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Message Subject Trillions of Dollars Worth of Stock Certificates and Other Paper Securities Feared Damaged by Sandy
Poster Handle Amy_A
Post Content
How many days will it be before they call Force Majeure on the stock market floor? When they do the banks will be flooded and the collapse will take place.

"chance occurrence, unavoidable accident",[1] is a common clause in contracts that essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, or an event described by the legal term act of God (such as hurricane, flooding, earthquake, volcanic eruption, etc.), prevents one or both parties from fulfilling their obligations under the contract. In practice, most force majeure clauses do not excuse a party's non-performance entirely, but only suspends it for the duration of the force majeure?
 
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