Global Brokerage Inc. (GLBR)

[Crusen]

I think most people pay back debts because they are not scumbags. My bad.

However, one compelling reason to repay the debt is that FXCM hopes to do business in the future. And at this point it looks like they will make it, barring more unfortunate events. I wonder what a Greek default would do to them?

My accounting equation was not meant to be textbook but to be a general idea.

If you have 10 dollars in assets, and $10 in debt, and pay the debt with the $10, you are left with $0.

You do not somehow gain an extra $1. Your value has not increased. In fact, you are now just flat broke.