> Their biggest asset is $3 billion in "funds held for customers", which, if they show that on their balance sheet, is not the property of the customer. It's money they owe their customers. They're acting as a bank.
If they're showing those funds as an asset and not a liability, that's a not a good thing. They're claiming ownership of those funds... Personally I'd run away as fast as possible.
This comment (and Animats's parent comment) shows a fundamental misunderstanding of how a balance sheet works. Balance sheets balance: the funds are an asset, but there is a symmetrical liability due back to the customer.
If they're showing those funds as an asset and not a liability, that's a not a good thing. They're claiming ownership of those funds... Personally I'd run away as fast as possible.