Quote:
Originally Posted by sperbonzo
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.
.
|
Don't bother. I have seen funds clear my bank and then mysteriously reverse themselves within a 2 hour time frame due to fraud. It happens with online transactions, it can happen with checks.
This guy is a clown.