembering Barrett Robbins and His Legacy20:45 A National Conversation on Mental Health24:30 Baseball is Back: Cleveland Guardians Update28:00 The Streaming Struggle for MLB Fans32:15 MLB Labor Issues and Salary Cap Talk36:00 Gas Prices and Economic Frustrations40:30 Ohio State Pro Day and Draft Prospects44:00 NFL Draft Logistics and Pittsburgh Traffic48:15 The UFL and Columbus Aviators Launch52:30 Final Thoughts and Wrap-upIf you enjoyed this discussion, please give this video a like and subscribe to the channel for our weekly check-ins! Feel free to share your thoughts in the comments about Tiger Woods, the Guardians, or the state of mental health in sports. You can also support our work by checking out the links in the description and following Chris's professional reporting at Cleveland.com.#TigerWoods #ClevelandGuardians #MentalHealth #OhioState #NFLDraft

#SafeMoney #JonHeischmanSr #SocialSecurityIncomeIn this week's episode, host Jon Heischman, Senior asks and answers the question, "is Social Security your missing link"; as part of your income retirement plan. Call Jon at (888) 426-0177 with questions, comments or to get a free copy of Top 10 IRA Mistakes and How to Avoid Tax Traps. Visit www.heischmanfs.com/ for additional information.

LA VERNIA — Preliminary investigation has led the La Vernia Police Department to cite wet road conditions as the reason for a rollover accident last Wednesday morning involving an armored vehicle. The accident occurred as thunderstorms rolled through the area in the wake of overnight storms. According to La Vernia police Sgt. Joshua Johnson, a Loomis armored truck was traveling eastbound on U.S. 87 near Wiseman Lane in La Vernia May 27 just after 9 a.m. when the driver braked and the vehicle hydroplaned on the wet highway. The vehicle “left the roadway, entered a ditch, and rolled over,” Johnson... Article Link

Next dates: June 4 - SVRVRV @ Cine Jussara, São Paulo June 20 - Balearic London Alfresco (Free Outdoor Day Party) @ CRATE Terrace, London July 11 - Balearic Beat x Balearic London @ 93 Feet East, London July 25 - Balearic London @ Margate Arts Club + Louie On Sea, Margate Follow me on Instagram Please turn a friend on to Turned On by giving this podcast a 5-star review, reposting it on Mixcloud or SoundCloud or sending it to a friend. Follow me on Songkick to receive alerts when I'm playing near you  Bookings: info@bengomori.com Discover more new music + exclusive premieres on our SoundCloud  Follow the Turned On Spotify playlist, with 1000s of tracks played on this show and in my sets. Turned On is powered by Inflyte – the world's fastest growing music promo platform. Tracklist: Cheapedits - Safar [Bonfido Disques] Ben Gomori - Inner Luv [Balearic London] Ben Gomori feat. Caio Cenci - Fun As Fk [Balearic London] Rollover DJs - Olé [Homies] Kiko Navarro, DJ Pippi & Willie Graff feat. QVLN & Pere Navarro - Llego La Hora (Main Mix) [Afroterraneo Music] Jetlag - Feels So Right (Axwell & BT's Essence Dub) [Soulfuric Trax] Janet Rushmore - Joy (Choice Mix) [4 To The Floor] Bogdan Ra - MAD DONNA [Bandcamp] UN*DEUX - USHA Summer [UNDEUXSTRIE] Carolyn - I Can't Get In (Mosque Mix) [Love International] Future Classic: Midland - Without Pause [Graded]

Sue admits to Big Hair and lots of perms. David says he didn’t have Big Hair but did have a perm – can you have a perm without big hair??? There’s quite a bit of Aussie slang and sayings – so many recorded by June Factor in her books … Far Out, Brussel Sprout!; All Right, Vegemite!; Unreal, Banana Peel!; Real Keen, Baked Bean! and Roll Over, Pavlova!. And Big Thanks to Karen for her courageous song choice after telling her perm horror story. Bravo! #EmbraceJOY Support this podcast. Donate to JOY -and/or- Become a member The post FNL – it’s a BIG HAIR show appeared first on Friday Night LIVE with David and Sue.

Thu, May 28 5:15 AM → 5:49 AM MVC no injury at S Henry and Duke St Radio Systems: - Alexandria VA

Hoy ponemos bajo el foco el tercer trabajo para el sello Black Top de una auténtica fiera del escenario: Guitar Shorty y su álbum "Roll Over, Baby". David Kearney, más conocido como el "chinorri de la guitarra" y discípulo directo del legendario Guitar Slim, nos entrega aquí su esencia más salvaje.

In this compilation program, Justin Klein and Luke Guerrero field a variety of finance and investment questions from callers across the United States and around the World.Today's Stocks & Topics: Precious Metals, Petrochemical Companies, Rollover 403b to Roth I-R-A, Preferred Stocks, Bitcoin, Investing Apps, Are We In Trouble?, Stock Valuation, Retirement, Alternative Investment: Groundfloor, Union Business Cycle, Buying Credit Cards Companies, 401/457 Plans, Roth I-R-A Contributions, Covered Call Strategy, SEPP-72t.Our Sponsors:* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai* Check out Quince: https://quince.com/invest* Check out Scribe and use my code scribe.how/invest for a great deal: https://scribe.comAdvertising Inquiries: https://redcircle.com/brands

Scott Wapner and the Investment Committee debate how to trade the rollover in momentum as the semi surge runs into some resistance.  Plus, the desk share their latest portfolio moves. And later, we hit the latest Calls of the Day.    Investment Committee Disclosures Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A brief look at financial markets with Bokor In the Morning brought to you by Steve Bokor at Ventum Financial Corp. a member of SIPC

Jim and Chris discuss listener emails on IRMAA appeals, Social Security survivor benefits, a Venn Diagram PSA, Roth IRA spousal rollover and the five-year rule, and Rollover IRA protections. (8:15) A listener asks whether their parents should appeal an IRMAA surcharge—triggered by a one-time annuity payout—on the basis of loss of pension income. (17:15) George asks how a serious health diagnosis may affect his Social Security strategy, including whether his wife should claim on her own record now and delay survivor benefits until he would have reached age 70. (35:30) A listener shares a Venn Diagram PSA 38:15) The guys hear from someone who used spousal rights to roll his late wife’s Roth 401k into his own Roth IRA, and wants to know whether doing so reset the five-year clock on her previously qualified funds. (54:00) Jim and Chris address whether the ERISA protections of 401k and 403b plans are reason enough to avoid rolling them into IRAs, and whether an umbrella insurance could offer additional Rollover IRA protections. The post IRMAA, Social Security, Roth 5-Year Rule, Rollover IRA Protections: Q&A #2619 appeared first on The Retirement and IRA Show.

Most federal employees are told to roll over their TSP when they retire, but that decision should start with a better question: What is this money supposed to do for you in retirement? In this episode, we break down common TSP rollover mistakes, IRA rollover considerations, tax treatment, withdrawal rules, and how a written retirement income plan can help federal employees make more informed decisions.Apply for Your Retirement Review: https://www.cdfinancial.org/fa93xi62eGet the digital book at no cost to you here: https://cdfinancial.org/being-a-federal-employee-in-the-era-of-trump-book/Checklist Challenge: https://cdfinancial.org/checklist-challenge/Newsletter: https://cdfinancial.com/newsletter

EDITORIAL: Criticism of Rollover Internet bill is misplaced | May 7, 2026Check out our Streaming Channel: https://streaming.manilatimes.net/Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribeVisit our website at [https://www.manilatimes.net](https://www.manilatimes.net/)Follow us:Facebook - https://tmt.ph/facebookInstagram - https://tmt.ph/instagramTwitter - https://tmt.ph/twitterDailyMotion - https://tmt.ph/dailymotionSubscribe to our Digital Edition - https://tmt.ph/digitalCheck out our Podcasts:Spotify - https://tmt.ph/spotifyApple Podcasts - https://tmt.ph/applepodcastsAmazon Music - https://tmt.ph/amazonmusicDeezer: https://tmt.ph/deezerStitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tunein#TheManilaTimes#VoiceOfTheTimes Hosted on Acast. See acast.com/privacy for more information.

On this episode, I'm digging into the ins and outs of in-plan Roth conversions. You'll learn what it means to convert pre-tax 401(k) dollars to a Roth 401(k), who is eligible, and why it might make sense for your retirement strategy. I cover the practical steps for making these conversions, and highlight the benefits and drawbacks. I also share a real-life example of how a client navigated her options to maximize her retirement savings.  You will want to hear this episode if you are interested in... [00:00] In-plan Roth conversions [01:51] What is an in-plan Roth conversion? [02:38] Eligibility for in-plan Roth conversions [04:48] Real-life story of after-tax contributions in a client's 401(k) [06:07] Convert after-tax contributions plus gains within the 401(k) plan to Roth 401(k) [08:38] Rolling over after-tax contributions and gains to IRAs outside 401(k) [10:21] Preventing funds from sitting in a money market account   The In-Plan Roth Conversion An in-plan Roth conversion allows participants to transfer funds from the traditional, pre-tax portion of their 401(k) into the after-tax Roth component of the same plan. This means you're taking money that has not yet been taxed and converting it into money that—after the conversion taxes are paid—will grow and can be withdrawn tax-free in retirement. This strategy is different from Roth IRA conversions, which involve moving money from a traditional IRA into a Roth IRA, often at the same financial institution. In-plan conversions, on the other hand, streamline the process by keeping all assets within your employer-sponsored 401(k), offering simplicity and potentially access to preferred investment options.   Who Should Consider an In-Plan Roth Conversion? In-plan Roth conversions can be especially valuable if you anticipate being in a lower tax bracket this year compared to future years, or if you want to build a tax-free income stream for retirement. Additionally, if you already have after-tax contributions in your 401(k), converting those funds can optimize your tax efficiency by ensuring that all future gains are tax-free.   Real-Life Example: Amy's Roth Conversion Journey Let's look at the example of "Amy," who worked with me to create a financial plan. Amy had been contributing after-tax money to her General Motors 401(k), accumulating $63,000 in after-tax contributions and $40,000 in gains.  Here's how her options played out: In-Plan Roth Conversion: Amy could have converted both her after-tax contributions and the gains to the Roth 401(k). However, the $40,000 in gains would be taxable in the year of conversion, amounting to roughly $10,500 in taxes, or 26%. This would put her on track for approximately $200,000 in Roth assets in 10 years, assuming market growth. Rollover to IRAs: Alternatively, Amy chose to roll her after-tax contributions to a Roth IRA and the gains to a traditional IRA. This strategy avoided immediate taxation on the $40,000 in gains. The after-tax funds would grow tax-free in the Roth IRA, and future conversions of the traditional IRA can be planned according to her tax situation. Amy's example highlights the importance of reviewing your plan's rules, weighing tax implications, and considering your long-term retirement goals.   Conversion Best Practices If you have after-tax contributions in your 401(k), now is the time to develop a plan. Consider converting these funds sooner rather than later to maximize the potential for tax-free compounding growth. Some plans allow automated conversions, but others require regular follow-ups with your provider. In-plan Roth conversions can be a powerful tool to improve your retirement outlook. By understanding your plan's rules, analyzing your current and future tax situations, and executing a smart conversion strategy, you can unlock significant tax advantages and peace of mind for your golden years. Resources Mentioned Retirement Readiness Review Subscribe to the Retire with Ryan YouTube Channel Download my entire book for FREE  Fidelity Charles Schwab Vanguard T. Rowe Price Connect With Morrissey Wealth Management  www.MorrisseyWealthManagement.com/contact Subscribe to Retire With Ryan  

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3545: Jeff Rose explains how rolling over a 401(k) into an IRA can expand your investment choices, streamline your finances, and give you more control over retirement income and tax strategy. His insights highlight how greater flexibility and consolidation can make managing long-term wealth far more efficient. It's a practical guide for making smarter decisions with old retirement accounts after a job change. Read along with the original article(s) here: https://www.goodfinancialcents.com/should-your-rollover-your-401k-into-an-ira/ Quotes to ponder: "First and foremost, you want more investment choices." "If you change jobs several times, why not consider consolidating and simplifying your life." "When it comes to retirement planning and income planning, the less that you have to pay upfront to Uncle Sam, the better." Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3545: Jeff Rose explains how rolling over a 401(k) into an IRA can expand your investment choices, streamline your finances, and give you more control over retirement income and tax strategy. His insights highlight how greater flexibility and consolidation can make managing long-term wealth far more efficient. It's a practical guide for making smarter decisions with old retirement accounts after a job change. Read along with the original article(s) here: https://www.goodfinancialcents.com/should-your-rollover-your-401k-into-an-ira/ Quotes to ponder: "First and foremost, you want more investment choices." "If you change jobs several times, why not consider consolidating and simplifying your life." "When it comes to retirement planning and income planning, the less that you have to pay upfront to Uncle Sam, the better." Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3545: Jeff Rose explains how rolling over a 401(k) into an IRA can expand your investment choices, streamline your finances, and give you more control over retirement income and tax strategy. His insights highlight how greater flexibility and consolidation can make managing long-term wealth far more efficient. It's a practical guide for making smarter decisions with old retirement accounts after a job change. Read along with the original article(s) here: https://www.goodfinancialcents.com/should-your-rollover-your-401k-into-an-ira/ Quotes to ponder: "First and foremost, you want more investment choices." "If you change jobs several times, why not consider consolidating and simplifying your life." "When it comes to retirement planning and income planning, the less that you have to pay upfront to Uncle Sam, the better." Learn more about your ad choices. Visit megaphone.fm/adchoices

1015.Are you guilty of leaving "orphan" retirement accounts behind at old jobs? In 2026, failing to manage these funds leads to fiscal drag and unnecessary fees. In this episode, Laura shares essential money management tips to help you rescue your old 401(k) or 403(b) and stop leaving money on the table.We cover the 2026 technical shifts you need to know, including the SECURE 2.0 Act "force-out" rules and how to practice financial gymnastics to keep your investments growing tax-free. Whether you're moving to a new employer or joining the creator economy with a side hustle, you'll learn the four best options for your old accounts—and the $30,000 mistake you must avoid.Upcoming Wedding Series Coming Up: We want your questions about wedding finances! Whether you're the bride, groom, or a guest, send us your questions about budgeting for the big day. Email: money@quickanddirtytips.com or leave a voicemail: (302) 364-0308.Money Girl is a Quick and Dirty Tips Podcast hosted by Laura Adams.Discover more from Money Girl!FacebookNewsletterTranscripts available at QuickandDirtyTips.com. Hosted on Acast. See acast.com/privacy for more information.

