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Re: Major_Bankz post# 154758

Tuesday, 03/12/2013 2:15:50 PM

Tuesday, March 12, 2013 2:15:50 PM

Post# of 159752
Presumably the brokerages thought they WERE settled through ex-clearing, not realizing what had happened before.

The problem is that we're dealing with a chain of events that started in early 2005. Mistakes were made at every stage, and they culminated in the mess we're all familiar with.

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