Follow the initial announcement of the forex loss, the story is unfolding now. More banks/financial institutions start to lay claim and they are preparing for some court action. As predicted initially, the level of damage is unknown. Would the reputation being hurt? Would the legal proceeding charges eat into the bottom line? I think all is too complicated to predict and calculate. Broker has flip flopped with their recommendation also. One moment is buy, another moment is neutral What ever it is, I dislike uncertainty and not intend to risk my capital.
Part 1
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