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CME Group 100 Billion Backstop - MF Global Bust
- Thread starter Mvector
- Start date
It sure seems like CME group is not showing their hand at this point.
This guy is out six figures from his account cleared through Mother Fuc**** Global - http://www.youtube.com/watch?v=i8lfSVxbQj4&feature=player_embedded
This guy is out six figures from his account cleared through Mother Fuc**** Global - http://www.youtube.com/watch?v=i8lfSVxbQj4&feature=player_embedded
It IS theft. 1.2 Billion "missing" from segregated accounts.
Why hasn't any of these brilliant lawyers pursue the Trustee for Grand Larceny. Client segregated funds are not assets belonging to MF Global.
Quote from PocketChange:
Why hasn't any of these brilliant lawyers pursue the Trustee for Grand Larceny. Client segregated funds are not assets belonging to MF Global.
Not larceny, since they have access to it, it would be embezzlement if Corzine is not able to claim that insane exemption the cftc has in place. Cftc is to blame as much as Corzine. Cme I'm not so sure. Either way, your money is clearly not safe. Doesn't matter the broker, just not safe, it's a sham to think it is. If Corzine did one thing good, at least he exposed the futures industry. We clearly now know, your money can be stolen at any time and you aint getting it back. Further it isn't clear anyone will be punished. So the theft of your money in the futures market appears LEGAL. So now we know.
Quote from Mvector:
This guy is out six figures from his account cleared through Mother Fuc**** Global - http://www.youtube.com/watch?v=i8lfSVxbQj4&feature=player_embedded
Here he is again:
<iframe width="560" height="315" src="http://www.youtube.com/embed/6weHpFCrxdw" frameborder="0" allowfullscreen></iframe>