Quote from Ripley:
Some of the debt is customer accounts. But, there is a massive blackhole in their books, akin to a leveraged to the hilt Chinese hedge fund. I would tread carefully.
Quote from jeb9999:
How did you come up with that absurd nonsense?
IB has $4.6 billion in equity. Their only debts are $178 million in senior notes and $43 million in short term borrowings.
IB has nothing to do with the European sovereign debt issue.