HOUSE PANEL WILL HOLD HEARING ON MF GLOBAL FAILURE ON DEC. 15
Quote from atticus:
A tough call. His ego and background in (sic) public service will compel him to talk, but my guess is that he will plead the 5th. Sociopaths love to testify, but his lawyer will forbid it. Those EU outrights, repos and commingling of funds was all his doing.
In early 2008, a [MF Global] rogue trader racked up $141.5 million in losses in unauthorized trades that exceeded his trading limits. It seems he accomplished this in under seven hours.