These would be the same rating agencies that rated all of those worthless debt-backed securities as Triple-A, would they?
"Scam artists are following the headlines and pushing worthless securities."
Instead, the banks ran up huge piles of bad loans to industrial concerns in which they held interests and found themselves holding piles of worthless securities.
He issued worthless securities and later counterfeited Italian government bonds.
They're exposed, with worthless security.
Should 7 percent of those issues fail, individual investors and mutual funds would have $900 million in worthless securities.
Potential investors are being asked to throw away their money on a worthless security.
The complaint, however, does not deal with the fact that customers were sold worthless securities, for that is perfectly legal.
Looking beyond it, Bert saw the open box, with its bundles of worthless securities and other evidence of the swindles mentioned in the note.
He was, rather, a guy you could call to get help if you needed to rig a stock or find a way to cash in some dubious or worthless securities.