Skip to comments.$600 million missing at MF Global (Where's Occupy Wall Street? Company run by Liberal Democrat)
Posted on 11/02/2011 6:33:27 PM PDT by tobyhill
A government regulator said in court Wednesday that roughly $600 million is missing from the books of bankrupt brokerage MF Global.
The firm, headed by former New Jersey governor and Goldman Sachs CEO Jon Corzine, filed for Chapter 11 protection on Monday following a panic from investors over its holdings of risky European debt.
"MF Global has discovered a shortfall of segregated accounts of around $600 million," a lawyer with the Commodity Futures Trading Commission said, adding that this is a preliminary figure that could increase.
This past weekend, executives at MF Global had been scrambling to sell the firm to Interactive Brokers, but the missing money scuttled the deal and forced it into bankruptcy, regulators said this week.
(Excerpt) Read more at money.cnn.com ...
Occupy is a 110% fake movement. Its purpose is to create more fraud by enlarging the government.
And not a hint of his party affiliation in the article - I’m shocked!
By Thanksgiving Corzine will be called a Republican donor to the Cain campaign.
Corzine will soon be leading the “Occupy Jail Cell” bunch.
follow it. it will take you to Barack Obama's doorstep via Chicago and through Europe.
Nothing to see here...
Now, back to our wall-to-wall lynching of Herman Cain...
This will even make Bernie Madoff blush.
Hell, that's nothing compared to what our govt. pisses away in a single day.
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