Talk of Worst Recession Since the 1930s

[PadreBrian]

What’s the best way to transfer stock out of e-trade without selling? Maybe ameritrade, let’s say?

[Dougie944]

Call up another company (ie. TDAmeritrade) and they would be happy to walk you through the process and also give you a hand in moving your funds.

[Dougie944]

Call up another company (ie. TDAmeritrade) and they would be happy to walk you through the process and also give you a hand in moving your funds.

[Dougie944]

Call up another company (ie. TDAmeritrade) and they would be happy to walk you through the process and also give you a hand in moving your funds.

[Dougie944]

Call up another company (ie. TDAmeritrade) and they would be happy to walk you through the process and also give you a hand in moving your funds.

[4plexowner]

SIPC is as under-funded as FDIC

As long as only a few people lose money SIPC and FDIC will be able to cover losses

In a significant meltdown both of these programs will be overwhelmed and are likely to hand out chits or vouchers instead of US dollars

These vouchers will be legally redeemable the same way that US dollars are (by fiat) but the vouchers are likely to trade at a discount to US dollars (they will be new and people won’t trust them)

I am seeing different answers as to whether SIPC would reimburse you before or after any bankruptcy proceedings – ‘your’ stock may be considered an asset of the failed business and NO bankruptcy judge is going to release business assets until the main creditors have been paid (if you have to ask whether you are a main creditor or not, YOU AREN’T)

Protect yourself

[4plexowner]

SIPC is as under-funded as FDIC

As long as only a few people lose money SIPC and FDIC will be able to cover losses

In a significant meltdown both of these programs will be overwhelmed and are likely to hand out chits or vouchers instead of US dollars

These vouchers will be legally redeemable the same way that US dollars are (by fiat) but the vouchers are likely to trade at a discount to US dollars (they will be new and people won’t trust them)

I am seeing different answers as to whether SIPC would reimburse you before or after any bankruptcy proceedings – ‘your’ stock may be considered an asset of the failed business and NO bankruptcy judge is going to release business assets until the main creditors have been paid (if you have to ask whether you are a main creditor or not, YOU AREN’T)

Protect yourself

[4plexowner]

SIPC is as under-funded as FDIC

As long as only a few people lose money SIPC and FDIC will be able to cover losses

In a significant meltdown both of these programs will be overwhelmed and are likely to hand out chits or vouchers instead of US dollars

These vouchers will be legally redeemable the same way that US dollars are (by fiat) but the vouchers are likely to trade at a discount to US dollars (they will be new and people won’t trust them)

I am seeing different answers as to whether SIPC would reimburse you before or after any bankruptcy proceedings – ‘your’ stock may be considered an asset of the failed business and NO bankruptcy judge is going to release business assets until the main creditors have been paid (if you have to ask whether you are a main creditor or not, YOU AREN’T)

Protect yourself

[4plexowner]

SIPC is as under-funded as FDIC

As long as only a few people lose money SIPC and FDIC will be able to cover losses

In a significant meltdown both of these programs will be overwhelmed and are likely to hand out chits or vouchers instead of US dollars

These vouchers will be legally redeemable the same way that US dollars are (by fiat) but the vouchers are likely to trade at a discount to US dollars (they will be new and people won’t trust them)

I am seeing different answers as to whether SIPC would reimburse you before or after any bankruptcy proceedings – ‘your’ stock may be considered an asset of the failed business and NO bankruptcy judge is going to release business assets until the main creditors have been paid (if you have to ask whether you are a main creditor or not, YOU AREN’T)

Protect yourself

[Author]

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