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Re: 567tbd post# 16803

Tuesday, 10/18/2011 5:11:00 PM

Tuesday, October 18, 2011 5:11:00 PM

Post# of 222429
Of course it's all about the $$. That is the stock market and stating the obvious. The DTCC's "financial responsibility" is for their business they are in and involves choosing who to do business with or what they charge for that service to make profit. Thats is what our whole society is based upon.

Maybe they should put out a little sign saying "we reserve the right to refuse anyone".

It's just the cold facts that the whole cannot be comprised for just a few, "you can't please everyone all the time", and that there will be a few that may not deserve to go by the wayside. I don't see any possible situation that any system can be 100%, but as long as it succeeds for 90%, and continuing effort to improve, thats acceptable.

War on fraud is fought with the fact that it will be killing a few in "collateral damage". I guess it will just have to be put into that category. May not like it, there will be flaws and always needing improvement, but it has to be. Our financial worth and this pink paradise for crooks and thieves cannot go on the way it is, and drastic measures must be implemented.
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