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To: RinaseaofDs; jeffc

I confess, even though I’ve been investing is stocks for quite a while, I have no idea of the inner workings of a trade especially the role of the clearing house. It was one of those esotoric things that always seem to work - sort of like a carburetor in a car.

I thought it was illegal to sell or lend stocks you don’t own. Why isn’t Citadel being charged with fraud?


27 posted on 01/30/2021 8:22:28 AM PST by aquila48 (Do not let them make you care! Guilting you is how they control you. )
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To: aquila48
sort of like a carburetor in a car.

The car and the carburetor exist in the physical world.

Financial transactions do not.

It does not matter...until it does.
32 posted on 01/30/2021 8:31:43 AM PST by cgbg (A kleptocracy--if they can keep it.)
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To: aquila48

It pays to have friends high up in the Uniparty.


40 posted on 01/30/2021 8:41:29 AM PST by comps4spice (Progressivism is a threat to life and liberty in the USA.)
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