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To: opentalk
MF zerohedge

This happened with another big future’s house back in 2005. That was Refco. In that case there were significant client account losses. Of historical interest:

-Phil Bennet, the boss at Refco, went to jail for 12 years.
-Man Group bought what was left of Refco (they were good futures brokers).
-Man became MF Global. Rinse and repeat.
The history is relevant as it is more evidence that Corzine and MF management HAD to know that commingling was the ultimate no-no. It was part of their history.

13 posted on 11/03/2011 10:00:16 AM PDT by opentalk
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To: opentalk
MF Global executive was invited to the G20 meetings and briefed the G20 on the markets

MF Global advised the G20 on Commodities and Chinese Government! Everything you want to know about MF Global! arrest them all immediately including Jon Corzine!

14 posted on 11/03/2011 10:11:05 AM PDT by opentalk
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