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HomeIs Jon Corzine “Too Big to Be Indicted”? Part III
Posted by Larry Doyle on November 22nd, 2011 4:29 PM |
This commentary runs a little long, but I exhort you to read it in its entirety as it captures the sentiments of readers who are extremely close to or actually “in the MF arena.” Their messages are filled with real pain and anguish which is not found in the media. This is reality. I hope you will want to share this post with your friends. LD
As if $600 million in missing customer funds were not enough, recent news emanating from the debacle that defines the bankruptcy of MF Global puts the estimated misappropriation of customer funds at a cool $1.2 billion. Yes, billion with a B!
Those involved in the markets would easily ascertain that those manning the MF Global ship redirected these customer funds in an attempt to save the ship as it was going down. The customers themselves remain in a state of shock and bewilderment as to how this reality might ever have come to pass.
Meanwhile, the outrage in America burns while the lack of trust and confidence in the markets, the market makers, and those charged with protecting investors grows stronger by the day.
You don’t believe me? Read on and chew on these messages I recently received from people “in the arena”: (more…)
No Quarter Radio’s Sense on Cents with Larry Doyle Welcomes Daryl Montgomery
Posted by Larry Doyle on March 7th, 2010 8:12 AM |
UPDATE: This episode of NQR’s Sense on Cents with Larry Doyle has concluded. You can listen to a recording of the episode in its entirety by clicking the play button on the audio player provided below. Once the audio begins, you can advance or rewind to any portion of the episode by clicking at any point along the play bar.
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Raise your hand if you do not trust Wall Street and Washington.
Raise your other hand if you do not trust the financial media.
Why do I viscerally envision a lot of hands being raised all over America? Because given developments of the last few years, Americans — at an ever increasing rate — are less trusting of Wall Street, Washington, and the media.
What is one to do? Where can one go to embrace honest dialogue focused on real transparency and integrity? You have come to the right place as tonight from 8-9pm ET No Quarter Radio’s Sense on Cents with Larry Doyle Welcomes Daryl Montgomery.
Daryl Montgomery is the organizer of the New York Investing Meetup, a group of 2500 independent investors and traders that provides the public with unbiased economic and market information. (more…)
