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From TFA, the problem was not the $700k margin call, it was the lie that a $170k transfer was needed to make the account whole. You're conflating two different
by unanswered 6y ago
From TFA, the problem was not the $700k margin call, it was the lie that a $170k transfer was needed to make the account whole. You're conflating two different issues here.
- djbebs 6y agoThose are one and the same. He was 700k in debt, and needed to transfer 170k immediately or his account would be liquidated to make do on that debt. That isn't a lie, it is quite literally what a margin call is.