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    Traders up for a pint in London

    Just popped in and picked up this message - Sharky always up for a pint in the city - weekdays - an old amigo - Informer x
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    MF Global Spreads has ceased to be

    Hi All I can confirm that following the initial dividend received via KPMG a few weeks ago I have now received the total balance owed by MF Global ( less than 50k ) and paid by the FSCS. With whom should I lodge funds in the future ?????? Wishing you all and especially Howard every...
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    MF Global Spreads has ceased to be

    No worries Hacks - all tongue in cheek - just struck me as ironic.... Have encountered some very brave people on Bulletin Boards over the years - whether you agree or disagree with a posters view it is never acceptable to insult them. To retaliate with counter abuse only brings you down to...
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    MF Global Spreads has ceased to be

    Quite unbelievable to be able to dowload such important information open to serious abuse in the wrong hands............... .............. and then my word the complete name and address of the bloke who had referred to one of my earlier posts as idiotic - AND would you believe he lives no more...
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    MF Global Spreads has ceased to be

    SB thanks for that - it is the very same Howard I am sure. Brilliant Howard - I can see where you are coming from and with that sort of personal money at stake why should you accept the constraints of the system. Hit the b*******s where it hurts and hope you get every penny back. On my part...
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    MF Global Spreads has ceased to be

    Exactly Trad however I am still willing to listen to Howards advice on how to get £60k back in a week !!! Howard when you have cleared funds safe back in your account perhaps you will enlighten us as to your method of recovery.
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    MF Global Spreads has ceased to be

    We are still hoping that you will enlighten us as to how we also might acheive such a positive result and so quickly. Or is the FSPC a figment of your imagination ????
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    MF Global Spreads has ceased to be

    Howard - if you refer back to Lplates original post 87 on 9th Feb you will note that it was he that mentioned 'lazy' MF global clients to which I responded although somewhat sarcastically in support of your goodself. Perhaps you could break down my recent post to explain exactly what part of it...
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    MF Global Spreads has ceased to be

    As expected recent Supreme Court hearing ( re Lehman Brothers ) sets precedent and rules that both segregated and non-segregated monies to be treated as same - KPMG suggest that in the case of MF Global this will result in a substantially reduced payout ??? I have received first divi of 26p in...
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    MF Global Spreads has ceased to be

    The calculation in Stirling or Dollars was never in question merely that the administrators blurb suggested that payment would be made in Dollars and any exchange commission charged by the clients bank would be required to be covered by the client. "nob jockey " is that an affectionate term...
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    MF Global Spreads has ceased to be

    Scose "Isnt 26c in the dollar 26% ?? Are you sure you are not my missus in disguise - she has a degree in the bleedin obvious ! Lplate " ....lazy MF customers ?? likely to miserably fail the Theory Test. Howard0181 - how lazy can you be in depositing 60k into an segregated MF Global...
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    MF Global Spreads has ceased to be

    As predicted KPMG are hoping to make an interim payment of verified Client Monies to the tune of 26cents in the Dollar ??? Why Dollars - I lodged £'s into a Sterling A/C ? I understand the interim will be paid directly into my UK A/C ( I can choose which one ) but I will be charged for any...
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    MF Global Spreads has ceased to be

    In addition to lodging claim for cleared personal funds lodged with MF Global have also lodged claim with FSCS - dont really care who compensates as long as I get 100%. I agree why should a well run honest SB company have to pay for the failings of a Rogue competitor ? Bottom line clients...
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    MF Global Spreads has ceased to be

    KPMG state that they have so far recovered 82% of Client Monies ( £594 million ) the remainder being largely held by affiliates and in particular MF Global Inc. That suggests approx £130 million unlikely to be recovered. Assume we will get dividend from KPMG with the shortfall being paid by...
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    MF Global Spreads has ceased to be

    Those with client money tied up with MF Global in Administration have been notified by KPMG that funds have now started to be reclaimed from third parties and an Interim Dividend is intended to be paid - but not until well into next year. Apparently clients will be required to prove their debt...
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