http://www.silverdoctors.com/mf-global-2-0-220-million-in-segregated-client-funds-missing-at-broker-pfgbest/
"MF Global 2.0 has hit tonight, as independent broker PFGBest’s customer accounts have been frozen in the wake of founder Russell Wasendorf Sr.’s suicide attempt earlier Monday.
Early...
Charlie Gasparino says the regulators (CFTC) is considering breaking up the CME over their lack of regulation on MF Global:
http://silverdoctors.blogspot.com/2012/01/gasparino-break-up-of-cme-on-table.html
Here is an interesting read about changes in bankruptcy laws that have opened up the door for legal looting on a massive scale when a bankruptcy occurs, via Hypothecation and Repo and derivatives trading. It is a rather long article, but I have quoted selected pieces to make it a faster read...
Has anyone notice the buy-sell spread for physical gold increasing lately, as mentioned below?
http://fofoa.blogspot.com/2011/12/unambiguous-wealth-2-mf-global.html
From our friends at zerohedge: :clap:
http://www.zerohedge.com/news/gold-rehypotecation-unwind-begins-hsbc-sues-mf-global-over-disputed-ownership-physical-gold
Watching the Corzine hearings. One of the examiners reads ZH and just mentioned re-hypothecation...you should have seen the mood in the room change as they scrambled to pretend they didn't know what that meant while everyone's faces turned white as ghosts.
This might be pretty big, if not "the...
I just read that the fallout from MF Global may be as much as 1.22 Billion dollars. Are you fucking kidding me?!?!?
Exactly how is it that John Corzine is not in a cell somewhere being deposed by the AG?? Can anyone here explain to me exactly which part of illegally co-mingling CASH ACCOUNTS...
Gerald Celente wasn't the only big time investor to get burned on the MF Global deal. Lawrence Lepard, a high net worth individual, theorizes that MF Global must have been a deliberate effort to undermine the commodity futures trading complex:
Original source...