In light of the current economic crisis, it's important to educate yourself on the stability of your investments and where they will relocate if your
brokerage firm closed its doors for good.
In virtually all cases, when a brokerage firm ceases to operate, customer assets are safe and typically are transferred to another registered brokerage firm. Multiple layers of protection safeguard investor assets. Registered brokerage firms must keep their customers' securities and cash segregated from their own so that, even if a firm fails, its customers' assets will be safe.
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Thanks for setting up an economics-oriented blog in a language everyone can understand. You are really a credit to us working-class folks. Please visit our blogsite at http://boneseconomics.blogspot.com and at
http://thenoviceinvestor.blogspot.com
P.S. Regarding pig feeds, is it of primary importance that hog or pig feed be organically produced and free of Genetically Modified Crops as ingredients?
I recently visited http://boneseconomics.blogspot.com
check out their take on the Bernard Madoff hedge fund that really is a pyramid scheme scandal.
I grew pigs as a hobby in our provincial townhouse and given that the vegetables and grain that I feed them I grew on the spot without any artificial fertilizers and pesticides - I only use compost - my method of hog raising is probably one of the most organic on the face of the planet.
P.S. and my pigs really taste good. lso check out
http://sternfinance.blogspot.com
for a ringside view of the Wall Street financial meltdown. For they are an NYU based blog by the way.
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