2012-11-03dealbreaker.com

``Trillions of dollars of stock certificates are feared ruined after Hurricane Sandy flooded a vault at the Depository Trust & Clearing Corp, the Wall Street-owned organisation that manages important parts of the US trading infrastructure.

The DTCC houses 1.3m paper certificates for shares, bonds and other financial instruments, including foreign securities, at the organisation's headquarters in Manhattan's financial district.''



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