In this compilation program, Justin Klein and Luke Guerrero field a variety of finance and investment questions from callers across the United States and around the World.Today's Stocks & Topics: Precious Metals, Petrochemical Companies, Rollover 403b to Roth I-R-A, Preferred Stocks, Bitcoin, Investing Apps, Are We In Trouble?, Stock Valuation, Retirement, Alternative Investment: Groundfloor, Union Business Cycle, Buying Credit Cards Companies, 401/457 Plans, Roth I-R-A Contributions, Covered Call Strategy, SEPP-72t.Our Sponsors:* Check out Anthropic: https://claude.ai/invest* Check out Pebl: https://hipebl.ai* Check out Quince: https://quince.com/invest* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands

 "His friends and loved ones are worried things are going to get even more dreadful..Anyone would have trouble navigating the kind of pain he's experiencing without relying on drugs to get them through," the insider added.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Show Notes 0:00: With a LOT of Winter anime shows to discuss, Justin and Helen delve right into the news of the past few weeks, starting with…something weird! But also something very bad, as a manga based off a light novel series has been suspended because the artist decided to plagiarize, and it was egregious enough that the editorial department had to put out a statement about it. 2:32: Aniplex and Crunchyroll’s new anime production venture, HAYATE Inc, has acquired studio Lay-duce; Kageki Shojo!! author Kumiko Saiki was injured at a music festival she went to a few weeks ago, and we’re all hoping she’s ok, as the injuries could be serious (diagnosed with a sprained neck, getting a CT scan to check if her brain is bleeding) 7:09: George Morikawa will be on break due to his hospitalization a few weeks ago, so no Hajime no Ippo for a while; Tawawa on Monday will be on a two-month break and see a return to Kodansha's Weekly Young Magazine May 25. 7:51: The two hosts discuss the passing of manga creator Rakko due to heart failure, and the circumstances as well. Licenses 9:51: Yen Press has launched a new imprint: Avocado House! (Both hosts wonder how they came up with it). Appears they’ll be having strictly international novels for this imprint (to give them options + have a clear delineation from Yen On), and they’ve launched with the following works: Keigo Higashino's Laplace’s Witch Yūki Shasendō's Sickness unto Love Gyatei Murasaki's 1,000 Words Left to Live Aya Saitō's The Curse Called Mother, the Prison Called Daughter Haeyeon Jeong's The Place of the Flamingo Yen Press also had some announcements at their Sakuracon panel: Ryoko Kui’s The Dragon School Is Atop the Mountain Natsuki Takaya’s In Such a Small World Neruko Nichinichi’s Non and Akari Futa Kimura’s Fate Rewinder: All Great Feats Require Time Hikaru Sakurai, Tsuta Suzuki, & TYPE-MOON’s Fate/Prototype: Fragments of Sky Silver 21g & Tegekiken’s Elden Ring: Become Lord Mio Tatsumoto’s Meiji-Era Master-and-Servant Tungsten Pieta’s How to Keep a Human 14:18: After their April Fools’ Wonderful Wednesday event, Seven Seas made official announcements this time: Yoichi Sayonaka & Ryuta Yanagi's Gear × Magic: Reincarnated as an Engineer, I’ll Save the Villainous Princess (Airship) Ryūto & Heiro's The Faceless Mercenary Wants to Settle Down: Homestead at the Edge of the Galaxy (Airship, digital only) Yū Omiya, Yōhei Kazawa, & Ale's My Girlfriend Cheated on Me, and Now My Flirty Underclassman Won't Leave Me Alone manga Indosō, Yasuumi's Building a Monster Girl Harem with Forbidden Science (Ghost Ship) Yog Akase's Nono’s Phantom Shop 15:34: Dark Horse took the time to have a manga licensing event themselves, and here’s what they’ll be releasing this year: Rin Suzukawa’s Asobi Asobase Kenji Tsuruta’s Forget-me-not  Kouji Mori’s Suicide Island  Hiromasa Okujima’s Babanba Banban Vampire 17:00: A few more Manga Mavericks titles will be arriving this year; Alien Books will also have a couple titles coming this Fall season; We’ll have an audiobook version of The Apothecary Diaries sometime this year, but will it involve the English voice of Maomao? We shall soon see! 21:31: And finally, while not quite licenses, the two hosts talk about the now updated Bookwalker service, which both (especially Helen) tested as this episode was recording. She found some concerns. Justin also had concerns, but he had them before the podcast episode though! Streaming News 29:03: Not a bunch of streaming news this time, but the hosts had to note how awkward this streaming business can be see — see Ichijōma Mankitsu Gurashi!, which can be seen in a couple places…that also includes Rakuten VIKI. Rakuten VIKI? The drama service? Main Topic: Winter 2026 Final Impressions 31:54: Justin and Helen spend a bunch of time talking about what was ultimately a very strong Winter anime season. There were still lowlights (Roll Over and Die! [43:00] being one that needed a much better fate), but overall there was lots to be impressed by (Fate/Strange Fake, You and I Are Polar Opposites S1, Sentenced to be a Hero, Tamon’s B-Side to name a few). …Butttttt Journal with Witch (32:04) was clearly the best anime of the winter season. Did the hosts (especially Justin) do their best to make it seem like it wasn’t (1:42:12)? You can guess the answer is no! Weird News 1:58:20: There is joy in seeing a work you like get animated and then be either a massive success or moderately successful enough to get multiple sequels. But we live in a world where joy can be fleeting. And for Ascendance of a Bookworm and generative A.I. to be in the same sentence is not a fate you’d want to wish for most things! 2:05:58: Good ole’ mistranslation strikes again, as somehow a collaboration announcement involving Fate/Grand Order and Witch of the Holy Night…involves Madoka Magica? Thanks Grok! 2:07:07: Justin and Helen discuss Netflix, after repeated memes and coordinated attacks on all of their socials by JoJo fans, finally revealed a schedule for Steel Ball Run, which should slow things down…(probably not!); it was actually discussed in the Winter Final impressions section, but Justin had to also shout it here — if you call yourself a final season, that means final! Not an extra arc announced since it basically means it’s not a final season! 2:10:16: Generally speaking, for a franchise to get their work concluded in anime form is very special, so congratulations to the Date A Live franchise as it seems like the next anime project will presumably wrap the series up. But it’s now going to go onto its fifth studio in Fugaku, which is a lot of effort to get this series completed in anime form! 2:12:15: There’s a plan the Japanese Ministry of Economy, Trade and Industry has involving anime, manga, and games and how the overseas market will play a role in it — both hosts say good luck; a surprising error occurred on the Japanese digital side that stated DANDADAN would go on break for a month, but the editor announced it was a misprint. 2:13:55: Cute things are happening, and they involved Sailor Moon! First with Artemis II (yes, the one that just went into space) and Sailor Moon’s Artemis being spotted at the CAPCOM desk in Mission Control, and then with Hunter x Hunter creator Yoshihiro Togashi and Naoko Takeuchi combining for a drawing, which also has Artemis and also Kurapika and Sailor Mars in one image. If there’s anything you’d like to share, please feel free to reach out to us on Twitter (@TheOASG) or comment below with your thoughts! The post TheOASG Podcast Episode 241: Why Was The Winter Anime Season So Packed Edition appeared first on TheOASG.

The Otalku Cafe is open! Join Mat and Chris as they discuss the news that happened over at Anime Japan. The season is over as they review various finales such as Frieren, Oshi no Ko, Hells's Paradise, Journal with Witch, Trigun Stargaze, Jujutsu Kaisen, Kaya-chan Isn't Scary, To Your Eternity, Chitose is in the Ramune Bottle, Chained Solider, In the Clear Moonlit Dusk, Roll Over and Die, and Sentenced to be a Hero!You can also watch this episode in video form on the W2M Network Youtube Channel, please give us a like, comment on the episode, and give the channel a subscribe and follow as well: You can also watch this episode in video form on the W2M Network Youtube Channel, please give us a like, comment on the episode, and give the channel a subscribe and follow as well: https://youtube.com/live/5Wo8bQyoPoI

