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Posts Tagged ‘Edith o’ Brien MF Global assistant treasurer’

Is Jon Corzine “Too Big to Indict”? Part VII

Posted by Larry Doyle on February 25th, 2012 9:07 AM |

Four full months have passed and MF Global customers are still out a reported ~$1.6 billion.

How are these individuals and entities surviving? Will they ever see a return of their funds?  Will the public ever learn what truly happened in those fateful days and hours when this firm went down the tubes?

Don’t hold your breath.

In a not unsurprising manner, we receive word on a late Friday afternoon that the investigation into the MF Global demise may be little more than a case of sloppy controls and compliance. Is this to be believed?  (more…)






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