You go to Vegas and put $5,000 on the roulette wheel and it breaks, it's like, hold on, I'm not going to do that.
I like this analogy. You want to play the market, fine. But if NASDAQ breaks, is that really part of the game?
I like this analogy. You want to play the market, fine. But if NASDAQ breaks, is that really part of the game?
Having had something similar happen to me, I know how much it sucks. You accept its a possibility, but don't really believe it will happen until it does.
EBay's an open market with buyers and sellers and people just take it for granted they'll get screwed by EBay/PayPal at some point in their lives. I understand that there is probably more at stake in the NASDAQ than on EBay, but their Risk/Compliance department should have advised the principles of his fund to hold some capital off to the side for a situation like this.
Casinos can say "technical error!", but there is an advocate for the player in this situation. Usually. (Avoid Indian casinos in the USA for this reason).