Dtcc Water Damage

DTCC Says Trillions in Stock Certificates Damaged in Sandy Floodwaters
“At this point, it is premature to make an accurate assessment as to the full impact of the water damage nor would it be helpful to project on what specific actions need to be taken with respect to our vault,” said DTCC Chief Executive Michael Bodson in a statement. “We are aggressively working on this situation to minimize disruption to our clients and will provide additional updates as more information becomes available.Bodson said the DTCC’s computer records are intact and that the corporation has “detailed inventory files of the contents of the vault.”