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Pastimes : All Clowns Must Be Destroyed
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To: Ilaine who wrote (14313)3/3/2000 9:42:00 AM
From: accountclosed  Read Replies (1) of 42523
 
the stock is definitely collateral.

so doesn't the rest of the analysis follow from that? brokerage a needs to be made whole...and won't release the collateral without being paid. tricky for two brokerages to meet basically at a closing and exchange equities and cash in opposite directions in a very limited time. perhaps could be worked out for a major account...but not the average one.
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