Skip to comments.Exclusive: Regulators know where MF Global funds went (George Soros sweating bullets?)
Posted on 12/14/2011 5:47:41 PM PST by jimbo123
Regulators now have a more complete picture of money transfers in the final days of bankrupt brokerage MF Global, but must sort out which transactions were legitimate before more money can be released to customers, a top official told Reuters on Wednesday.
Jill Sommers, who is heading the Commodity Futures Trading Commission's review of MF Global, said regulators "are far enough along the trail" that they know where the money went.
"Now it's just finding out which ones of those transactions are legitimate and which ones of them are illegitimate," Sommers said.
(Excerpt) Read more at reuters.com ...
The regulators work for soros, if you peel enuff layers off.
That alone tells me what I need to know.
By “Executive Order” if nothing else.
Is that horrible Soros a citizen here? If not, why isn’t he in jail or deported and jailed elsewhere? I would look it up but then I’d have to take a shower and fumigate my computer and I don’t wanna right now. :)
“Exclusive: Regulators know where MF Global funds went... and have prepared a false data set to cover it up. “
....and the electorate snoozes - something the DNC is very aware of.
1) We, the taxpayers, will have to pay the bill
However, in exchange for using the cash, firms are required to back it up with high-quality collateral such as U.S. government securities.
2. Nothing will be known for sure until after the election.
Sommers said investigators are now trying to back up thousands of transactions with underlying documentation such as a signature or email to determine whether the customer approved the transfer into a broker-dealer account, a complicated process..
The paper shredder market could have an up tick lately..
Much overtime as well..
Maybe Corzine and Blago can be room-mates at the crossbar hotel
I have always naively believed that the NYSE was the fairest game in town. My father, who was a great influence on my investing patterns told me to never ever invest in the commodities market.
I have been tempted, but took my father's advice. He felt that the commodities market was also a “rigged game.” When I read about how much money Hillary Clinton had made on cattle futures, I said to myself that my dad was right in warning me to keep from investing in this institution.
OK, so now are we going to find out how badly the commodities market was “rigged” so that the George Soros (aka rich and powerful) could fleece the peasants?
I hope that the folks at the NYSE are shaking in their boots, as I have come to believe recently that that market is also not as level a playing field as I had once thought. The recent revelations about how politicians trade and gain money on insider information regarding legislation has shocked me and what I use to believe.
Still it is probably the “most level playing field in the financial world, but still far from level.”
Oh well, it will be interesting to watch how this turns out and if full disclosure occurs or if the rich and powerful are protected.
He’s already a convicted criminal. Lot of good that did.
But alas, we are a highly developed country without a Justice Department ... all we got is Eric the Bigot and his corrupt lackeys!
Kind of satisfying that the “toad-man” will spend eternity where he can’t enjoy his ill gotten gains.
And, his “spawn” will, undoubtedly, have the same fate.
Soros. Isn’t the guy who arranged all those offshore small (under the FEC radar) contributions to Obama’s presidential campaign? Isn’t he also the one who was paying the occutards to protest? I wonder if he could be made to testify by Congress? I would hope Glenn Beck would loan the pubbies his “spooky dude” whiteboard and give them the questions to ask.
Maybe ‘flash’ trading gave you a clue to corrupt practices. I still can’t find where it has been banned by SEC and talk about banning it began in the middle of 2009.
When you sit down at the table to play, look around at the other players. If you can't pick out the fish.....it's you.
For Corzine, it might be more than just a “Weekend at Bernie’s.”