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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: NucTrader who wrote (368902)	5/29/2008 5:49:37 PM
From: MythMan	Respond to of 436258

Nice, a cheesesteak head.

To: NucTrader who wrote (368902)	5/29/2008 6:38:05 PM
From: Giordano Bruno	Read Replies (1) \| Respond to of 436258

Some of you might remember me posting about this last week. Well I put in my paperwork to close my account after I closed out all my positions. Unfortunately, when I talked to the just2trade rep, they informed me that NAC has frozen all the accounts and assets! They don't know for how long, but during that time I can't close/transfer accounts, access my funds, or do anything but wait!! Good thing I don't have above their SPIC insurance limits, but I have no idea how long I have to wait to get my check. A week, a month, this is certainly not chump change to me... and would that check even clear?? What is frightening is this tidbit: "The Receiver is currently taking steps to assess the situation and attempt to determine whether customers' funds and securities are adequately protected and whether NACI is a going concern." I get that bad feeling in my stomach, and I keep having visions of those poor folks who lined up at the banks in 1929 and saw that the line was 2 blocks long. More news and updates on their website: northamericanclearing.com [stolen]