News Focus
News Focus
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pontalba

08/14/08 8:27 AM

#256136 RE: jimmym4 #256134

Nope, jimmy, there are 3 billion in due from fails. learn double entry book keeping. And fails are not naked shorts, are they?
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IQ1

08/14/08 8:56 AM

#256139 RE: jimmym4 #256134

"How would you like it if every week the bank missed 50.00 in bills you paid out of your checking account..and when you called to complain they said..Oh Well it is the cost of doing business..
Just deal with it"

Exactly my point
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rics1997

08/14/08 10:22 AM

#256151 RE: jimmym4 #256134

Because 99% of those fails are covered in a timely manner. That is the problem with NS gurus, they don't tell you the whole truth because if they did then the problem wouldn't look as bad as they want you to believe. And if you don't believe the problem is huge then they can't blame pinky scams on NS which these gurus are apart of. Of course should there be that many fails to begin with, no because many are too lazy to get it covered when they should. But the fact is that 99% does get covered and it wasn't for manipulation just laziness. But 1% is a problem that should be address. But again that 1% doesn't sound bad enough so they abuse the numbers to make it look worse then it is.