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Goldline, LLC is a retail seller of gold and silver coins, and other precious metals for investors and collectors.〔 Headquartered in Los Angeles, California, Goldline has more than 350 employees and an estimated $737 million in 2010 revenues.〔http://www.inc.com/inc5000/profile/goldline-international〕 Goldline traces its formation to a Deak & Co. subsidiary created in 1960, a firm that in the late 1970s was the largest storefront gold retailer and later went into bankruptcy in the 1980s. The company was later bought and sold several times in the ensuing years. Goldline advertises on several television channels and also sponsors some conservative radio talk shows. ==History== Nicholas Deak, a Hungarian immigrant, founded Deak & Co. in 1939 and served in the OSS (precursor to the CIA) during World War II. Deak & Co. specialized in foreign exchange, gold coins and bullion, and was considered a pioneer in the business.〔 By the early 1980s, the company was the largest retailer of gold bullion and the oldest and largest retail foreign exchange dealer in the United States. While Deak described himself as a gold bug, the company felt the strain of growing too rapidly during the gold economic bubble which burst by 1982.〔 At that point, they planned on expanding into the wholesale market, offering services to companies instead of the public.〔 The company was the country's leading seller of South Africa's Krugerrand before it was pressured to halt sales because of South Africa's apartheid system in 1985.〔 In 1984, Deak & Co. faced allegations from the President's Commission on Organized Crime that they laundered money for Latin American drug traffickers, facilitated the Lockheed bribery scandals, and smuggled currency from the Philippines. As a result, shortly thereafter, Deak & Co. declared bankruptcy in order to reorganize.〔 In 1985, the company was purchased by a Singapore lawyer for $52 million — the most valued asset was Deak's Swiss bank. In 1986, the foreign exchange and gold business was sold to Australia's Martin Properties Ltd. (later renamed Deak Morgan) for $12 million. In the following year, the company was transferred to New Zealand based NZI and expanded its gold coin dealerships by one-third. At the same time, Deak Investor Services, Inc. changed its name to Deak International Goldline Ltd.〔 Due to the 1987 worldwide market crash, the company floundered, and was sold to the London-based Thomas Cook Group in August 1990 for $10–$12 million. Several months afterward, Deak International Goldline (US) Ltd. was bought by A-Mark Precious Metals Inc, a wholesaler dealer in precious metals, thereby adding a retail presence.〔〔 〕 In 1992, Deak International Goldline (US) Ltd. changed its name to Goldline International, Inc. and Mark Albarian became president. In 1994, Goldline acquired the assets of Gold & Silver Emporium,〔 and in 1998, acquired Dreyfus Precious Metals, Inc., the precious metal brokerage and storage subsidiary of the Dreyfus Corporation.〔 In 2005, the A-Mark Corporation sold Goldline to three investor groups, each of which acquire minority stakes: Prudential Capital, Goldline management, and Goldline’s former chairman. Two years later, Goldline moved its headquarters and trading floor across Santa Monica, California to offices at the Water Garden complex.〔 In 2009, CIVC, a Chicago-based private equity company, acquires controlling interest in Goldline by purchasing the stakes owned by Prudential Capital and Goldline’s former chairman. Goldline management also increases its stake. This transaction was worth over $50 million.〔 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Goldline International」の詳細全文を読む スポンサード リンク
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