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<blockquote data-quote="Dioltach" data-source="post: 9227454" data-attributes="member: 21843"><p>It might work for portfolio investments, but those amounts would require multiple sign-offs, and any asset manager would get in touch with the account holder personally to verify instructions.</p><p></p><p>But the thing is, that's not how HNW people hold the bulk of their assets. I remember some mention that Hodgins's family owned several large corporations. That ownership isn't linked to an account anywhere. That's registered. There are transfer restrictions in place, supervisory directors and regulatory authorities whose approval is needed. In many countries, assuming they're multinationals, there are employee participation processes. Selling a substantial interest in a large company is a long and difficult process.</p><p></p><p>Even if the hacker could have forged instructions from Hodgins, I'd bet that the assets aren't held in his own name, but in the family's. The directors of the company would have him declared incompetent and then carry on as if nothing had happened.</p><p></p><p>Real estate, art, Hodgins's collection of cars (Zack used to live above his "garage", which was completely separate from the main house). Those don't just disappear.</p><p></p><p>But yes, I take your point that by this time Bones had long abandoned any pretensions of realism.</p></blockquote><p></p>
[QUOTE="Dioltach, post: 9227454, member: 21843"] It might work for portfolio investments, but those amounts would require multiple sign-offs, and any asset manager would get in touch with the account holder personally to verify instructions. But the thing is, that's not how HNW people hold the bulk of their assets. I remember some mention that Hodgins's family owned several large corporations. That ownership isn't linked to an account anywhere. That's registered. There are transfer restrictions in place, supervisory directors and regulatory authorities whose approval is needed. In many countries, assuming they're multinationals, there are employee participation processes. Selling a substantial interest in a large company is a long and difficult process. Even if the hacker could have forged instructions from Hodgins, I'd bet that the assets aren't held in his own name, but in the family's. The directors of the company would have him declared incompetent and then carry on as if nothing had happened. Real estate, art, Hodgins's collection of cars (Zack used to live above his "garage", which was completely separate from the main house). Those don't just disappear. But yes, I take your point that by this time Bones had long abandoned any pretensions of realism. [/QUOTE]
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