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/biz/ - Business & Finance

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>> No.55678251 [View]
File: 75 KB, 1571x600, retard.png [View same] [iqdb] [saucenao] [google]
55678251

>>55678210
Literally nobody said that you dumb fuck. Holy shit look retard pic related. If a brokerage goes tits up you cannot buy, or sell until it gets reacquired. It's not rocket science, and it's something you can easily google. Just because me, and the other retard agreed on something does not make us the same person, and neither of us said it wipes out their fiduciary obligation to buy-back shares.
>but picture say other firm buy from other firm
Yes in a normal situation that is what would happen, but if brokers are in deep shit like MMs, and hedge fundies then it will be a domino effect of one brokerage shitting the bed after the other.

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