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Alias Born 05/09/2007

Re: None

Tuesday, 09/15/2009 11:09:19 AM

Tuesday, September 15, 2009 11:09:19 AM

Post# of 159753
What if..

The DTC(C) knows its game over. I'm sure the DTCC has insurance, (or some other kind of protective instrument/entity or underwriter),to cover situations like BCIT. What if they have prolonged using this "fix" as long as they can. Now, they will lift the lock, but in order to saisfy the "insurance" requirements, the company needs to be fully reporting for them file a "claim" to use some reserve money or "insurance" to cover the short. Remember DTCC management has changed since the BCIT saga began, so has the economic climate on wall street, maybe someone said, its time to clean this mess up. Wishful thinking I know, so don't bash until the game plays out.

IMO
zdon
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