Prop Shops and Bank Failures?

Discussion in 'Trading' started by as62705, Oct 12, 2008.

  1. as62705


    Does anyone know much about how a firm like Lehman or Bear going out of business affected prop shops that traded through these investment banks?

    I'm considering joining a prop shop that trades through Goldman, but it requires a capital investment. I'm just wondering what happens when these investment banks go under...any insight is appreciated...