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2012-08-21 — infowars.com
"In other words, if a financial institution fails, clients, depositors and pension funds may not get some or all of their money back in a bankruptcy," writes Dominique de Leveling de Bailleul for Beacon Equity Research.
The Sentinel ruling has legalized the theft of segregated customer funds and pensions by large banks and financial institutions. Moreover, the ruling overrides protection afforded by Federal Deposit Insurance and other government insurance programs and leaves "millions of investors, depositors and retirees unaware that they are no longer account holders of their own funds, per se, but, instead, have suddenly become stockholders of the institution with which they have deposited their money," source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |