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User Info Let's Make The Clawback Risk REAL; entered at 2011-12-06 20:13:27
Gates
Posts: 6345
Registered: 2008-01-29 Scottsdale
I think the guys at Fido are making a couple assumptions - MFG was a "one off", and the rule of law still exists - my friend differentiated the banks from MFG in that Corzine used client money to leverage a bet on greek debt and lost - he said deposit banks don't or can't use peoples checking deposits, for example, to gamble that way - forgive me if i'm seeming obtuse, I'm just trying to get a firmer grip on the situation.

Last modified: 2011-12-06 20:16:07 by gates

2011-12-06 20:13:27