BRADY WELLER discusses the intricacies of QSBS rollovers, including eligibility, timing, and strategic planning for founders and investors. The goal is to help the listener maximize tax benefits and navigate the legal complexities of this powerful tool. https://youtu.be/gvQ0ZskvWVI QSBS, tax exemption, startup founders, rollover, legal structuring, investment strategy, tax planning, startup exit, C corporation, Key Topics QSBS eligibility and benefits Challenges in executing rollovers Legal and tax considerations for founders Timing and risk management in rollovers Strategic structuring for maximum benefit “QSBS ROLLOVERS” Sound Bites “60 days is a very short window for founders.” “Rollover continues your holding period clock.” “Partial rollovers are common for founders.” Chapters 00:00 Understanding QSBS and Its Benefits 03:07 Challenges for Founders in QSBS Compliance 05:54 Advising Founders on QSBS Rollovers 08:57 Structuring New Ventures for QSBS Eligibility 12:00 Navigating QSBS for Tech and Non-Tech Founders 14:54 Investor Considerations in QSBS Transactions 17:46 State-Specific QSBS Regulations and Planning 20:57 Future of QSBS and Strategic Planning Resources Brady Weller on LinkedIn qsbsrollover.com qsbsreference.com Frazer Rice and Michael Arlein discuss the nuts and bolts of 1202 QSBS Features for Founders Guest links LinkedIn Transcript Frazer Rice (00:01.314)Welcome aboard, Brady. Brady Weller (QSBS Rollover) (00:03.043)Hey, Frazer, thanks for having me. Frazer Rice (00:04.738)Well, you are the nice compliment to a piece I just did with Michael Arlene on QSBS. We covered some of the nuts and bolts around 1202. You come at it from a little bit different angle. It’s usually where people, founders especially, have issues sort of complying with things like the three and five year rule. And otherwise really maximizing the capability of the rollover and the tax significance for it. Tell us a little bit about who benefits and what you do here. Brady Weller (QSBS Rollover) (00:35.107)Yeah, QSBS is. by far the biggest tax exemption available to individual taxpayers in the U.S. So it’s been something that hasn’t been up. I should say there’s not a massive advisory network around it. So it’s not something that’s been taken advantage of, I think, to its full scope. Michael, who you had on recently, is a top trust and estate planner for founders of companies around QSBS. The specific problem that QSBS rollover solve is for a shareholder of an early stage company. Most often founders or very early investors, say, maybe series A or earlier shareholders. It’s an incentive to basically hold your stock for a quote unquote long time. In this sense, that means, you know, now under some new rules, basically three to five plus years. It’s a tax exemption available to folks who hold their stock for at least five years. Then they can exclude from federal income tax now up to $15 million of gains when they sell that stock. So you have to be a shareholder in an early stage C corporation, early stage company. Frazer Rice (01:50.616).Those founders before three to five years are trying to figure out how to use this tool. What are the challenges in making sure they don’t blow up the transaction by transferring something poorly. Or having their company grow too large or have too much cash or those types of things? Maybe list out a little bit some of the challenges that are out there that that a founder needs to be aware of. Brady Weller (QSBS Rollover) (02:22.509).Yeah. So we don’t have to constantly caveat. I’ll mainly talk as though we’re speaking about the pre July 5th, 2025 rules for QSPS. Anything, any stock issued after that date, middle of last year. is under a slightly different set of rules. They are more expanded rules, but I’ll speak to this sort of from those old rules. And so the old rules state that you have to hold your stock for at least five years. And if you do, you can exclude a large portion from federal income tax, usually $10 million for founders. But if you don’t hold the stock for five years, your only option is to take the cash from that sale. For example, say you sell stock at year three or year four, and purchase new QSBS eligible stock with that cash within 60 days. So it’s sort of like the 1031 exchange. Folks maybe are more familiar with real estate property exchanges. Its sort of like a 1031 exchange for stock. So you take the cash and you purchase a like kind quote unquote asset with it. Now the challenge with that is 60 days is not a very long time. And when you’re a founder of a company who just went through liquidity. You just got your deal done and the whirlwind that that is. Now you’re dealing maybe in a post liquidity world. You’re maybe running another team at the acquirer or you’re otherwise involved. 60 days is not a long time to be able to find and diligence a new opportunity. . It’s just not feasible. Especially for founders to use that cash to say buy stock in someone else’s company. It just doesn’t make sense. Like risk adjusted, I suppose. Frazer Rice (04:05.579)No, it’s a miracle that your company did great. Now you have to go and find another miracle and make it work within 60 days. It’s crazy. Brady Weller (QSBS Rollover) (04:10.143).That that’s the biggest that’s probably the biggest barrier to executing them. For the longest time there just weren’t a lot of people. They hadn’t come alongside founders to help advise them on structured ways that they could do these rollovers. Yeah, the options are risky. It’s like take your money and invest it in Dave’s startup in San Francisco. He’s going to lose your money. So that may be what you want to do with that money. To keep your risk profile sort of moving. But that’s not tax planning in any way. Right. To make that decision just to save on federal income tax might not be the best way to use your rollover. So we’ve seen it much more for angel investors, something that they might use. People who want to maybe have a lot of deal flow. A lot of investment opportunities in front of them. But they want to keep that risk profile moving. I’d say timing and risk are the two biggest challenges when you’re trying to execute a rollover. Frazer Rice (05:13.805).As a detail on that, you’ve got your company. You’ve got $10 million coming to you. Hopefully tax free, similar to a 1031. You don’t have to go into one company, you could go into a basket of companies. Brady Weller (QSBS Rollover) (05:28.579).Yeah, you could take the cash, say you make $10 million from a sale. You could pay taxes on $3 million of it, assuming you haven’t hit your five year requirement. Then, you could roll over the other seven in various other deals. You could put it all into one new company. What the rollover actually does is it continues your holding period clock from the last stock. So if you held for three years in your original company stock, You sell. You’re able to reinvest those proceeds within 60 days. It continues your holding period. Once you’re beyond a combined five the next liquidity event in the second company. Now you have proper seasoning on your shares, for lack of a better word, and then you can sell them under the QSPS exemption. Frazer Rice (06:17.143)So, this gets to what you do on a day-to-day basis. So a founder comes to you and says, all right, I’ve got this situation I think that’s coming. And I need some advice. You’re sort of letting them know what’s happening here. How do you advise them, in a sense, whether it’s through your company or even as a general matter? Do you have a suite of other founders and companies that are out there? And then… Maybe also similar to a 1031, is there sort of an intermediary function that needs to happen in order for the asset or the cash to go into sort of a, for lack of word, like an escrow account to then be deployed correctly into the eligible next company so that you keep that period going. Brady Weller (QSBS Rollover) (06:50.713)Boom. Brady Weller (QSBS Rollover) (07:05.839)That’s a good question. It’s not as formalized as the, you know, in terms of the 1031 world where there’s sort of a designated intermediary and that’s sort of required step in the process. This is very much the wire goes into your checking account for the sale of company A stock. Frazer Rice (07:11.703)Mm-hmm. Brady Weller (QSBS Rollover) (07:22.281)You send a wire back out to purchase stock in company B. When someone comes to us and is looking for guidance on how to do a rollover, sometimes they’ve talked to tax or trust in state attorneys already, or maybe they’re CPA. And there are maybe 50 folks in the US who have, I’d say, Frazer Rice (07:37.463)Sure. Brady Weller (QSBS Rollover) (07:45.07)I call it advanced QSPS planning knowledge, which is they have the trust planning strategies, rollover knowledge, all of these things that sort of at their disposal that they can speak to, but it’s a very small network. so our firm is actually the only non-CPA non-law firm in the country that deals directly with founders on these. And so we ended up kind of playing quarterback, connecting them with the right attorneys, maybe the right CPA, if they don’t have one to make sure that the team is sort of assembled. You know, because the risk profile of taking your money and investing in someone else’s company typically doesn’t align with most founders’ interests at that time, the service that we provide is helping them to roll that money into a new startup of their own. We think these founder-led rollovers where the founder or the shareholder who sold their original stock can now direct the proceeds into a new entity that they own and control. It’s a really great way to execute this. It gives the shareholder, the founder the optimal amount of flexibility and control over the proceeds over time. So they can handle their own risk profile. Frazer Rice (08:57.921)So for the founder who built their business originally, they sell it and you’re sort of with them along the way to roll it over into another founder led situation. Are there any mechanics that you help with to sort of ensure that that takes place correctly? There’s so many, it seems like so many tiger traps along the way that you can stick your foot in and you did every, your intent was there, but maybe you did something weird or incorrect. Brady Weller (QSBS Rollover) (09:26.617)Yeah. Frazer Rice (09:26.721)Maybe a better way to ask this question is what are the things in that receiving new QSBS rollover do you want to see or a founder should make sure they have in place before they go ahead and pull the trigger? Brady Weller (QSBS Rollover) (09:41.904)We want to make sure it’s a C corporation. First of all, a lot of times when founders start their first companies, they just, you know, incorporate an LLC somewhere and start doing business. A lot of times there’s not even, maybe there’s, you know, two or $3,000 transferred to a checking account, you know, from their personal to their checking. That’s how you start most businesses. But when you’re, when you’re starting a rollover business, we have to see a couple other things. One is we want to make sure it’s a C corp from day one. Frazer Rice (09:58.989)Right. Brady Weller (QSBS Rollover) (10:09.123)You know, it’s okay if it’s a single owner C Corp where the founders, the, you know, only board member, only director. It’s, you know, it’s your entity. That’s fine. but we also want to see a purchase agreement, some kind of stock purchase agreement. So you can’t just transfer money from your chase savings account where the wire landed to the new business account and, know, go on about, about the business. we want to see a stock purchase agreement. And so some of those agreements, and the optimal way to do those for sort of the, the, the long run. Sometimes, we would obviously we have our template docs in ways that we might advise to do it. But very often we refer that out to legal counsel and coordinate there to make sure that just all the purchase agreements and governance docs and those types of things are in a good place. You know, it’s really making sure we have the purchase agreements and that the money gets moved to the corporate bank account, the new business bank account within 60 days. It’s really not a long period of time. And we run into a lot of situations where If someone’s not kind of quarterbacking the process, deadlines get away quickly and then administrative issues with a bank might push you beyond the 60 day window. We’ve seen that a few times and it can obviously cost you a lot of money. Frazer Rice (11:24.468)The, when you get to a point where the next business that this is going into, often the qualifications of being a QSBS eligible business can be a little bit murky. I’m thinking healthcare for instance, where like a hospital or that type of thing would traditionally probably not be a QSBS situation, but a healthcare service provider or a biotech company or something like that is. Brady Weller (QSBS Rollover) (11:46.937)Yeah. Frazer Rice (11:51.029)Do you help founders think about that? in many ways, there’s sort of the which came first, the idea for the company or the company itself. How do you make sure people stay on all fours on that front? Brady Weller (QSBS Rollover) (12:00.56)Yeah. Yeah, I if you build a startup before, know that the ideas in the early stage sometimes are extremely malleable. And when you start testing things in the market, the business very often changes. You know, we majority work with tech founders and that’s not because, you know, QSBS is well suited for tech. I think a lot of people think that to be QSBS, to be a technology company. That’s not true. It’s just that we most often see QSBS. We run into people who are knowledgeable about QSBS in the venture space. So venture backed start up, like traditional startup businesses, has 80 % plus of those companies are tech businesses. And then the other 20 % is manufacturing, biotech, life science, e-commerce, those types of things. But majority of people that we do these transaction with are in tech. And so by virtue of that, their rollover business ends up being, most of the time, ideas that they have are tech adjacent. So that’s a great place to be. I’d say some things to avoid. What we hear often people coming to us wanting to roll over into real estate in some way or another. And there are ways that the business that you start as part of a QSPS roll over can hold real estate assets long term, depending on the business type. But you have to be really careful there not to, in the eyes of the IRS, look like a real estate holding company or have too much of your assets tied up in sort of like passive real estate holdings. And so I’d say that’s the murkiest stuff that we run into. Brady Weller (QSBS Rollover) (13:37.822).Most of the businesses that we are helping founders start and grow as part of a QSPS rollover are B2B or B2C tech. Either web applications or mobile applications, e-commerce stores. We have a few hardware sort of based companies or like very physical product based companies as well. Frazer Rice (13:58.431)For a lot of tech founders, the idea of taking some money off the table is important. And I would think that maybe partial QSPS situations come up. This isn’t an all or nothing thing. You can take some money off the table and then allocate other parts, maybe half off and then the other half you can roll into the next company. Brady Weller (QSBS Rollover) (14:14.137)Yeah. Brady Weller (QSBS Rollover) (14:18.798)I’d say an extremely common situation that we see is maybe a founder. in New York who is raising maybe a Series B, call it a 50 or $60 million Series B. We saw a lot of these size rounds with the AI kind of boom happening and might be an opportunity to take, you know, four to $6 million off the table as secondary at that stage in the company’s growth. so you have this founder who just got $5 million wired to their bank account, maybe their first money. They’ve been renting in a condo or apartment in the city and they’re still very much like in high growth stage with company so they don’t have a lot of bandwidth to run a new business. And so they’ll really try and de-risk themselves. That is, maybe pay taxes on a million, a million and a half, give themselves a cushion right away, maybe buy a condo or you know whatever, stabilize their life just a bit and roll over the other four, three and a half million, you know, and manage a project on the side that way. That’s a really common situation we see. Frazer Rice (15:19.624)For investors who are invested in a lot of different things and maybe you know, they’ve got six or seven companies that are QSBS eligible and they are sort of rolling the dice on that and sort of picking and choosing which one should go into which that type of thing What’s different about it from an investor standpoint than from an operator standpoint? Brady Weller (QSBS Rollover) (15:43.758)Yeah, I think the biggest thing investors have to pay attention to is if you receive a distribution that isn’t QSPS eligible because of holding period, you cannot just take that money and invest it back into a venture fund. and call that a rollover. The money can go into a venture fund, but that capital also has to be called and deployed into, an investment from that fund. Meaning you can’t just invest in the, in the partnership at the partnership level in a venture fund and it’s sit there undeployed and be eligible for QSBS. It actually has to be fully deployed into target, target opportunities within 60 days. So that’s something that I think that we’ve run into a couple of times with, with investors is they think, I’ll just, know, Fund2 is open at, you know, XYZ firm. I’ll just roll the money over there. But it does have to be deployed still within that 60 day window. So that’s something that we hear a lot of. You know, if you’re an investor, I would keep, you know, you don’t always have the perfect deal ready at the right time. But keeping good relationships with the founders that… you’re partnering with, you know, you never know when someone might be able to open up a tranche on the side or sell some secondary to you. if you’re trying to still get access to that deal sort of outside of a normal round. Frazer Rice (17:07.445)So for the companies that are in your orbit, obviously you’re probably checking in saying, hey, you didn’t do anything to blow up your QSBS status. But for the companies that aren’t that way, and let’s say you’re a founder and you’ve got a nice situation where you’re able to take some money off the table and maybe put it into. one of the things that your friends put together or something like that. How do you think about a checklist or what are the questions to ask to make sure that the recipient investor or recipient of the investment is QSBS eligible and will sort of stick to it? Brady Weller (QSBS Rollover) (17:46.48)Yeah, you want to ensure first that the company is small enough. so under the old rules that I mentioned, the company would have to have less than $50 million of gross assets. A really great proxy for that is just how much has that company raised? You know, if you’re trying to invest in a company and they’ve raised $120 million, it’s very likely that they have at some point blown the asset test and they’re not issuing QSPS anymore. It’s very, it’s not always, but it’s very possible. A lot of people confuse that test for valuation. which is a mistake, you could have a billion dollar company in terms of market value, you know, with only 20 or 25 million dollars worth of assets on the balance sheet. It is possible, especially in some of these high multiple high growth tech businesses. And so, yeah, not confusing valuation with gross assets is one thing to pay attention to. the other is ensuring just that the company is a C corp, especially for early stage investors. I’m talking like first money in, maybe before, you know, pre seed or pre seed, would say, ensuring that the right structuring is in place such that, know, you’re getting stock issued directly from a C corporation at that time you’re investing. So I would say that’s something to worry about more if you’re, you know, an angel. who does a lot of sort of direct sourcing of deals and you’re not going through a fund. Most of the time, if someone’s raised capital directly from a venture fund, all the paperwork and things that you’re going to look for as far as QSPS are going to be in place, because most VCs are pretty well acquainted at this point with, hey, let’s make sure this is eligible before we get in here. Frazer Rice (19:27.913)Right. And just to distinguish, an LLC that elects to be taxed as a C Corp versus a C Corp, C Corp, is there any distinction there for our listeners? Brady Weller (QSBS Rollover) (19:39.673)Yes. Generally, we would say as long as the LLC has made that C-Corp election before issuing more at that stage, guess, membership units of stock, as long as they’ve made that C-Corp election prior to issuing the stock, then we feel generally good about it. But yeah, an LLC, it’s an entity structure whose default taxation is as a pass-through, but an LLC can also be taxed as a C-Corp and can issue quote unquote QSBS eligible shares. or units as well, so it is possible. Frazer Rice (20:12.683)I was gonna say, so for the listeners out there, C-Corp doesn’t just mean C-Corp, but the real operative language is that it’s taxed as a C-Corp component, and that should be part of your checklist as you go down the list of companies to potentially roll into. So for those people who aren’t exactly founders, but maybe are investors or otherwise part of businesses that they’ve been included in, et cetera. Those non-venture-backed businesses, what are the opportunities there for QSBS and then the ability to roll it over into other things? Brady Weller (QSBS Rollover) (20:48.708)Yeah, I would say it’s very rare that we see a non-venture-backed business in between the coasts, I’ll say, right? Like not one of these like kind of like call them coastal elite tech businesses. I’m talking about your like legacy family business in, you know, North Carolina. Frazer Rice (20:59.488)I mean… Brady Weller (QSBS Rollover) (21:11.856)Most of the time we’re going to see those as pass-throughs or partnerships, maybe like an S-Corp. You would see that type of structure and those businesses, while they could be amazing businesses, the interest in them isn’t QSPS eligible because it has to be issued from a C-Corporation. Most of the time, the planning opportunity we see with those types of businesses is around the time of maybe a generational transition or other type of transition planning where Maybe the children take over from the parents and they establish a plan. Hey, we’re going to take it over, but we want to plan to sell maybe the next five to seven years. I hear this a lot. And opportunity. If you are in an industry in a sector where stock sales are common in the industry for exiting the businesses, changing, electing to be treated as a C Corp or restructuring to a C Corporation from one of those pass through structures is an opportunity because you could sort of reorganize, reissue stock, now start your QSBS five year time clock. And, you know, hopefully the business keeps doing well and you can have that exit opportunity down the line. And at that point, take advantage of QSBS. Again, the thing you want to pay attention to is that you actually be able to do a stock sale at that time because QSBS requires a sale of stock, not an asset sale. And so that’s a really important distinction. So make sure either that you’re in an industry where that’s common or you’re working with counsel who understands what you’re trying to accomplish before you make those decisions about how you’re setting your entity up at that stage. Frazer Rice (22:41.353)Right. Frazer Rice (22:56.758)I just have a comment for me with the passage of the new law that we sort of alluded to where previously you really didn’t start thinking about this until fully five years. The new law, people can start thinking about it within three. You get 50 % of the benefit of the exclusion at three years. Brady Weller (QSBS Rollover) (23:08.282)Mm-hmm. Frazer Rice (23:15.21)And I’ve run into people where three years suddenly seems like a short amount of time, whereas five years, I think everyone was sort of like, we’ll get there eventually. you know, they’re they’re they’re fighting for their survival anyway. And if that happens to work terrific in this case, I think that the law moving the timeline up a little bit has had an interesting impact on those conversion discussions, because I think people are now starting to say, hey, you know what? I can get to three years. And, you know, with the speed at the and the rate at which things change at this point, it’s much more realistic than I think it might have been going back in time. Brady Weller (QSBS Rollover) (23:50.896)And if you have a stable business where you feel comfortable making projections, say three years out, so to what that business could look like at that time, it’s really becoming more common now to do what you’re calling like choice of entity studies, right? So working with someone who can model out with the difference in taxation, both at the company level and at the point of. Frazer Rice (24:05.482)Mm-hmm. Brady Weller (QSBS Rollover) (24:15.276)selling stock, what the optimal structure may be depending on your time horizon tax it, your expectations for growth or lack thereof. So that’s something that some valuation firms, business advisories, some law firms or CPA tax advisories may be able to do. If you’re in that situation, you’re trying to figure out, hey, what’s the math look like based on my baseline assumptions of what this business will be and can help you sort of make those decisions about how to plan. over the next three to seven years. Frazer Rice (24:47.402)As part of that reorganization too, I’ve talked to a few people who are in, let’s call it personality-based businesses, whether they’re podcasters or influencers or other types of things that are a little bit adjacent to maybe typical software companies. And I’ve brought up the notion that you may be disqualified now, but you may have a future growth opportunity within your business to make it fall more in line with a QSBS-defined business. And so, you if you’ve got the time and the ability and it makes a business sense, it may make sense to start thinking about either sectioning that off or developing that business line for something a little bit later on. Brady Weller (QSBS Rollover) (25:27.95)Yeah, being strategic about where those adjacent businesses, how they’re structured and where they’re built. And I mean, where like in terms of a legal entity level sense, I’m thinking about, for instance, several golf YouTubers, make a lot of golf content online, but now they’re announcing partnerships to, you know, design clothing, you know, have their own clothing line, or maybe they’ve entered a, a joint venture with a golf club maker or maybe an emerging brand and they’re taking equity. Frazer Rice (25:41.983)Mm-hmm. Brady Weller (QSBS Rollover) (25:57.826)Those are really interesting options and I think that you still have the opportunity to leverage your personal brand to grow that business but separating them out so that you know your reliance on your personal brand doesn’t ruin QSBS. That’s actually getting to one of the rules around qualified small business stock which is that the companies can’t be based on the skill or reputation of a single person. And so that’s when we think about Frazer Rice (26:24.938)Mm-hmm. Brady Weller (QSBS Rollover) (26:27.632)Like entertainers, athletes, social media personalities. MrBeast, for instance, couldn’t sell MrBeast, the YouTube channel necessarily, as QSBS eligible interest because of that rule more than likely. And that’s obviously a broad brush, paying attention to where you hold your business interests is important for this if you’re in that space. Frazer Rice (26:53.5)Any state thoughts? I know California QSBS is uncoupled from the federal QSBS and New York threatened it and apparently that got knocked down. New Jersey just coupled with the federal government so that people weren’t scared away from doing that. How does that figure into your analysis? Brady Weller (QSBS Rollover) (27:04.304)you Yeah. Brady Weller (QSBS Rollover) (27:12.784)It’s sort of a battle of the coast. It’s like which coast of the United States is going to be most investor and founder friendly with relation to these things. Yeah, because California hasn’t followed it for a long time. Oregon and Washington state are close behind there. And then we have the sort of somewhat the opposite happening on the East Coast. So as an East Coast guy, I hope it becomes a hub. But yeah, there is some sort of. Frazer Rice (27:19.528)Right. Brady Weller (QSBS Rollover) (27:36.388)you know, state and local tax planning, strategic planning that you might be able to do if you have the foresight and, you know, the right data to determine where you might become a resident or taxpayer prior to an exit. You might talk with a. assault attorney or assault advisor state and local tax is usually tax advisors CPAs or or tax attorneys who can help you think through Hey, does it make a difference whether or not I move from California to Texas? What does that look like for my family? What does that look like for my post-tax exit situation? because where the company is headquartered, as long as it’s in the United States, doesn’t matter for QSPS, just has to be a domestic USC corporation. And so remembering that QSPS is fundamentally an individual taxpayer incentive means that regardless of where the shareholders are located, you’re gonna be beholden to that specific state of where you live and their roles around QSPS. Frazer Rice (28:36.906)Terrific stuff. Brady, we’re winding down here. How do people find you and your company and any sort of parting thoughts? Brady Weller (QSBS Rollover) (28:44.516)Yeah, I’m personally very active on LinkedIn. So you can find me there, Brady Weller and our website, qsbsrollover.com. We also have a sort of an open source QSBS advisory referral site called qsbsreference.com. And so you can find us at either of those places. We’d be happy to help you out and point you in the right direction. Frazer Rice (29:05.13)Brady, thanks for being on. Brady Weller (QSBS Rollover) (29:06.874)Thanks, Frazier, appreciate it. Keywords QSBS, tax exemption, startup founders, rollover, legal structuring, investment strategy, tax planning, startup exit, C corporation, legal advice Titles Mastering QSBS Rollovers: Strategies for Founders and Investors The Ultimate Guide to QSBS Tax Exemptions and Rollovers https://www.amazon.com/Wealth-Actually-Intelligent-Decision-Making-1-ebook/dp/B07FPQJJQT/

