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[–] 2 pts

Yeah one company is essentially the depository for the shares. It's been that way forever.

Next thing they're going to tell you is one company prints all the money for the country.

[–] 3 pts

In other news, CEO of company that prints all the money in the country is being investigated by the DOJ.

[–] 1 pt

I think the point is that if your brokerage goes under, you're not transferring anything out and you're last in line to get your money. I won't share info because everyone knows everything already.

[–] 1 pt

The stock market is a house of cards. Always has been.