### Comment:
Is that actually true?  
  
 I mean it’s a bit more abstract than just a balance sheet, since obviously this guy didn’t know what he was doing (he asked what options trading is a little over a month ago), but couldn’t one argue that since it’s RH’s automated system, and they knew about his “cat” and “dog” or w/e that THEY gave him a loan which they knew or should have known he didn’t truly have collateral for?

### REPLY:
I was poking fun at OP's imperfect metaphor. Within the metaphor, from an accounting standpoint, I'm right. Within the metaphor, this is a shitpost and I'm being pedantic.  
  
 RH had a bug, they shouldn't have extended margin to this goober.

### END.