Jim’s Daily Rant. If $100 Billion Stock Loss Is Not A “Glitch” . .

and if it was real losses to those 50 stocks, what impact will that have on banks that hold them as loan security?

They will immediately have to issue Margin Calls from those borrowers to put up more collateral or demand loan payoffs immediately.

In the meantime, the banks will also have to put up more Capital or be declared bankrupt.

Stay tuned Folks.

See: New York Stock Exchange chaos as Berkshire Hathaway and other stocks worth over $100B plummet by 99% due to 'technical issue'.