MF Global: 1.2 Billion missing

[Banjo]

http://www.marketwatch.com/story/mf-global-trustee-12-billion-missing-2011-11-21-1136460

Jon Corzine should be drawn and quartered.

 

[cstfx]

Quote from Banjo:

Jon Corzine should be drawn and quartered.

New Jersey residents felt like doing this years ago.

 

[atticus]

Skadden Arps lied to the court when they stated that all funds were accounted for and in custody at Chase, et al. A complete scam from to bottom. Rumor is that the actual number is ~$2Bn.

Corzine will be doing time. Abelow should not be allowed to continue. I can't believe he's still there.

It appears that accounts may take a haircut of 50%.

 

[Rodney King]

Quote from atticus:

Corzine will be doing time.

He's safe till at least Jan 2013...

 

[atticus]

Quote from Rodney King:

He's safe till at least Jan 2013...

Obama is scum (and I am a liberal), but he'll allow Corzine to twist.

 

[stock777]

Quote from Banjo:

http://www.marketwatch.com/story/mf-global-trustee-12-billion-missing-2011-11-21-1136460

Jon Corzine should be drawn and quartered.

u just figured this out?

 

[jem]

Quote from atticus:

Skadden Arps lied to the court when they stated that all funds were accounted for and in custody at Chase, et al. A complete scam from to bottom. Rumor is that the actual number is ~$2Bn.

Corzine will be doing time. Abelow should not be allowed to continue. I can't believe he's still there.

It appears that accounts may take a haircut of 50%.

skadden arps lied? Former GS Investment bankers steal customer money?


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[MKTrader]

Quote from Banjo:

http://www.marketwatch.com/story/mf-global-trustee-12-billion-missing-2011-11-21-1136460

Jon Corzine should be drawn and quartered.

If not for the connections with Obama (Corzine's his biggest Wall St. fundraiser) and Soros, the media would be much harsher on MF and Corzine.

http://www.worldnewstribune.com/?p=1280

 

[Pekelo]

Quote from MKTrader:

the media would be much harsher on MF and Corzine.

Madoff screwed investors, Corzine screwed traders. Big difference in the eye of the public...Average Joe might think speculators are leeches and had it coming.

That is a perfectly good explanation, why there is much less interest. Also, after Madoff, everything looks like small change...

 

[Rodney King]

Quote from Pekelo:

Also, after Madoff, everything looks like small change...

The eventual recovery for Madoff investors could result in a net shortfall (versus invested capital, not including fictitious gains) smaller than MF's. Corzine may go down in history as the bigger criminal, measured in $s.