Post by shoelessjoejackson on Oct 14, 2007 11:26:01 GMT -5
As a passing thought due to grandfather leaving tomorrow,Jeffries popped into mind.
You will all remember that it is the brokerage that had settled trades of aprox 113 billion fail to deliver cmkx shares.
Jeffries showed up at the SEC hearing for cmkx in 2005 with a letter in hand admitting this ftd to the sec and all the watching world.
Sooooooooooooooo how did they settle this FAIL TO DELIVER?
Did they do it on the open market?
Did they do it in a private settlement? with whom? How much?
Is it still an open issue about to be settled on or after October 15th?
Since it was an error (computer glitch as i recall) Is it being handled by their insurance carrier? (error and omission?)
We sometimes grasp at thoughts and ideas of what is going on with our investment and get very little help from the company,as it is.
But I offer today JEFFRIES as one reality which still has not come to light.
Scratch your head with me and let me know what your answers are. I have none.
good luck and God Bless us All
You will all remember that it is the brokerage that had settled trades of aprox 113 billion fail to deliver cmkx shares.
Jeffries showed up at the SEC hearing for cmkx in 2005 with a letter in hand admitting this ftd to the sec and all the watching world.
Sooooooooooooooo how did they settle this FAIL TO DELIVER?
Did they do it on the open market?
Did they do it in a private settlement? with whom? How much?
Is it still an open issue about to be settled on or after October 15th?
Since it was an error (computer glitch as i recall) Is it being handled by their insurance carrier? (error and omission?)
We sometimes grasp at thoughts and ideas of what is going on with our investment and get very little help from the company,as it is.
But I offer today JEFFRIES as one reality which still has not come to light.
Scratch your head with me and let me know what your answers are. I have none.
good luck and God Bless us All