InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,344.16
(
0.47%
)
US TECH 100
18,024.00
(
0.56%
)
Dow Jones
39,497.54
(
0.13%
)
Brent Oil
79.49
(
0.00%
)
Bitcoin
61,090.27
(
0.24%
)
Post# of 67010
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

bobhwang

Send PM Follow Ignore
Followers 52
Posts 2226
Boards Moderated 0
Alias Born 07/23/2004

bobhwang

Re: None

Wednesday, 12/14/2011 12:04:12 PM

Wednesday, December 14, 2011 12:04:12 PM

Post# of 67010
refco repeat.

history repeats.

FTD for REFCO was 10 Billion dollars.. So the broker make 10 billion in trades and never secured the assets.. Nobody went to jail for the same reason why Corizine won't and noone from Wachovia(Now Wells Fargo) whom paid a 160 million fine for laundering went to jail.. It's so sickening this is why people are fed up. This is why the retail trading has dried up. The jig is up, people know. They are done. Brokerage houses are laying off in droves..
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up