Replies to post #654022 on NorthWest Biotherapeutics Inc (NWBO)

[exwannabe]

DD, here is another thing you might want to clarify with BARD. The distinction between a Broker and a Money Maker. Thus if I have an account with my broker, say TD, with whom I place an order to buy some shares in ABC company, and TD in turn places this order with say Market Maker Citadel and the order is executed. What happens if TD goes bankrupt, and what happens if Citadel goes bust. I believe that the Brokers are insured up to some limit should they go bust?

First, if a MM goes BK it is the DTC that gets stuck with the loss. The only way this dribbles back to brokers is if the DTC ($87 trillion in accounts) goes BK. And that would a 1929 level event.

Second, Bard is little more than a search engine on steroids. The net if filled with crazies on this subject, And that is Bard's world.