In this compilation program, Justin Klein and Luke Guerrero field a variety of finance and investment questions from callers across the United States and around the World.Today's Stocks & Topics: Precious Metals, Petrochemical Companies, Rollover 403b to Roth I-R-A, Preferred Stocks, Bitcoin, Investing Apps, Are We In Trouble?, Stock Valuation, Retirement, Alternative Investment: Groundfloor, Union Business Cycle, Buying Credit Cards Companies, 401/457 Plans, Roth I-R-A Contributions, Covered Call Strategy, SEPP-72t.Introducing our Third Annual InvestTalk Market Madness! Join the mayhem before May 18th at 11:59 pm PST for the chance to win $1,500! Fill out your bracket below: https://kppfinancial.com/investtalk-madnessOur Sponsors:* Check out Anthropic: https://claude.ai/invest* Check out Pebl: https://hipebl.ai* Check out Quince: https://quince.com/invest* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands

 **Tiger Woods Arrested for DUI After Rollover Crash**Tiger Woods attempted to explain his rollover crash to responding officers, claiming he was "distracted," but they quickly suspected he was under the influence. **The Incident**Woods, driving his Range Rover on a narrow two-lane road near his home, collided with a trailer being towed by a truck, resulting in his vehicle rolling onto the driver's side.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Tiger Woods Confesses He Was 'Talking to President Trump' On The Phone After Horrific Rollover Car Crash in Florida - Just Moments Before He Was Arrested for DUIAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

AP's Lisa Dwyer reports that authorities have released bodycam footage of the moment that Tiger Woods was arrested for Driving Under the Influence.

Robert Chilcote was ordered today to stand trial for allegedly killing his girlfriend, Gabriella Cartagena.See omnystudio.com/listener for privacy information.

-News broke last Friday that Tiger Woods had been involved in a rollover crash in Florida, and despite blowing 0.00 in abreathalyzer---he was issued a DUI, as Deputy Tatiana Levenar described Tiger as “sweating profusely” with “lethargic andslow” movements.” Woods claimed that he was driving home from Jupiter and on his phone and didn't see a truck ahead ofhim slowing down-Two white hydrocodone pills were found in Woods' pockets and he had bloodshot eyes when picked up…Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

See omnystudio.com/listener for privacy information.

ALSO: WNBA Star Caitlyn Clark Celebrates New League Agreement... Purdue Loses Final Four Quest Against ArizonaSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Andy, Brendan, and Kevin Van Valkenburg react to Tiger Woods's arrest for DUI after a rollover car crash in Jupiter, Florida on Friday. They discuss the arrest, the public reaction, the media's responsibility for the current Tiger arc, and Tiger's future - whether it be at next week's Masters, his role on the PGA Tour's Future Competitions Committee or beyond.

(0:00) The second hour of the show opens with the guys giving thoughts on the MLB and their streaming services this season. Plus, the callers give their thoughts on an Agenda Free Friday. (13:06) Resetting thoughts on the ABS system in baseball and how it operated on Opening Day yesterday. (25:10) Reacting to the news that Tiger Woods was involved in a rollover crash in Jupiter, Florida on Friday afternoon. (33:30) A Lightning Round of callers on Agenda Free Friday! See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

D&P Highlight: Learning more after Tiger Woods was involved in a rollover crash. He is now charged with DUI. full 617 Fri, 27 Mar 2026 18:57:00 +0000 ojco2f8N4kWSfA6wtVe2LpuP0jDbVbcS news The Dana & Parks Podcast news D&P Highlight: Learning more after Tiger Woods was involved in a rollover crash. He is now charged with DUI. You wanted it... Now here it is! Listen to each hour of the Dana & Parks Show whenever and wherever you want! © 2025 Audacy, Inc. News False

The Drive reacted to the breaking news that Tiger Woods was arrested for a DUI following a car accident in Florida.

Chad jumps into Swift Takes! to open the hour which concludes with the breaking news of a rollover accident in Florida involving Tiger Woods.

WDAY First News anchors Lisa Budeau, Scott Engen and Lydia Blume break down your regional news and weather for Wednesday, March 25. InForum Minute is produced by Forum Communications and brought to you by reporters from The Forum of Fargo-Moorhead and WDAY TV. Visit https://www.inforum.com/subscribe to subscribe.

#ThisMorning | How to #Rollover Your #401k (or #403b or #457b) to an #IRA | Ben Norquist, Convergent Retirement Plan Solutions | #Tunein: broadcastretirementnetwork.com #Aging, #Finance, #Lifestyle, #Privacy, #Retirement, #wellness

Doug McCormick, Managing Partner at HCI Equity Partners, and Lloyd Metz, Partner at ICV Partners, join BluWave's Sean Mooney to explain why rollover equity sits at the center of private equity dealmaking. They break down the mechanics, tax advantages, and alignment dynamics that allow founders to take liquidity while remaining invested in future growth. The discussion also explores signaling, governance rights, and why investors pay close attention to how much an owner chooses to reinvest. If you want to understand why rollover equity drives many of the best outcomes in private equity, hit play.Episode Highlights1:41 - What rollover equity means and why founders keep ownership after a sale4:19 - Why private equity firms want management teams to reinvest6:43 - The mechanics of tax-efficient rollover structures10:27 - The compounding power of tax deferral in rollover investments17:19 - Why founders often start playing defense before a transaction21:28 - The signaling effect of how much equity an owner reinvests32:02 - Creating wealth for management teams through equity participationFor more information on the podcast, visit bestbutneverfinal.buzzsprout.com and embark on your journey to private equity excellence today.Visit us on LinkedIn at https://www.linkedin.com/company/best-but-never-final-podcast/Visit us on Instagram at https://www.instagram.com/bestbutneverfinal/For information on HCI Equity Partners, go to https://www.hciequity.comFor information on ICV Partners, go to https://www.icvpartners.comFor information on BluWave, go to https://www.bluwave.net

Retirement planning isn't one decision—it's a series of trade-offs shaped by rules, markets, and real life. In this episode of the Money Matters Podcast, Wes Moss and Christa DiBiase address listener questions and frame timely retirement, tax, and investment topics in a balanced, long-term context designed to inform—not predict—financial outcomes. • Clarify how TSP protections, RMD rules, and post-retirement investment options interact, and compare staying in the TSP versus rolling to a provider when evaluating fees, Roth conversions, and flexibility. • Evaluate UTMA vs. UGMA accounts for children, including tax treatment, ownership control, and potential financial aid implications. • Reassess the 4% withdrawal rule of thumb, consider adjustments if you own your home outright, and apply the 25X framework when estimating retirement income needs. • Analyze high-yield bond ETFs within a diversified allocation by reviewing risk, yield characteristics, and how they differ from traditional bonds. • Examine whether keeping life insurance near retirement aligns with income protection, estate planning, or legacy objectives. • Explore what pursuing the CFP® designation may require and how a financial planning career path can take shape. Retirement strategy is built on thoughtful evaluation, disciplined allocation, and informed decision-making—not guarantees. Listen and subscribe to the Money Matters Podcast for educational retirement planning, investment strategy, and wealth management discussions grounded in long-term perspective.

