listening to discussion on mf global...and after hearing some of the dialogue i was wondering in this situation what would happen...
Say AMP (where a lot of people's super is kept)say they "lent" shares out for shorting to say MF Global..
They short the shares then go bust...would AMP get the shares back? And if they dont ,do all super account holders cop the loss, even though they never got permission for the shares to be lent out???
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- here is a very interesting thought
here is a very interesting thought
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