Ah Timber
are we getting close? Not exactly a banker but connected to clearers! Well it was clearing agents who refused information as to who was on the other side of the of Corzine's loss of one thousand six hundreds million dollars of our stolen client segregated money.
JPM and CME did as much as they could to help THEMSELVES. Like JPM holding back funds. Like the CME not being party to laws being changed to make it illegal for brokers to trade with client segregated funds.
JPM asked for the documentation on what they figured was illicit funds. Did not get it, but followed through with that trade.
CME went about helping pay us the equivalent while the stolen funds were at the time still stolen. Why? To save lack of trust in their exchange and broking. Were we allowed to immediately withdraw the initial return from the administrator. NO. Were we allowed to trade with it. YES.
Your a funny risk consultant.
And I do believe alot of what I learn from the internet. esp more than what comes across our mainstream news.
But I doubt you followed it "very closely". Maybe subjectively?
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