In this episode of Money Matters, Scott and Pat walk through smart decisions around Roth vs. pre-tax savings, pension lump sums, and when it actually makes sense to use your HSA. They help a high-earning family think through life insurance gaps and special needs planning, guide a soon-to-be retiree through a $1 million pension decision, and revisit a multi-million-dollar couple debating whether to spend or preserve a large HSA. From tax diversification to retirement income strategy to how certain accounts are treated at death, this episode shows the difference between surface-level investing and true financial planning for $2M+ portfolios. Join Money Matters:  Get your most pressing financial questions answered by Allworth's co-founders Scott Hanson and Pat McClain. Call 833-99-WORTH. Or ask a question by clicking here.  You can also be on the air by emailing Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

Mahad Mohamed is a senior crypto tax and accounting specialist with over 25 years of experience in public accounting and tax advisory. His background includes work with Big Four firms and government tax authorities, giving him deep insight into regulatory review and enforcement.Mahad Mohamed is the CEO of Block3 Finance, a firm dedicated exclusively to cryptocurrency taxation, accounting, and advisory. He recently joined the Bitcoin.com News Podcast to talk how cryptocurrency is taxed, primarily in Canada and the U.S., and what traders, investors, and builders need to understand to stay compliant.Mahad advises crypto traders, investors, and builders on reporting, audits, and long-term tax structure, with deep expertise across Bitcoin, high-volume trading, DeFi, staking, NFTs, mining, and cross-border crypto activity. His work is focused on audit-ready reporting, clean records, and defensible tax positions that stand up under real regulatory scrutiny.Block3 Finance works with clients operating across centralized exchanges and on-chain protocols, delivering accurate reporting, audit support, and tax structures aligned with current regulatory expectations. The firm places strong emphasis on clean records, defensible positions, and practical decision-making that holds up under real scrutiny.You can book a free 30-minute consultation at calendly.com/mahadblock3finance, tailored to your unique crypto activity, to understand your exposure, reporting obligations, and next steps before issues become costly.A major topic of discussion this episode was the misunderstanding that taxes only apply when cashing out to fiat; in reality, every crypto transaction, including selling, swapping, and spending, is a taxable event, with no minimum threshold for reporting gains. Tax authorities like the CRA, Revenue Quebec, and the IRS inquire about crypto use on tax returns, and the CRA recently sent 440,000 audit letters to inquire if recipients are crypto users. Tax agencies look closely at whether a user is an investor or a day trader, often using an eight-page questionnaire with about 30 questions to assess the user's involvement. A key distinction involves the volume of transactions; having more than 10 to 15 transactions a year, or more than 15 staking/reward transactions, can flag a user as a day trader. Automated trading is also a strong indicator of being a day trader.If classified as a day trader, income is taxed as business income at high personal marginal tax rates, versus a capital gain. Mahad strongly recommends that day traders incorporate, as a corporation's tax rate in Canada is only 12.2% on gains up to half a million, and personal assets can be transferred to the corporation using a Section 85 Rollover. Specific crypto activities are also addressed: staking rewards and airdrops are taxable at their fair market value upon receipt, and the daily nature of these payments can increase the risk of being classified as a day trader. Winnings from prediction markets are taxable, unlike lottery winnings in Canada, because they involve crypto as the medium of prediction. Losses from hacks or exchange failures are not automatic write-offs; they require proper documentation, such as filing a police report and obtaining a federal file number, which Block3 Finance uses to defend the loss claims if audited.Looking ahead, Mahad predicts an increase in audits, on-chain analysis, and less tolerance for errors from governments as education and awareness become more widespread. Global data sharing is also imminent, with the Common Reporting Standard on Crypto-Assets (CARF) set to begin in 2027, meaning tax authorities will have access to international wallet information. Finally, he emphasizes the importance of estate planning, urging crypto users to have an up-to-date will and proper documentation to ensure that beneficiaries and executives can access their crypto, wallets, and seed phrases, noting that "death and taxes are both guaranteed".

It's not just Nvidia anymore. We will discuss the earnings from companies like ARM and Broadcom, analyzing the shift toward "Custom Silicon" designed specifically for distinct AI models.Today's Stocks & Topics: Tenet Healthcare Corporation (THC), CMOC Group Limited (CMCLF), Market Wrap, Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), Cloudflare, Inc. (NET), Semiconductors: The "Custom Chip" War, How to Rollover a 401k, Dollar General Corporation (DG), Alphabet Inc. (GOOG), Housing Market, Equinix, Inc. (EQIX).Our Sponsors:* Check out Anthropic: https://claude.ai/invest* Check out Quince: https://quince.com/INVESTAdvertising Inquiries: https://redcircle.com/brands

The 10-year Treasury yield is finally pushing comfortably above the 2-year yield; we will explain why this "normalization" is healthy but often precedes a mid-cycle slowdown.Today's Stocks & Topics: ThSprouts Farmers Market, Inc. (SFM), Oil Field Services, Market Wrap, “The Yield Curve "Un-Inversion", Anebulo Pharmaceuticals, Inc. (ANEB), Invest in the Demand for Magnets, The Auto Industry, United Parcel Service, Inc. (UPS), Rollover 403b to Roth I-R-A, Cardinal Health, Inc. (CAH), Winners and Loser Around the Tax Cuts and Tariffs.Our Sponsors:* Check out ClickUp and use my code INVEST for a great deal: https://www.clickup.com* Check out Invest529: https://www.invest529.com* Check out Progressive: https://www.progressive.comAdvertising Inquiries: https://redcircle.com/brands

