flu wrote: It’s not ok for

[enron_by_the_sea]

[quote=flu]
It’s not ok for individuals to rip off IOU holders at discounted prices…

However, it’s ok for banks/institutions/brokers with “licenses” to rip off IOU holders….

[/quote]

LOL. USA is different. Here if you want to rip off someone, you need to get a license to rip off first.