Replies to post #137752 on Bancorp International Group Inc (fka BCIT)

[f1fans]

I'm trying to figure out what bus to be on if or when this starts trading or compensating. The bus of before freeze or the after bus?

I have a whole lot more on the BCIT bus than I do the DTCC bus!!

[mastaflash]

No, imo. Our IOUs come via two sources...1) backed by PinoShares on deposit at DTC, and 2) borrowed on those PinoShares many times over as result of abuse of the SBP at DTC. There is nothing now of course. Our IOUs have ZERO backing at DTC. I don't know of any other case that this has happened.