In this episode, we delve into the intricate world of the Chicago Outfit’s informants, featuring insights from my late friend, Cam Robinson, and Paul Whitcomb, a well-respected expert on the mob. This special compilation draws from past interviews and shorts that once highlighted various informants who operated during the notorious 1980s era of organized crime in Chicago. Through a series of concise segments, we explore the lives of key players who chose to turn against the Outfit, revealing the complex motivations and consequences of their decisions. We kick things off by revisiting the tale of Paul “Peanuts” Pansko, an influential figure leading the Polish faction of the Outfit. Pansko's criminal activities, including a racetrack heist, not only placed him in dangerous territory but also set into motion a chain of events that would later link to the infamous Family Secrets trial. It's during this journey that we outline how interconnected the informants’ narratives are, showcasing how Pansko’s actions inadvertently unraveled parts of the organization.   The discussion shifts to more dramatic stories, including Mario Rainone. Rainone's infamous decision to cooperate with the authorities opened the door to significant revelations about Lenny Patrick, one of the highest-ranking Outfit members to switch sides. Rainone's tapes ultimately led to the dismantling of major sections of the Outfit’s operations, including political connections that had long shielded them from legal repercussions.   We also explore the tale of Ken “Tokyo Joe” Eto, a Japanese mobster who thrived within the Outfit’s ranks. His attempts at self-preservation after surviving an assassination effort highlighted the stark realities faced by those who navigated the perilous landscape of organized crime. As he eventually became a witness for the prosecution, Eto’s insights illuminated the internal workings of one of Chicago’s most feared organizations. The episode further examines dramatic betrayals and deadly encounters that shaped the Outfit’s legacy. From the chilling events surrounding the murders of the Spilotro brothers, orchestrated by their own associates for reasons steeped in loyalty and betrayal, to the grim fate that met informants like Al Toco and the impact of domestic discord on organized crime, each tale is a window into the bleak realities faced by both mobsters and informants alike. As we round out the episode, we reflect on the cultural dynamics surrounding informants, particularly how personal relationships and family ties heavily influenced their decisions to cooperate. It becomes clear through the interviews that while fear of retribution often compels loyalty, the specter of betrayal looms large within the mob. This multifaceted examination blends personal stories with historical context, providing a deeper understanding of the Chicago Outfit’s complexity and its operatives. Join us in this retrospective journey through the shadows of organized crime as we pay homage to those who bravely shared their stories, revealing the inner workings of a criminal empire that continues to fascinate and terrify in equal measure. Hit me up on Venmo for a cup of coffee or a shot and a beer @ganglandwire Click here to “buy me a cup of coffee” Subscribe to the website for weekly notifications about updates and other Mob information. To go to the store or make a donation or rent Ballot Theft: Burglary, Murder, Coverup, click here To rent ‘Brothers against Brothers’ or ‘Gangland Wire,’ the documentaries click here.  To purchase one of my books, click here. Transcript [0:00] Well, hey, guys, after listening to Bob Cooley, one of the more damaging sources and witness and informant to the Chicago Outfit outside of the Calabrese family, [0:13] Nick and his nephew, Frank Jr., I got the rest of the Chicago Outfit informants on tap here. No, not really. They’re not coming in. But I did do a story. I did a series of shorts a few years, or I don’t know, two or three years ago, maybe. [0:32] I interviewed my late friend, Cam Robinson, rest in peace, Cam. So you get to hear from him again. And Paul Whitcomb, who is a Chicago outfit expert, he’s been on this. They used to have some kind of a round table show up there. I don’t know if they still have it or not with the Seiferts. But anyhow, I got these guys to sit down with me and talk about all the different informants in Chicago during the, it was during the 80s. So this is just kind of a series of shorts that I put up before. They’re six or eight minutes long, I think, each one of them, that they talk about different informants. This kind of threw it together as another little bonus episode we’ve done. And I went to Chicago, if you notice, after Johnny Russo, which I apologize for in a way, I don’t know. I mean, the guy’s got some crazy-ass stories, doesn’t he? Who am I to say that he didn’t do it? But most people know that he didn’t do most of that stuff. Anyhow, so I threw up another Chicago right away about the guy that had the race wire that they killed, James Reagan. [1:38] Then i had this interview that i’d been doing during those last couple weeks with bob cooley who’s appeared uh out of nowhere and he’ll maybe see him on some other shows now he’s he’s wanting to do shows he tells me so after hearing bob cooley talk i thought well i’m doing do one more i want to just throw it up as an extra uh from some of my old chicago outfit stuff and that’ll finish me off on the Chicago outfit for a while. I hadn’t, I hadn’t been in Chicago, uh, doing shows about Chicago for quite a while. And, and I didn’t want to, uh, neglect you guys. You know, I get a lot of books written about New York and I’ve got all these authors that are wanting to do these books about New York. Uh, not so much about Chicago. So if you got anybody that, you know, wants to, got a book and wants to come on the show, uh, talking about the outfit, why steer them to me. So anyhow, just sit back and relax and enjoy. [2:37] My late, great friend, Cam Robinson. One more look at Cam, for those of you who remember him, and Paul Whitcomb. And we’re going to talk about famous snitches from Chicago. Thanks, guys. Well, let’s move along now to, this is kind of interesting, Paul Peanuts Panczko, who was the leader of the Polish branch of the outfield. Is that what you would call Peanuts Panczko, the leader of the Polish branch? If the Polish branch is the Panczko family, which you could easily say there were three brothers, then yeah, that wouldn’t be right. We haven’t really done a show on them. I don’t know a whole lot about them other than they were released at all. So we said non-Italian, Peckerwood, as we call them at Kansas City, professional criminals who did a lot of business with different outfit people. And he did a robbery of a racetrack. I think it’s the Balmoral Racetrack. It’s the name of it. James Duke Basile and then Panczko was in trouble for that and he convinced Basile to come in and they did some talking remember anything about that situation, you know in a lot of ways you. [3:50] Panczko could be considered one of the first dominoes that eventually led to the Family Secrets trial. Panczko, as you said, led to Dookie Bazile, who they had done robberies together. Bazile led them to Scarpelli, who was a much higher guy. I mean, there’s debate, but he was, because there was a making ceremony at this time, but Scarpelli was pretty highly ranked. I mean, he was a known killer, and he was up there. He was in the wild bunch. But Scarpelli then did tell them about a lot of the things that Frank Calabrese had done. [4:28] He wasn’t known as well as Scarpelli had brought him up to be. And a lot of those things dominoed into what would eventually lead to family secrets years later. [4:42] Scarpelli, I think, did not know so much about Nick, but he did know about Frank. And so a lot of that information sort of filled in the gaps. And even though Frank Calabrese Jr. Led them led them to Nick They A lot of seeds were planted And can be traced back to Pianus Pansico Um. [5:01] So it is kind of an interesting line. Basile, he wore a wire on Scarpelli and not even talking about a lot of these things. It’s not the FBI knew about that. They were in a car together. Right. If I remember right, he even talked about a mob graveyard. They went up there and they found two or three bodies. One of them was connected. It wasn’t anybody really important, but one of them was connected to Harry Aleman. So it was a pretty important wearing of a wire on Scarpelli, who then came at himself for a while. And that’s what led to the family secrets. He talked about Frank Calabrese. Is that what you’re saying? Yeah, that’s right. And some of those bodies in that graveyard were 10 years apart, which was interesting. I’ve got, it’s on the map that I created, but some of those bodies, there was years in between them. So it was something they were going back to and they believed that there were a lot of things there they did not find. Yeah, because they built a health care facility or something. They built some big building over where there would have been bodies. Right. Right. And the fascinating thing about this is Scarpelli, like, just like Cam said, this guy was a serious killer. He was a muscle builder. He was a terrifying guy. I mean, he had almost inhuman physical strength. Yeah. And when he flipped, he was completely debriefed by the FBI and the DOJ and then decided to try and change his mind. [6:27] But before he could do that He hung himself in the bathroom Of the Metropolitan Correctional Center With his hands behind his back And a bag over his head, Who was he in prison with? Who was he in MCC with, Paul? Was it anybody? He did happen to be in the MCC with the German at the time. He bound his hands behind his back and put a bag over his own head. He did. He did. And so the outfit continues to somehow persuade people to take their own lives rather than testify against them. [7:07] It’s a hell of a way to die by suicide it is by suicide at least they didn’t have arrows in his back, not as far as we know yeah it was terrible he cut his own head off I saw a cartoon once that the homicide guy liked to go ahead and maybe real suckle of suicide because then you could just walk away from it so there’s a dead body laying there with a bunch of arrows at his back and a homicide detective standing over him with a hand and pencil and says, hmm, suicide, huh? [7:44] Got the inside joke. It worked homicide. You see how those guys sometimes will try to make something into a suicide that probably is a homicide. On the other hand, we had one, we had a mob guy, he wasn’t really a mob associate, who had gone to Vegas. He lost a lot of money and they found his body in his car at the airport parking lot after coming back from Vegas and they found out later lost a lot of money and the car was parked up against the fence and he was shot in the head and there was no gun in the car you know found so just assume that somebody shot him in his head the car kept going and rolling up against the fence. [8:25] But this one detective, I remember Bob Pence is his name. He was dumb. And he started, he went back over and he dusted that car for prints again. And he got some more evidence out of it. And then he went back to the airport and he looked and started asking questions. And he found out later that somebody who had a pickup truck parked there had a week later, three or four days later, come back and got his truck. When he got home he found a pistol inside the bed of his truck and he called the airport or he called somebody turned it in Pinson found that pistol that was a pistol that that shot the guy so Pinson's theory was he was rolling along in his car he shot himself in the head and then he flipped that pistol out is with a reaction he flipped it out and went in the bed in that pickup and then it rolled on up against the fence and they ruled it a suicide wow damn that’s not that different than Scarpelli I mean the fbi to this day insists it was suicide yeah well, Oh, well, right. All right. Let’s move along to Mario. John, the arm. Rainone. [9:41] Is that correct, Cam? That yeah, that’s Rainone. Yeah. So tell us about that. I know we talked about this, you know, a little bit about this one. [9:50] This is kind of a funny one. He was he was sent to kill a building inspector. Raynaud was with the Grand Avenue crew and so he’s en route to kill this guy and this is one of those mob blunders and he sees a couple guys following him and it’s Rudy Fredo and Willie Messino and he recognizes him when he’s driving over there and it’s important to point out who these guys are, Cam, not to interrupt you Willie Messino, was the right hand man and bodyguard for Tony Accardo for 30 years I mean, he was serious, serious business. Rudy Frayto, you know, the chin, but Massino was serious news. If you saw Willie Massino, you knew he were in for trouble. Yeah, he wasn’t there as backup to do anything except clean up after Rainone, including Rainone. So Rainone saw the writing on the wall. He pulls up and he goes straight to the FBI. [10:54] And he informs, he talks to them and gives them his information. And later on, he sort of regrets doing so, denies that he ever did. Uh, there were, there were, uh, articles written about him. There’s a, there’s a Chicago Tribune writer, John Cass, and Ray Nolan had a back and forth with him writing letters. This is how these mob guys in Chicago operate, talking about, I’m, I ain’t no beefer. And, uh. Once he was out of prison in 2009, he was busted several more times. If you can believe it, he stayed in the criminal life. He was robbing a liquor store with another guy. And the guy he was robbing with, this is why I jump ahead a little bit, was a guy named Vincent Forliano. He claimed that he didn’t even know Fratto or Messino. These were guys he didn’t know, so he never would have informed against them. The guy he was robbing the liquor store with and he was committing other robberies with, Vincent Forliano, was Fredo’s son-in-law. [11:56] So he was committing robberies with a guy related to the guy, but he didn’t know who they were. And to say that somebody didn’t know, as Paul said, Willie Messino, is just ludicrous. Anybody in the criminal atmosphere, period, knew who Willie Messino was because you were probably paying money to it. to exist. And this is extremely important because Rainone, at the time this happened, Rainone cooperated long enough to record conversations with Lenny Patrick. That’s right. That’s right. And that set dominoes in place that would lead to the fall of the outfit. Even though he tried to take back his cooperation, to say he never cooperated, I’ve heard those tapes that were played in trials that I participated in, so I I know better. Uh, and that’s why they call him Mario flip flop Rainone because he, uh, would cooperate and uncooperate and then cooperate. But he is the one who got Lenny Patrick on the hook. Yeah. [13:00] Interesting, interesting. Let’s just continue on with this Lenny Patrick because we weren’t going to talk about him. That’s a good lead hand to talk about another, really one of the most important informants that year who testified. [13:13] Can you talk about the domino that led to the end? Rainone really, really flipped the domino that kicked over. Go ahead, Paul. Well, Lenny Patrick was the highest, and even to this day, remains the highest ranking member of the outfit to ever turn state’s evidence. The guy was a capo in all but name. He had been in charge of Rogers Park, the gambling. He was essentially the head of the Jewish arm of the mafia, kind of the Meyer Lansky figure of Chicago. And when the Lawndale neighborhood moved north to Rogers Park, he moved with them, and he had his own crew. He reported directly to Gus Alex, who was, of course, at the very top, and Sam Carlisi. And he was dealing with Marcello and Carlesi in a number of different outfit ventures, loan sharking. He personally had been staked by Carlesi with a quarter million in cash to put out on the street. And he was involved in extortions Bombings of theaters All these things directly at the command of Sam Carlisi Who was then the boss of bosses of the Chicago outfit So when Rainone got him on tape They set up what was the beginning of the end for the outfit And I think people need to understand who Gus Alex is also For people outside of Chicago Gus Alex was. [14:40] Basically, I guess you could call him the equivalent of maybe the consigliere in Chicago. When you look at Chicago, the triumvirate in the 70s, once a guy like Paul Ricca died and several major outfit leaders died in the early 70s. [14:58] Tony Accardo decided that the outfit would be led by himself, by Joy Iupa, and the political wing and all of the non-Italians and all of the grift and a lot of aspects would be led by Gus Alex. So he was essentially on the same level as Joey Iupa, and he was responsible for much more for things of greater import than Joey Iupa. I mean, controlling the political arm and all the payoffs and all of that is much, much more than the streets and the murders. So all the politics and all the anything that had to do was definitely fell under gus alex and he was part of a ruling triumvirate he was a non-italian part of a ruling triumvirate with iupa and uh acardo so he was the the leader top of the outfit and he had been for years going back to going back to the 30s and the 40s 40 he had come up under, the Murray the Camel Humphreys and had made those connections he was the most connected guy in the Chicago outfit, so for a guy like Lenny Patrick to be. [16:15] Rollover against is essentially the political leader, national political leader and political leader of Chicago. This was absolutely crippling to the outfit. That was he wiped out the entire political arm of the Chicago outfit. After Lenny Patrick brought down Gus Alex, this became a basically a street crime organization. It was that those political contacts. I mean, I think that’s a fair statement, right, Paul? Those political contacts and judges, I mean, that was all but eliminated with Gus Alex going away. You’re absolutely right, Cam. And he not only took out Gus Alex, but he took out the boss of the Italians, too. That’s right, yeah. Both of them at the same time. He wiped out the outfit, and you put it beautifully by saying it became a street crime organization. You think about the division of labor and it started with IUP and IUP and. [17:19] La Pietra, Jackie Cerone, they had all the gambling, a lot of the sports gambling, but they also had the skim from Las Vegas, and they ran all that stuff, while Gus Alex, along with Lenny Patrick, ran all that politics, and you can’t have a mob organization if you don’t have cover politically. That’s why even in Kansas City, we’re pretty clean here, but we still never had any real mob prosecutions. [17:47] And it certainly had very few, if any, little, if any mob prosecutions at Cook County. And you couldn’t even get convicted of a real crime, murder, assault, or something. It’s just a straight-out crime. You weren’t even trying to do a RICO, I think, on anybody. So it was, you know, they just operated with impunity. Well, you took out that whole gambling side. That was all the money coming in. And then shortly thereafter, you take out the political side, who then turns back and gets the new boss on the gambling side and loan sharking and all that. [18:23] I’ll tell you, by 1990, the outfit’s gone. It really is. It still exists to a degree, but Sam Carlisi was the last traditional old line boss of the outfit. you, that, in my opinion, that ever ruled. After that, it was never the same. Yeah, I think a guy like Gus Alex, you know, like you said, Gary, you had Aiuppa who was dealing with gambling, but I think that’s a lot of, there’s a lot of optics to that, you know, and you’ve got all these cities who have got characters who are not Italian, Gus Alex in Chicago, and, you know, as Paul said, Meyer Lansky, who was New York, and you had Mashie Rockman in Cleveland, and these characters not italians so they know when to step back and let and let the italians talk but that doesn’t mean that they’re not running things it’s just for the optics of city to city where the italians have to see that they’re dealing with italians they don’t walk in the room it doesn’t mean that behind the scenes they’re not pulling the levers they just because of of the uh uh criminal um. [19:34] The the criminal view of of non-italians in that world sort of sort of their own prejudices these guys don’t always walk in the room when they’re dealing with other cities gus alex is is sitting down with anybody in chicago but you go to kansas city you go to new york, you know meyer lansky would leave the room when they were when they were talking you know italian to Italian. And the same thing with Gus Alex or Mace Rockman or any of those other guys who are not Italian. It was just an optics city to city. It doesn’t mean that they weren’t pulling the levers. Is it Yehuda or Jehuda, Cam? Jehuda. I’ve always heard of Jehuda. Yeah, Jehuda. So he kind of dealed with the IRS that year. [20:23] He must have had some. The IRS was really strong working the mob in Chicago. I’ve noticed several references to IRS investigations. We did not have that in Kansas City, and the IRS did a little bit, but they were not as strong as they were up in Chicago. [20:38] Yeah, he met with an agent, Tom Moriarty, who’s been around and worked Chicago for a long time. He was a pretty well-known guy up here. But Bill Jehota worked under Ernest Rocco Infelice, who was a real powerhouse going back a long time. And out in Cicero, and his crew, a lot of these crews had their own little names, and they called the good shit Lollipop. He was a huge gambling enterprise, you know. And they bought a house up in Lake County, which is north of the city. It’s funny, this house they bought was actually the family that had lived in it. The son had murdered the family. It was a murder house before the outfit bought it. and uh they bought it used it as a as a gambling den and and after that moved out they used it for prostitution and they would park cars at a nearby motel that they ran and then then have a uh a, valet service that drove him to this this gambling house and there was also quite a few uh murders that uhJahoda witnessed i’m sure he took no part in it he just happened to be standing outside of the house when they when they these murders were committed there was a uh was it hal smith and um. [21:57] Oh i can’t remember the they killed somebody else in this home and they burnt these were guys who didn’t want to pay his tree tags, and they were gamblers who refused to give in. And he brought down this entire crew. I mean, Rocco and Felice was… There’s a famous picture of the day after the Spolatros were killed. And it was really the upper echelon of the up that you’ve got. You’ve got little Jimmy Marcello. You’ve got the boss, Sam Wings-Carlesi. You’ve got the street boss, Joe Ferriola. And you’ve got Rocco and Felice, who’s right there. These are the four top guys, basically, in the outfit as far as at this time, the Cicero crew had risen to the top. That was the powerhouse crew. And so he was involved in those discussions because he was such a powerhouse out there with Ferriola being the street boss. So he was, it really can’t be thatJahodatestimony that eventually brought down this crew was really, it really crippled that crew for a long time. Well, those people that went down in that trial have only in the last five years come out of prison. Yeah, we’ve actually had been talking to somebody. We’ve had the… [23:13] Opportunity to meet he brought down uh uh robert um to go beat um bellavia and another guy who doesn’t like to be mentioned who runs a pretty successful pizza pizza chain up in lake county and uh these guys went down for a long time the beat was down for 25 years and he just came out. [23:39] So and billJahoda have if you read his testimony it is kind of kind of odd that he was standing outside of the building and just looked in the window and they were committing a murder and he just he he places himself outside of the house witnessing a murder through the window which is convenient when you’re the one testifying against murderers it certainly is yeah. [24:03] So so that was he was involved in the gambling so that makes sense then the irs got him and millions of dollars millions of dollars a month they were bringing and he met uh, i don’t remember paul and you did he he contacted moriarty right or did moriarty reach out to him because he was under investigation i i thought Jahoda was was worried about himself so he reached out to them i can’t remember the details i think you’re right yeah i i think he was worried about his own his own safety gary and he reached out to moriarty and they met up at a hotel just outside the city on the uh up in the northwest and uh they talked about things i actually found the location and on the little map you can find where where they met each other but he they met each other in disgust and they would meet different locations and and jahuda wore a wire and some of those some of those wiretaps are they really make for that. [25:05] That those conversations come right out of the movie just i love what we’re doing out here and i love my job and and you actually where i’m going to make you trunk music i mean you really hear these things that that you see it right in the movies i mean you you can’t write the dialogue that these guys are actually using it’s it’s it’s you know it it comes straight out of a book i mean You’ve got, you’ve got, uh, this is the toughest dialogue you’ll ever hear. Interesting. How’d you buy it? Where’d you find that at? Is that, uh, it’s probably not the audio in probably anywhere. No book or something. Yeah. You can, if you look up, if you look up different, different, you know, you go on newspapers.com or you go in different, uh, I believe, uh, I’ve got, um, uh, mob textbook by, um, Howard Abedinsky. I’ve got a couple of copies of his, of his textbook, organized crime. And he’s got some clips of it. This guy who owns a pizza shop up north is talking about how he loves his job. He loves what he does. And it’s funny to hear he talk about smashing somebody and loving what you do. Really? I’ve heard a few conversations like that back at the station house. [26:25] I don’t care. It’s on both sides. Is that what you’re saying? When you live in that world. Those guys can go either direction. [26:37] Well, let’s talk about ex-Chicago cops. Speaking of cops, let’s talk about, Vince Rizza, his daughter actually appeared on that Chicago Mob Housewives, or they tried to do a show. And Frank Schweiss’ daughter was on it. And Pia Rizza, who has gotten some notoriety as a model or something, I can’t remember. And she really, she was tight. She would not talk about her dad at all. I read an interview of her. She would just talk about her dad at all. But he came in and he testified against Harry Aleman, of all people, and linked him to the murder of this bookie, Anthony Ritlinger. Remember that one? [27:22] Go ahead, Paul. No, that one I’m not very up on, Cam. I’m sorry. So, Ritlinger, I believe he didn’t want to pay his street tax, if I’m right, Gary. Yeah, you’re right. He had been warned. Rattlinger had been warned that he needs to pay, he needs to pay, and he was making a good deal of money. And Ratlinger was he was brought in just the normal course of action with the wild bunch because he was a wild bunch murder I’m a little rusty but here it comes so he was a wild bunch killing, he was brought in he was warned it was the typical Harry Ailerman and if I’m remembering correctly and people correct me if I’m not it