Join Date: Oct 2008
Location: South Coast Ontario
Thanked 93 Times in 82 Posts
Rep Power: 10
Re: No Sea Trial
If you willing to open your books, you should certainly be willing to leave a deposit.
Further, most folks don't have an audited financial statement at hand, or a tax assessment handy, and few would want to divulge that info to a broker, but most folks keep their credit cards or chequebook with them.
And, quite frankly, if i was a broker, i'd still want a deposit.
Bernie Madoff had a pretty good set of financials to show prospective clients.
It's 5 o'clock somewhere:
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