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Old 04-24-2012, 12:06 PM  
sperbonzo
I'd rather be on my boat.
 
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Join Date: May 2003
Location: Miami, FL
Posts: 9,739
No offense but you don't seem to have a clue about the mechanics of banking. I don't have time to teach you all this stuff, but if you are REALLY interested in knowing what's going on and not merely in yelling from a soapbox about things you don't seem to know anything about , I would suggest you do some studying. I would look up things like "ledger balance", as opposed to "Tier 1 assets", "overnight lending", and how "taking a short position" actually works.

As for glitches in ledger balances, they happen all the time without any funds actually changing hands to anyone, and there is no way to "cover a short" with ledger balances.



I really think that if you are so passionate about this subject you really should take some time and effort to actually learn how it all works. It will give you campaigning a little more weight.



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Michael Sperber / Acella Financial LLC/ Online Payment Processing

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