| Tim in WI - 11/3/2012 19:48
I believe we have been shown that if a large enough brokerage goes down, there is no legal recourse for the 'little guy', which would be....you.
I should also mention that even with the MF Global deal, eventually something like 75% of all money was returned, not just margin money, at least that's the way I understand it.
If an MF Global customer had little in their account other than margin money, they would not have been hurting much at all. It's the treating the brokerage like a bank that was causing problems. |
Silver drop
