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MF Global full payback to customers unlikely
- Thread starter Retired
- Start date
This is 100% proof the SEC, CFTC are totally corrupt.
Every trade, ticket, bank deposit and transfer leaves an electronic paper trail.
Finding out "who" got the 1.6 Billion in customer funds would take less than 1 hour at MF's Bank.
Corzine has not been arrested. Nor has he been charged. This is PURE CORRUPTION.
Every trade, ticket, bank deposit and transfer leaves an electronic paper trail.
Finding out "who" got the 1.6 Billion in customer funds would take less than 1 hour at MF's Bank.
Corzine has not been arrested. Nor has he been charged. This is PURE CORRUPTION.
What gets me is the level of corruption going on here.
It's enough when a dirtbag like Madoff or Corzine rob a couple billion.
But then enter regulators, like the SEC, CFTC, DOJ, who do *nothing* about it...
Then, the media, like the worthless sacks of shit at CNBC and Bloomberg, whose sole job it is to cover financial news, do they make any noise? Raise hell? Nope. Nothing.
And people laugh at the idea of conspiracies. That's a conspiracy, right there.
It's enough when a dirtbag like Madoff or Corzine rob a couple billion.
But then enter regulators, like the SEC, CFTC, DOJ, who do *nothing* about it...
Then, the media, like the worthless sacks of shit at CNBC and Bloomberg, whose sole job it is to cover financial news, do they make any noise? Raise hell? Nope. Nothing.
And people laugh at the idea of conspiracies. That's a conspiracy, right there.
Quote from achilles28:
This is 100% proof the SEC, CFTC are totally corrupt.
Every trade, ticket, bank deposit and transfer leaves an electronic paper trail.
Finding out "who" got the 1.6 Billion in customer funds would take less than 1 hour at MF's Bank.
Corzine has not been arrested. Nor has he been charged. This is PURE CORRUPTION.
This should be an election issue, with him bundling for Obama, with the Justice Department totally ignoring it (but bungling all sorts of other things), etc. Candidates have made bigger deals out of lesser issues.
But I won't hold my breath on that. The average voter won't know anything about "MF" except that it's an acronym for an expletive.
Quote from jsp326:
This should be an election issue, with him bundling for Obama, with the Justice Department totally ignoring it (but bungling all sorts of other things), etc. Candidates have made bigger deals out of lesser issues.
But I won't hold my breath on that. The average voter won't know anything about "MF" except that it's an acronym for an expletive.
Good point. I don't hear Romeny talking much about fast and furious, either. Probably because it started under Bush...
Funny how this website is called Elitetrader but no one seems to have had any Funds at MF Global. Does anyone here on this site actually TRADE???
I had a small American based futures account in MF Global.
Was lucky to have pulled $25,000 out one quarter before the debacle. Left $2300 in the account to keep it open. Have received 72% thus far.
Will probably get bumped up to 80% and that's it.
I had a small American based futures account in MF Global.
Was lucky to have pulled $25,000 out one quarter before the debacle. Left $2300 in the account to keep it open. Have received 72% thus far.
Will probably get bumped up to 80% and that's it.