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Non-Tech : Shorting with Offshore Accounts -- Ignore unavailable to you. Want to Upgrade?

To: peter michaelson who wrote (95)	3/10/1999 11:40:00 AM
From: EightyEight	Read Replies (1) \| Respond to of 127

SO, is the answer to form an IBC in, say, the Bahamas as a first step? Then open a Canadian acct.? No? Yes? Maybe?

To: peter michaelson who wrote (95)	3/10/1999 8:28:00 PM
From: mingus79	Read Replies (1) \| Respond to of 127

Peter, Thanks for the warm welcome. I've refrained in the past from posting largely because I'm afraid it'll be even more addicting than just browsing thru SI posts! However, I pretty frustrated with not being to short the stocks that I'd like to. S

To: peter michaelson who wrote (95)	3/11/1999 6:20:00 PM
From: Bob Rudd	Read Replies (1) \| Respond to of 127

I haven't dug into this IBC approach but history teaches that clever, complex, costly strategies to end run legal barriers often get closed off in ways the leave participants twisting in the wind. Tax-sheltered limited partnerships in the mid-eighties would be a poster child for this. If the Canadians turn down US $ business, they must have good reason and it isn't that they don't want the business. They know there are serious headaches for all concerned and they don't want those. If there are exceptions look real hard for a Vancouver connection...Nuff said.