Radio Interview: "Infinite Rehypothecation-An interview with Nicole Foss"

http://theautomaticearth.blogspot.com/

A Radio Interview.....

http://c-realm.com/

''Any Difference Between Fractional Reserve Banking and Hypothecation?''

the system is designed to protect the brokers/bankers......read more from market oracle...

Hypothecation

"Even though people are now more aware of what’s going on in the financial industry, the question is are they doing enough to protect their assets from being ‘hypothecated’, like in the case of MF Global.

Hypothecation is the practice where a borrower pledges collateral to secure a debt. The borrower retains ownership of the collateral, but it is "hypothetically"  controlled by the creditor in that he has the right to seize possession if the borrower defaults. A common example occurs when a consumer enters into a mortgage agreement, in which the consumer's house becomes collateral until the mortgage loan is paid off."

Re-hypothecation: Max Keiser explains.....

thank you max/stacy...........from rt.com.........

''MF Global and the great Wall St re-hypothecation scandal''

h/p zerohedge........read more............from thomsonreuters.......


"A legal loophole in international brokerage regulations means that few, if any, clients of MF Global are likely to get their money back. Although details of the drama are still unfolding, it appears that MF Global and some of its Wall Street counterparts have been actively and aggressively circumventing U.S. securities rules at the expense (quite literally) of their clients. 

MF Global's bankruptcy revelations concerning missing client money suggest that funds were not inadvertently misplaced or gobbled up in MF’s dying hours, but were instead appropriated as part of a mass Wall St manipulation of brokerage rules that allowed for the wholesale acquisition and sale of client funds through re-hypothecation. A loophole appears to have allowed MF Global, and many others, to use its own clients’ funds to finance an enormous $6.2 billion Eurozone repo bet."