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Re: Vulcan post# 75433

Friday, 05/04/2007 1:15:36 PM

Friday, May 04, 2007 1:15:36 PM

Post# of 159752
Going thru a broker doesn't prove the stock purchased is real. Periodically counterfeit certs enter the market but usually in manageable quantities where the problem can be fixed w/o raising customer awareness outside the depositors.

What's interesting is no one here has said their account shows the 205 CUSIP. Without accounts flagged or forensic analysis done on past trading, I don't see how the company can adequately distinguish NOBOs who hold real stock vs fake. The remaining FTDs may be the result of normal market making and not created from additional fake certs deposited.

The burden of proof is on his shoulders.

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-- Warren Buffett

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