If so, move it to a local bank or S&L. Do it now. Because what happened at MF Global seems to have been legal under U.S. rules: The brokerage firms can use your cash as security for their obligations.
I'm surprised that someone hasn't by now gone looking for Jon Corzine with a pair of flexi-cuffs, a soldering iron and a .44.
(H/T)
Smarter than
2 days ago
Seriously? Once you've got the cuffs and soldering iron, do you need a specific caliber?
ReplyDeleteShe said 44. I'm assuming that's 44 mag.
ReplyDeleteAnd yes the caliber can be important depending on how messy you want to be.
Joe, you want the terrified broker to shit his pants when he stares down the barrel of a gun which looks about as big as the Holland Tunnel.
ReplyDeleteRuckus, a .44 Special would work just as well.
EBM
ReplyDeleteYes any .44 would do for pants shitting, but I was thinking of the exit wound. Which of course at close range would not change the outcome one bit.