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Strategies & Market Trends : Americans 4 "No Own - No Sell"
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To: Rande Is who wrote (224)10/2/2001 1:51:56 PM
From: Ga Bard  Read Replies (2) of 455
 
Rande do you know of any other country that forces it citizens that own property (Stocks, bonds, etc.) to have to sign over their rights to that porperty so another element (brokers) can loan the property out as collateral without the rightful owners knowledge or permission to affectively affect that property's value.

Of course Banks that do this have insurance to protect the rightful owners whereas the market does not.

But a loss in value is not the rightful owners fault so should that be proptected by the FDIC because the decision is someone else's decision to serve their best interest not the rightful owner.

Any help would be appreciated.

P2bAAAT & DSAS
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