Thanks ... I was searching for the confirmation about MJK Clearing, Inc., (Equitrades clearing house) no able to cover the short position.
That brings up the LTCM rise and fall because they shorted and could not cover. What a mess that was and Greenspan bailed them out for $3.64BILLION and in less than a year they were right back at it.
But guess who owned the offices of LCTM ... Musallam A. Musallam, who resides in Saudi Arabia.
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