Guilty As Sin And Free As A Bird – Corzine Edition
Hey, I’ve got good news and bad news this fine and wonderful morning. The good news is that there may well be a new investment opportunity for those of us eager to improve our financial means. The bad news is that it consists of a hedge fund run by none other than Jon “I simply do not know where the money is” Corzine. If this | Read More »
MF Global: Wall Street Fraud Extends Down To The Farm.
The amount of customer money missing from the collapsed trading firm MF Global may be more than $1.2 billion — double previous estimates — the trustee dismantling the firm’s brokerage unit said on Monday. (HT: Dealbook.com) MF Global blew up like the HMS Hood and took $1.2 Bn in customer funds down to Davy Jones’ Locker along with it. The Chicago Mercantile Exchange now has | Read More »