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Of course there is enough risk in trading so it is ridiculous to have unnecessary added risk from inadequate safeguards. But one of the main problems is that these guys can live well for years and then, in many cases, end up not doing a ton of time. They have a very serious fiduciary duty to...

What is your time frame? Are you an investor or a trader?

Is the gender all that important. While I think there are fewer women than men that can punch in the heavyweight division she's been hired to run Yahoo not IBM or Apple. She'll have a hard time screwing up worse than the other clowns. ' Since none of us are long the stock why do we care?

In the MF Global bankruptcy the choice to file under Ch 11 rather than Chapter 7 gave the edge to 400 holders of securities accounts over 50,000 segregated futures accounts. It changed the priority in the bankruptcy. What's more it is my understanding that the CME did not have representation...

LOL ... I'm not claiming a US moral superiority. I'm telling you how it works here and how the taxpayer gets screwed.

If anyone wants to see just how complex this can become and how those complications can put segregated customers far back in the pecking order in a bankruptcy check this out. http://www.scribd.com/doc/81511822/MF-Global-Issues-and-Proposals

It is less a criteria than a reality. The reason very few stocks were hard to borrow in the 90's was that there were far fewer short sellers. The public invested and that meant they were always long. The stock hits the list because it becomes had to borrow and while some firms are much...

Got everything to do with it. In the US the concept of "moral obligation" is very powerful particularly if it is insurance related and government mandated. There is no one in this country that does not believe the government will put the full faith and credit of the US behind the FDIC and/or...

My wife keeps a spread sheet and looks for not just a bad number but any disturbing trend. The swings can be surprising.

LOL ... when they pull up the truck and take it all out the back door and the numbers are all made up nothing protects you. That's why segregation sucks and insurance is the answer. That said, the Penson risk was very obvious as was MF. It pays to look but nothing is guaranteed to save you.

My Nigerian called about an hour ago and, believe it or not, there are two oil and gas leases as part of the estate they are transferring to me via their London solicitors. Apparently on mineral rights there is a small transfer tax -- a stamp duty -- that must be taken care of before the...

BlueTurtle ... Can you make an introduction to your Nigerian? My guy has run into a few minor snags -- he assures me they are minor -- yet I have not been able to reach him for a few days. I want to have a backup Nigerian or even have two "my great uncle died and the estate is $13,000.000"...

I never like the 100% coverage concept unless the insurance is STRICTLY private. If there is any taxpayer involvement -- even a "moral guarantee" -- I want a bit of the pain to spread. I want people to care who there counter party is.

I completely agree that NY is #1 pretty much across the board. But as a born and bred NY'er I must give Chicago its props. It is the only other large real city in the US. A NY'er can be instantly comfortable there. More than 40 years ago -- 1968 -- my first non drug related business trip...

Is it possible that this raving maniac -- Bwolinsky -- is rating them well on some services -- TODAY!! SEE BROKER RATINGS FOR PFG!!

Interestingly enough while this and dozens of other accurate reports reflect reality at that time, including lower court decisions, there was a much more recent UK Supreme Court decision that reversed it; Here is how it was...

I use Symantec Endpoint Protection ... a Norton product. Problem free. It is great!!!

I think it is a good bet. But are you really looking for good bets where you have say a small edge or a strategy with an edge that puts you in the game?

Although I have accounts at two other firms that have very low margin requirements most of the money is at IB. They are much less likely to piss it all away.

Most likely outcome although many others are possible.