was Butch Petruccelli they sat him down. [28:11] Usually it would be Butch and, um, uh, Borsellino who would do the talking, uh, Tony Borsellino, and they would do the talking. And then afterwards, Butch Petruccelli would just sit down and glare. So he was a pretty scary guy. And he had that, uh, uh, Malocchio, the, the evil eye, and he would just glare at people. And that would send the message and Rattlinger didn’t, didn’t listen. He was making too much money, he’s not going to pay any damn Degos, that kind of line. And so he, of course, fell victim to these guys. And I believe he may have been trunk music. I think I remember this one, Matt, but I can’t remember. Yeah, I got this one. He went to a restaurant. That’s right. That’s right. And he had already, his daughter lived with him. I’m not sure about the wife, but he had warned his family to take all kinds of extra cautious. He knew something was coming. And it was, you know, after reading that thing, it’s, It’s kind of like, well, we talked about Spilotro taking off their jewelry. Ken Eto did this similar kind of a thing and told his wife he may not be coming back. [29:22] I tell you, another guy that did the same thing was Sonny Black. That’s right. It came out about Joe Pistone, the Donnie Brasco story. He did the same thing. He went to a sit-down or a meeting, and he took off his jewelry, I believe left his billfold, when he went to the meeting. this. Ken Eto was the same way. Ken Eto, I think, thought he could talk his way out. I think all of them thought they could talk their way out of it. So Rettlinger went out by himself and sat in a prominent place in this local restaurant that was really well known up there in the north side. It’s north of downtown Chicago, and I can’t remember the name of it. [30:02] And he just sat there and pretty soon a car pulls up and two guys run in kind of like a Richard Cain kind of a deal and just start popping. And that was a Harry Aleman deal. That’s right. He did, I believe. There’s an old guy who married the girlfriend of Felix Adlericio, I believe. He and this woman are sitting out in front of their brownstone, and Aleman and some other dude pull out and get out when guys walk up to him and shoot him and kill him. [30:31] And so that was – Yeah, that was Petrocelli and Aleman walked up, And he had been, he had been dating, uh, uh, Aldericio’s, Alderico’s girlfriend. Now that’s the famous hit from beyond the grave. Because we’re going to go on the old Samuel’s just sitting in the lawn chair thinking he’d got it made. That’s right. You know, Gary, you and I did the show on the outfit, uh, a long time ago. No, I’m sorry. On the wild bunch, a long time ago. So a lot of those, and they did so much work back in the day. A lot of those run together, but yeah, you’re now, uh, now that you’re right, writing her was he was eating in a restaurant. I’m, Uh, I can’t remember the name. It may have been, been Luna’s, but he was, went out in public. He thought he’d be safe. And like you said, a lot of these guys have a six cents because they come up on the street and they know these things. And, uh, like a guy like Sammy and Reno knew it was coming. He was dodging them for a long time, but they, they know that their time is coming. Eventually they just, they stay ahead of it for a while and figure they can fight their way out or talk their way out. And yeah, they, he was blown away right in public. Like it was similar to the, I remember it being similar to the, to the Richard Cain murder. And this was in, it was right around the same time. It was, it was in the mid seventies, 75, 74, 75, 76. It might’ve been 75 that writing or happened right, right in the middle of the restaurant. [31:58] I’ve been a lot cheaper to pay the street tax, I reckon. You know, and it wasn’t, I don’t recall that they’re asking for so much, but once these murder started happening yeah i think it was it wasn’t like it was half or 75 i think they just wanted it was you know it might have been a quarter it might have just been a flat fee across the board but once that street tax was was instituted i mean we’ve talked about this before gary that was when the wild bunch was out there that was that was they really didn’t play around When Ferriola told these guys, get everybody in line, [32:31] they really cracked down and they weren’t playing at all. You pay or you die. And guys like Alem and Patrick Shelley, whether it was right in public or whatever, in the outfit in the 70s, Paul, you know this from Richard Cain and several others. They just write in public would just blow you away. and writing her was just was almost textbook just like the Richard Cain it was it was right in the right in the restaurant yeah I’ll tell you I’ll tell. [33:05] I was conflating him with Hal Smith. Okay. I’ll tell you something about those mob hits. When they kill somebody in public like that in a public way, more than likely it’s because whoever the victim is has been alerted, and they can’t get anybody to get close to them. They will already try to send somebody around to get them isolated, and when they can’t get them isolated, then they want them bad enough. They’ll just lay, as Frank Calabrese, I heard him say once, well, lay on them. And I thought, oh, that’s interesting. Well, lay on them. I read that somewhere else. They use that term when you’re following somebody and you’re trying to set them up, or yet they lay on them. Calabrese even said, you know, you’re like, get an empty refrigerator box and hide inside of it. I mean, it’s just like the kind of stuff we used to do at the intelligence unit to run surveillances on people. And so they’ll lay on them for a while until they can get you somewhat isolated. And if they can’t, then they’ll just take you out in public. It might be to send a message, but I don’t think so because it’s so risky to get somebody in public. You can have a young, all-fitty cop in there that you didn’t even notice, and he comes out blazing. And, you know, it’s just not worth it. Even if you take him out, he’s probably got to get you. [34:21] So it’s kind of a last resort. A desperation. Yeah, it’s desperation because they can’t get you isolated. [34:28] You look at some of these public murderers, guys like Richard Cain or Ridinger, like you said, who was on the watch. Sam Annarino, who was right on Cicero. [34:39] A guy like Chris Carty, who was years later. I mean, these are guys who would have been smart enough and street smart enough to be on the watch, to watch their step, to know what was going on. With the exception of a guy like Michael Cagnoni, who just happened to be difficult to get, and he probably might have had an idea that something was happening, but I think just he was a family guy, and so it was hard to isolate. They blew him up on the interstate, but I think that in general, that’s a good point, Gary. These guys, if they just run up and blow away, it’s just a last resort. That’s an excellent point. I have always been in that camp of, oh, that must be sending a message. But you, with your experience, I think you’re exactly right. One thing, guys, I think we’re mixing up Sambo Cesario with Sam Annarino. I was thinking when they – yeah, you’re right, Paul. I was thinking, though, when they blew away Sam Annarino in the parking lot with his family, though, they had been trying to get him for several months. And they finally just went after him in the parking lot, called in a robbery, and blew him away in the furniture store parking lot. That was what I meant. Yeah, Gary was referring to Sambo earlier. I just meant they had been trying to get Sam Annarino for a long time, and when they couldn’t, they just got him in the parking lot. [36:08] Well, interesting. You know, no matter how much terror these guys strike in the heart of their underlings, in the end, they still will turn once in a while. And I think people don’t really not turn because they’re afraid of getting killed so much if they don’t turn because they don’t want to have their family suffering the disgrace of them being a rat or a snitch. I think that’s more important to be a man and go out like a man in this subculture and believe me I’ve lived in a subculture where being a man and being a tough guy is more important than anything else, I think that’s the most important thing that keeps people from coming in you’re like a wimp you’re a puss, you can’t take it, can’t handle it you know what I mean you can’t handle five years I could do five years standing on my head or a tray like the dude told me so uh you know but even even with all that and still there’s a certain percentage that will end up coming in sure and usually there are people that either don’t care about their family like lenny patrick yeah or that don’t have close family so that they don’t have it so much of that pressure that you’re talking about gary because you make a really valid point that that that cultural value is so strong yeah yeah it’s it’s. [37:36] In a lot of these small towns, you see in Detroit where they’re all family tied in and everything, you don’t see informants. I think they’ve had one. Kansas City, as you said, Gary, you don’t see. But then you look at a place like Rochester where they’re all just lower tier mob guys. Everybody was informing on everybody because they really weren’t as upper echelon sort of mob guys. So I think that, like you said, once you get that culture seeped in, you’ve got those families and all, there’s a lot of factors. But if it’s a deep-rooted mob town, you really don’t see a lot of real informants. [38:11] So, guys, now we’ve got one that I did a show on. I did a couple of shows on him. I talked to the FBI agent who brought him in and dealt with him for quite a while. Ken Tokiojo Eto. He survived a murder attempt. When that didn’t happen for him with the outfit, what happened after that? [38:32] I believe his attempted assassins got killed themselves. So tell me a little bit about Tokyo Joe Eto. There’s a photograph I have from the late 50s, early 60s And it shows Joe Ferriola And a couple of other heavyweights Hanging around with a young Ken Eto, And a lot of people didn’t know who Ken Eto was But he ran the Japanese game, Gambling, Bolita And lots of money Poured into the outfit through Tokyo Joe As they called him And there was a rumor that perhaps Tokyo Joe was going to turn under a little bit of pressure. And so Jasper Campisi put three slugs in the back of his head. [39:22] Miraculously, he survived three slugs at point blank range. And if he wasn’t going to turn state’s evidence before, he certainly had a powerful incentive to do so now. He seems to insist As I’ve heard that he was not His intention was not It’s hard to say at this point But he says he had no intention Of flipping and that he’s not sure What the evidence was against him But he was not going to flip until, It was Yeah. [39:55] I’m drawing a blank, Paul. Who was it that sent? It wasn’t the saint. It was Vincent Solano. He was kind of Vincent Solano, who was a union guy and a made guy up there. He kind of had which one. [40:11] He was a capo. And which crew was it? Do you remember? He was on the north side. North side crew. North side crew. And actually, Ken went to Vince Solano and had a talk with him. Said you know what i can do this he was looking at a tray i had a dude tell me what’s that pressure and tried to get him to talk and he said uh he said what am i gonna get out of this a tray he said man i can do a tray standing on my head and i threw him right then that’s right gotta talk to me so uh and that’s all he had to do but solano for some reason uh who knows what was in his head because uh ken Eto had made him a lot of money a lot of money and he was a tough little dude he had he had survived he had been put in the uh concentration camps if you will during the internment camps yeah internment camps and then came as a young man up chicago and been around for a long time by the time this all came down he’d been with him for a long time and made him a lot of money and all kinds of different gambling operations but particularly the bolita. [41:13] So uh it just didn’t make sense i heard one thing that these guys in chicago got the idea Yeah, to keep the noise down, they were loading their own rounds with lighter loads of powder. I don’t know. They had like a hit car up there. The guys in Chicago were pretty sophisticated or tried to be. And so they used these lighter loads. And when it went into his head, it just didn’t penetrate his skull. I remember I was at the hospital once, and there was a young guy who had gotten shot in the head. And they said that the bullet was not a good bullet because it went in under his skin and then went under his scalp, along his skull, and then lodged up on his forehead. [41:56] Wow. And so Eto was kind of the same way. Those bullets were probably lodged up underneath his scalp. He pulled himself to a neighboring, I believe it was a pharmacy that was right there, a corner store. And then that guy went to help him. I think he had to dial a call of 911 or whatever. 911 was in place then. He had to call for help for himself from a phone booth. You know, he saved his own life by being smart and playing dead. Yeah, that’s right. And you look at Chicago, it’s a city of neighborhoods, and you’ve got the Mexican town, and you’ve got the different towns, and you’ve got Chinatown where there’s so much money and so much gambling. And while Haneda was Japanese and there’s obviously division between Japanese and Chinese, it would be much easier for him to go in and then some of these outfit guys and because of different things going on back in the 50s, 60s, and 70s. But he could go into neighborhoods and represent the outfit in ways in different communities that the outfit wouldn’t go into or a lot of these made guys. [43:12] And that gave him entry into a lot of communities. In the Asian community, there’s a lot of gambling that he was able to tap into. He was smart enough to see that as a route that maybe the Italian guys didn’t, just like Lenny Patrick, who we’ve talked about in other episodes, had that access into the Jewish communities and other Jewish gangsters. There’s a lot of gambling there. If you can get somebody who has an in to different communities, that’s really a way to go and that’s part of why he made so much money. A game like BolEto wouldn’t normally be and that’s huge in the Hispanic communities and huge with Asians also. You know in kansas city that’s interesting that you should point that out camp we had a um large vietnamese community moved in after the the boat peoples when it started and they moved in through the same church uh. [44:09] Sacred Heart Church and Don Bosco Center that the Italians moved in, the Sicilians moved into back in the turn of the century, the same neighborhoods. And Italians are getting successful and they’re moving out the suburbs and the Vietnamese are moving in and creating the Vietnamese restaurants and Vietnamese shops. And they brought, they have a love for gambling. Like you said, they have huge love for gambling. They don’t drink so much or do so many drugs, but they do love to gamble, it seemed to me like. [44:36] And so they had their own book. he was called the king a guy a friend of mine told me a story uh there’s a mob book he got on the periphery that neighborhood’s got a joint and he he was running a sports book and he had a lot of action going in and out of his joint so this one vietnamese guy had a big debt owed to the king so he goes down and talks to this guy’s name was Larry Strada, he ends up getting killed by some other uh mobsters in a deal they thought he was going to testify but i just needed to hear are there, this young, middle-aged Vietnamese guy goes down to the Caddyshack, Larry Strada’s bar. And he starts telling him about the king. He said, man, he said, the king, you take all your business. He said, he got all business down here. He take all your business. He said, you know, you need to do something about the king. He said, you know, we’re close to the river here. And then he made a motion across his throat like he was cutting his throat. So he was trying to get out of his gambling debt to convince this Italian, La Cosa Nostra bookie to go back and kill me yeah king piano. [45:42] You know i’ve heard a lot of stories and some of them are true some are not that one had to ring a truth to it it had a definite ring of truth that that got to do that playing them against each other yeah you bet and you know another thing about tokyo joe and you know he could testify But Ben Solano had Campizé and Gattuso killed right away. Found them in the trunk of their car, I think. Maybe at the airport, even. [46:09] Chicago trunk music, but they have some saying like that. And so Solano knew that they could testify against him, and they didn’t want to go down for attempted murder, more than likely, and he just didn’t take a chance. So he had them killed, and I can’t remember if he went down behind this or not. But another thing Tokyo Joe was able to do, I mean, he certainly could expose all the inner workings of what he knew about to the FBI, which gives you a lot of tips on where to go, who to work on, and maybe where to throw up microphones or some wiretaps. But he also traveled around he came to Kansas City during the skimming trial because they’re working on the Chicago hierarchy. So they just fly him into town. They show him that picture, the last separate picture where everybody’s in the picture. And they say, now, who’s that? Oh, that’s Aiuppa. Okay, then who’s that? Oh, that’s Vince Solano. Yeah, he reports to Aiuppa. You know, and who’s that guy? I can’t remember the other people at all. So the nation said that Joe is up hard. Oh, yeah, he reports to this guy. So to show the organization of the mob in Chicago and that it is an organization that gives orders to have other people carry it to make the RICO case, that he was a storyteller for that. And he didn’t know anything about the skim at all. But he was a storyteller on getting the mob name and the organization in front of a jury. That’s huge, as you know, Paul. [47:35] Absolutely. We had a similar arrangement during the Carlesi trial about how [47:40] the Carlesi crew operated and who was who, and to tell the story. Yeah. You have to make it a story. Let’s take a look at Betty Toco, which, uh, this is pretty interesting. There was a, um, I’m not sure. Albert Toco was your husband. Remind me what his position was at the outfit at that time. So Al Toco was, there’s sort of a division on who was the leadership of, who was the central leader of Chicago Heights. There’s Dominic Tuts Palermo and Al Toco, who was really a powerhouse in Chicago Heights. And Tuts Palermo was definitely highly connected and across the pond too, also in Italy. But uh Toco was involved in the in the chop shop wars really really heavily involved and he had a lot of connections in chicago too he was involved with lombardo and a lot of these chop shops throughout chicago he had a lot of partnerships and so this was a 30 million dollar a year racket stolen cars chop shops international car rings uh car rings throughout stolen car rings throughout the country. Toco was responsible for burying the Spolatro brothers. It was very sectioned off. Each crew had a part in their murder. And then Chicago Heights was responsible for the burial. [49:02] And they were down in Enos, Indiana. They got kind of turned around a little bit. They were down a farm road. They were burying them in a freshly tilled field. And the road where they’re on, there’s a little side road that you would drive down. There’s very little down there. I’ve, I’ve seen it, but a car happened to come down middle of night and they were in a, there’s a, there were a couple of feet off of a wooded area and they see this car coming down and they sort of all panicked and before they had a chance to cover the area or really do anything, it just looked like a freshly dug, it really just looked like freshly dug mound. And so they all fled and three of Toco’s guys went one way and he went the other. They had the car in both radios. [49:46] He’s wandering around barefoot, and he calls his wife finally. She shows up, and he’s screaming and yelling. And he runs to Florida, and he’s waiting for permission to come back from Joe Ferriola. He’s worried he’s going to get killed because they find the Spallachos immediately because the farmer sees his field all messed up, freshly tilled ground, and it looks really suspicious, like somebody had been poaching deer and burying the carcass. Uh but Toco was a tyrant to his wife he was he was horrible to her he was he was when you think of what a mob guy was that was Toco you know tipping the guy who mows his lawn the kid who mows his lawn hundred bucks and wandered around town everybody knows him but he’d come home and unlike a lot of these guys he was he was a real you know a real. [50:36] Real bastard to his wife you know and for years she put up with this sort of abuse and finally after this this happened and it was in the news and all he finally pushed her too far and she began informing on him and and he was arrested later on he was in his jail cell talking about all the murders he had committed and and this and that about his wife and uh his his uh uh A cellmate repeated everything that he said to try and lessen his sentence. So really, Toco got buried by his big mouth and his terrible behavior. He initially fled to Greece before he was arrested, and they extradited him back from Greece. So this is, I mean, Toco is like deep in mob behavior. [51:22] I mean, fleeing the country and all. I mean, it doesn’t get much more mafia than Al Toco. I hesitate to use that word with Chicago, but that was, Al Toco was running deep. and that Betty Tocco’s testimony eventually led to the trial of Al Tocco. And that was really a blow to the Chicago Heights crew that nowadays, I mean, they continued on and had a few rackets, but after the eventual trial that stemmed from that, it really wasn’t, there’s not much activity now. I’m in that area and there’s just, there’s really nothing here. [51:59] Interesting. Now, so Tony and Michael Spilotro had been lured to somebody’s house on the promise that Michael was going to be made. It’s my understanding. I believe that’s what Frank Collada had reported. And some other people, not part of the Chicago Heights crew, killed him. How did that go down? And how did they pass off the body? You guys, is there anything out there about that? Wasn’t that the family secrets trial, maybe? It was. And, of course, it’s been popularly portrayed in the movie Casino. And it’s surprisingly accurate Except for the fact That where they were beaten But what happened was Little Jimmy Marcello called them. [52:41] And said Sam, meaning Sam Carlisi, the boss, wanted to see them. And they knew that that was ominous because of what was going on beyond the scope of this show. But they took off the jewelry. They left. They told their wives, if we’re not back by 930, it’s not good. They really did not suspect that it was to make Michael. That’s what Collada said. You’re absolutely right about that, Gary. But I don’t think that’s correct at all. They knew that it was bad. And they went. He took a pistol, which was against the rules. They hit him a pistol. Tony hit a pistol on his brother, which you do not do when you go to see the boss. And they were picked up by, by Marcello and taken to a house. I, uh, was it Bensonville? Yeah. Up in Bensonville. Uh, in, in the basement, they walked down the stairs and all of a sudden they looked into the eyes of Carlici and, uh, DeFranzo and everybody, the whole, all the couples were there to spread the, the, uh, liability around and they were beaten to death with, with fists and feet, uh, in, in that basement and then transported to that burial ground, which coincidentally was just maybe a couple hundred yards away from Joey Aupa’s farm. [54:00] Right. So I guess that they must have had, uh, Toco standing by, because I don’t believe he was in that basement. I like that. He must have had him standing by to go grab the bodies and take them out. Really interesting. He should have had the old Doug before he got there. You know, that’s what they always say. First you dig the hole then you go do the murder right and i don’t think he had it done before he got there yeah i don’t i really that’s a good that’s a good point gary i really don’t know and nobody’s ever come forward to say what the status of the hole was beforehand uh you know it was a deep it was a deep it was it was a pretty deep hole uh but they may have had a dug ahead of Tom, but, but, uh, cause they knew the location and it’s pretty obscure location. So they had clearly been there before. And, and, you know, everybody knew that that was, I, I hope was, I got it right. Farm. And, uh, So they may have had it dug, and they just did a shoddy job covering it up. [55:05] But I also haven’t heard the specific details about how they handed it off to Toco. I don’t recall seeing that in Calabrese’s testimony. Yeah, it was Nick Calabrese that testified about that. It brought up the light. He named the killer. So he may not have gone that far, probably having Toco and having his wife testify that he did do this. that she picked him up out there. It was just a piece of the entire prosecution on the spot, which it really never was a trial or anything on that. I don’t believe. Another odd thing is he, I believe he ranted and raved the entire car ride back. And from where he was, you would run up with, It’s now turns into Indianapolis. So it’s a good car ride from where they were to Chicago Heights. I believe he ranted and raved about the guys and his crew and the burial and everything, the entire car ride, which was not something most guys would do in front of their wives. But I really, especially when he treated like that. Right. And complained about how long it took her to get there and everything. So she was able to verify a lot of what Calabrese was saying from the final end of it. Interesting. A friend of mine was in the penitentiary, and he said, there’s a guy in there who called himself a verifier. He said, what do you mean? He said, I’m a professional verifier. What he was, he was an informant. That’s what he was, but he called himself a verifier. [56:33] A girl would come to him and say, well, I heard this, this, and this. Is that true or not? He’d say, well, that’s true. That’s not true. [56:40] I guess that’s a more preferable term. Yeah, she was a verifier. Well, that was great. I really appreciate having that on there and Paul. And I really, I still miss Cam. Every time I get ready to do a Chicago show, I think, oh, I want to get Cam or Rochester. [56:58] We did one about Rochester. We did one about Utica. I did several other shows about other families. And he was a good guy and a real great researcher and a real expert on the outfit and other mafia families. So rest in peace, Cam and Paul. I hope to talk to you again one of these days. Guys, don’t forget, I got stuff to sell out there. Just go to my website or just search on my name for Amazon. I can rent my movies about the skim in Las Vegas, about the big mob war between the Savella brothers and the Spiro brothers in Kansas City. Then one about the great 1946 ballot theft in which the mob… Rigged election, helped Harry Truman rig an election. It’s a little harder to find than mine. You need to put ballot theft and Gary Jenkins. I think you’ll find it then. The other two, Gangland Wire and Brothers Against Brothers, Sabella Spiro, were a little bit easier to find. Had to put it up a different way because Amazon changed the rules, but I got them up there. So thanks a lot, guys.

