MF on the ropes

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stock777

stock777

r


"When the stock price fell below $2, my pecker shrank to this size"\\


IB to bid 1 billion for assets? Are they worth that much?
 
But MF Global's overall capital levels leave it with little margin for error. The company's book equity compares to an eye-popping $41.05 billion of assets, which means if the value of MF Global's assets falls more than about 3 percent, the company has wiped out the whole of its equity cushion and is out of business. Even a 1 percent decline could leave it dangerously undercapitalized.


I thought we had left this shit behind us?

Get the firing squad.

Now.
 
Quote from stock777:


IB to bid 1 billion for assets? Are they worth that much?
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IB is just looking to buy the MF Global futures business. They aren't looking to buy all the garbage assets at the parent company level.
 
Quote from jeb9999:

IB is just looking to buy the MF Global futures business. They aren't looking to buy all the garbage assets at the parent company level.
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Futures brokerage business or advisory services, too?
 
Quote from jeb9999:

IB is just looking to buy the MF Global futures business. They aren't looking to buy all the garbage assets at the parent company level.
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Well, looks like IB couldn't make that work. I always wonder why anyone would pay good money for a failed business. If they couldn't steal it , they shouldn't buy it.

Petterfy doesnt need someone else's headaches.
 
Corswine, another poser who has made a career of betting against black swans with opm, and finally got covering in bird shit.
 
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