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neo,
I am afraid you are exactly right. That's why they can afford to offer this
kind of protection.
Incidentally, I am hereby offering insurance to pay for and cover in full
all of a person's food expenses incurred after his demise. Up to 25 million.
Impressive, huh?
Michael Suesserott
-----Ursprüngliche Nachricht-----
Von: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]Im Auftrag von neo
Gesendet: Saturday, November 18, 2000 20:50
An: metastock@xxxxxxxxxxxxx
Betreff: RE: Broker Financial Security
>>>Lionel,
most brokerages provide insurance of only $ 100,000 for cash claims, while
securities are usually protected up to about 25 million.
Regards,
Michael Suesserott<<<
In a market meltdown at what price would your security be protected? If it
is after the meltdown and your securities are worth next to nothing then so
is the insurance?
neo
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