Home
Gold Investing Strategies Home
04/11/12 08:57
Gold Investing Strategies RSS Feed

'Blog Archive ? MF Global May Have Used Customer Funds In The Losing $6.3 Billion' expats


Better than a link roundup
All listings are the responsiblity of the posters; keep in mind, anyone can post anything!
us
Advertisement:
Want more customers?


Recent Notes and Tags
Search Tags:

Blog Archive ? MF Global May Have Used Customer Funds In The Losing $6.3 Billion

-- expats
Forum Post
11/10/11 10:02
Gold Mine

Blog Archive ? MF Global May Have Used Customer Funds In The Losing $6.3 Billion

Thank author of this post/comment08-Nov (Forbes) - After an intense day of investigation, I have just discovered that a CFTC rule(1.29) allowed Jon Corzine's MF Global to use the margin and cash in customers heretofore segregated accounts to amass a risky $6.3 billion investment in European sovereign debt that backfired. Nor did Corzine have the obligation to inform any of these customers he was gambling with their money. Or that he was intending to keep all the profits for himself and his troubled firm.

The above is a snippet from a post in the USAGOLD News and Views RSS Feed. The link below is for the full post:

Reply Options
Share your opinions, advice, questions or comments on this post.
Be Heard: RSS Feed Digest reply options:

We encourage everyone to share their opinions, comments, thoughts and information, please consider sharing...

Please register or login in to reply to this post:

It is quick, easy and offers many advantages when using our site.
Social Networking

Share this with your friends on facebook, twitter and Google+

Social sharing because it feels good:
 
Related

Some related posts that may be of interest to you.

Related posts:

Related posts on other sites:

Tags and Tagging

Tags help organize related posts and resources by topic.

• liability • leverage • risks • investing • organization • futures • debt • investigation • sovereign debt •
If you would like to add your interests, services and/or notes here, you can register and login with the link at the top of the left column. This page will refresh and the link to set your interests will appear in the left menu.
Have you added a link to us from your website? (1565899539):
  • <a href="http://feeds.goldinvestingstrategies.com">Gold Investing Strategies</a>
  • <a href="http://feeds.goldinvestingstrategies.com/posts">posts: Blog Archive ? MF Global May Have Used Customer Funds In The Losing $6.3 Billion </a>
posts: Blog Archive ? MF Global May Have Used Customer Funds In The Losing $6.3 Billion Copyright (c) 2008-2011 GLR Sales LLC.
(wqozwwzwrrzwoq)

Privacy & DMCA Policy -- Sitemap
posts 'Blog Archive ? MF Global May Have Used Customer Funds In The Losing $6.3 Billion'