investors armed with CDS 4A forms is the daily order.
a saunter into their offices reveals that they have shut down most of the outsations (cambrian hse etc etc etc) within nbi,and consolidating at the twin towers hq offices.
but do where these investors transfers to? none of the investment banks or brokerage firms can stand tall during this hardship economic times,
secondly,i guess acquiring the trading license should be the simplest tasks of all,especially with this sector that we so trust to be custodian of our wealth. this of course comes with the cost of meeting all the necessary requirements,cardinal among them the liquidity test of the firm. failure by suntra to meet the conditions speaks volume of its volatilty,and vulnerability.
what choices did i have,other than be a statistic of emigrants.
chi20