To: ralfph who wrote (5243 ) 11/20/2003 12:12:05 PM From: marcos Read Replies (1) | Respond to Around eight years ago i had a bunch of bank stock with a full-service broker, they used to split it up on the statements, put some under a category they called 'segregated', these were the ones they'd loaned out to shorters .... it would tend to be odd numbers, for instance if you had 2k of something, they would show 1173 shares segregated, and the rest not [integrated, presumably?] .... this wasn't supposed to have any effect on me, and it didn't, until one time they got their long division or addition wrong, and they started adding the odd number to original whole number of shares, to get the total held .... like in the above case, they would show 2k free of encumbrance, plus 1173 segregated, for a total of 3173 ..... this was great, i definitely liked their attitude, only problem was i didn't notice it until after they sent me a note saying they were adjusting it back to the correct figure .... they'd made the mistake on four or five monthly statements, but i hadn't read them, just always kept a running balance in my head ..... for a long time afterwards, i read their statements carefully, checked arithmetic etc
