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HomeThe MF Global Smoking Gun?
Posted by Larry Doyle on June 6th, 2012 9:21 AM |
As with any alleged illicit financial activity, the questions beg: who knew what and when did they know it?
In regard to the MF Global debacle, we have had more of the “I did not know” and “I did not intentionally” type of statements than any of us should have to stomach.
That nonsense may suffice for compliant media and regulators, but fortunately we have others in our nation who take a harder look. Thanks to those at CFO for digging through past Congressional testimony — made under oath — and the recent trustee’s report to find what looks very much like a smoking gun. (more…)
Is Jon Corzine “Too Big to Be Indicted”? Part VI
Posted by Larry Doyle on December 15th, 2011 10:22 AM |
The ongoing saga to determine what may have happened at the critical points of demise within MF Global continues again today.
I once again encourage you to grab both a large popcorn and a barf bag while witnessing the House Financial Services Committee Hearing re: MF Global.
Will the committee members have the balls to drill down and address the critical questions as to who knew what and did what to violate the sanctity of segregated customer funds totaling a cool $1.2 billion at MF Global?
(more…)
