I dont think they “lost” all of this- It is nice and safe in Obama’s campaign fund.
nah, this company took on the idiot Corzine in 2010 and he almost immediately gambled on CDS high risk investments with client money-
“commingled” is the polite term for stealing
Basically under Corzine’s short leadership the investment firm hoovered out money from client accounts, gambled and lost
(I read that Gerald Celente lost the value of his 6-figure precious metals account)
Tyler Durden (ZeroHedge) published an Ann Barnhardt rant last week- excellent
I guess the idiots who knowingly stayed invested in M-F Global thought Corzine’s political connnections were too big to fail