it's still not quite precise enough of an analogy Del!
first, the broker came to you and begged you to give him permission to buy in to a stock for you....
you in turn said no, ONLY IF THE STOCK hits X amount and under X conditions, will you give him permission to buy in to that stock.
your broker said fine, and signed the agreement with you to ONLY buy the stock with your money under those key conditions...
your broker, proceeded to buy the stock with your money even though, the stock never met the measures of your signed agreement, or never hit X amount or the X conditions.
Who should be held accountable for the purchase of that stock?
i see your point cares, but i think ultimately it is my responsibility for signing the agreement. that doesn't mean that the broker is blameless, but i have to take responsibility for misjudging the broker's integrity, imo.
absolutely!!! so, so true, as well!!!