In this compilation program, Justin Klein and Luke Guerrero field a variety of finance and investment questions from callers across the United States and around the World.Today's Stocks & Topics: Bonds, Portfolio Management, Credit Card Debt, Real Estate Co-Op, Investing for Kid's Future, Current Bond Market, Investing in Morocco, Value Stock, Difference from a 403b and Regular 401k, The Young Consumer, Large, Mid or Small Caps, Roth I-R-A Withdrawals, Preferred Dividend Stocks, The Dow vs. The S&P 500, 401k Rollover, Fractional Shares, Growth to Value Trade.Our Sponsors:* Check out ClickUp and use my code INVEST for a great deal: https://www.clickup.com* Check out Incogni: https://incogni.com/investtalk* Check out Invest529: https://www.invest529.com* Check out NordProtect: https://nordprotect.com/investalk* Check out Progressive: https://www.progressive.com* Check out Quince: https://quince.com/INVEST* Check out TruDiagnostic and use my code INVEST for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands

If you leave a job, you're probably focused on your next move, not tracking down that old 401(k). But those old 401(k)s are your money. And if you don't find them, manage them, or move them where they can grow smarter and harder for you, you're leaving cash on the table. Today, Nicole walks you through exactly how to track down a lost 401(k) and roll it over into a new retirement account — with all the details, step-by-step, so you don't make expensive mistakes. Rollover your old 401(k) and earn a 1% boost at public.com/moneyrehab If your old employer went out of business, check the National Registry of Unclaimed Retirement Benefits and the Department of Labor's Abandoned Plan Search Past Money Rehab episode on the difference between a Roth IRA and a Traditional IRA This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. As part of the IRA Match Program, Public Investing will fund a 1% match of: (a) all eligible IRA transfers and 401(k) rollovers made to a Public IRA; and (b) all eligible contributions made to a Public IRA up to the account's annual contribution limit. The matched funds must be kept in the account for at least 5 years to avoid an early removal fee. Match rate and other terms of the Match Program are subject to change at any time. See full terms here.