TSXV:AAA.P - Post by User
Post by
seekingalfalfaon Jan 04, 2012 12:47pm
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Post# 19369129
here's some juicy short targets....
here's some juicy short targets.... looks like at least a couple Canadian banks are making themselves (or at least their depositors) vulnerable to some hard shorting through the practice of rehypothecation..
- Canadian Imperial Bank of Commerce ($72 billion).
- Royal Bank of Canada (rehypothecated $53.8 billion of $126.7 billion available).
2011 numbers...at least that we know about. I'm thinking Canuck bankers ain't all as noble and prudent as they'd like themselves and the world to think they are :-)