Replies

2 posted on 10/25/2014 8:52:16 AM PDT by dynachrome (Vertrou in God en die Mauser)

4 posted on 10/25/2014 8:53:39 AM PDT by NonValueAdded (Pointing out dereliction of duty is NOT fear mongering, especially in a panDEMic)

If I think someone is ready for it, I hit them with this: Re-hypothecation occurs when a bank or broker re-uses assets pledged as collateral by customers as collateral for its own borrowing. Example: You give a bank collateral. The bank takes that collateral and uses it again. Your collateral is no longer controlled by the bank you gave it to. It's controlled by the bank that the bank you gave it to gave it to. That's re-hypothecation. Read more: http://www.businessinsider.com/why-is-re-hypothecation-central-to-mf-global-2011-12#ixzz3HBFTPb00

21 posted on 10/25/2014 10:52:30 AM PDT by Excellence (Marine mom since April 11, 2014)

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