![]() ![]() ![]() ![]() ![]() |
|
|
|
Detailed market commentary at The Market Ticker and Ticker Classics
(The Year 2012 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda) RSS available
You are not signed on; if you are a visitor please register for a free account!
|
||
| MarketTicker Forums Single Post Display (Show in context) |
User: Not logged on
|
| Top | Login | Control Panel | FAQ | Register | Logout |
| 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
| |||