Penson Worldwide

[cottonpicken]

Penson(PNSN) is going down,if your doing business
with anyone who clears through them,get out.

[Kodiak]

Is this the Bear Stearns of 2012? I'll never forget the Sunday night that operation went down.

Penson has been in big trouble for a while, so this should be no surprise. Looks like their debt holders won't exchange for equity.

The Penson website it still up. No changes there......

[rhoff]

I know questrade used them does anyone know if
they still do?

[sumdumguy]

Canadian banks should never have been allowed
into the brokerage business, and as far a global
banking, we may as well just turn the country
over to pirates!

The on-line application process for social
programs are paying out continuously to ineligible
applicants because foreigners spend all their
spare time sitting on computers applying
indescriminately and receiving weekly payments
into theor bank accounts. I was shown proof of
this by a foreigner the other day. He pulled up
his bank account on my computer and showed
me the payments. I can't begin to guess all the
handi-cap programs that they are applying to.
This ia our open-door policy. Are we dumb, here
in Canada!