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To: jongaltsr
SEC = Securities and Exchange Commission
CME = Chicago Mercantile Exchange
MFG = MF Global (not sure about the MF but had you left money with them the MF might be appropriate]

CFTC NO CLUE

5 posted on 07/09/2012 5:50:11 PM PDT by nomorelurker
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To: nomorelurker

CFTC=Commodities Futures Trading Commission - maybe?


6 posted on 07/09/2012 5:51:55 PM PDT by Think free or die
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To: nomorelurker
MFG = MF Global (not sure about the MF but had you left money with them the MF might be appropriate]

MFG = Mann Financial Global. Mann Financial was a small commodities broker that for more than 100 years catered to farmers and others to find their wealth in the futures markets. Corzine was installed as CEO after he lost his bid for a second term as NJ governor. He took the firms money, bet big, lost the bet and STOLE the depositors money to pay off the leverage. Corzine walks the streets today.

This was a once in a lifetime event and under the current regulations could never happen again.

Well, it just did.

8 posted on 07/09/2012 6:02:12 PM PDT by Wingy (Don't blame me. I voted for the chick. I hope to do so again.)
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