rsh01
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a little old news now but great interview....
MUST LISTEN...Ann Barnhardt explains MF Global ( Mirror marcchabotyt ) - YouTube
so the main unprecedented criminal corporate behaviour which went down:
1. MFG froze customer accounts before filing for bankruptcy
2. CME transferred customer funds to 3rd party clearing funds and customers were then asked to deposit margin again for any open trades
3. Bankruptcy trust allowed to claw back any deposits withdrawn by customers
f crazy stuff. and then she mentions that MF Global are still trading!!!
MUST LISTEN...Ann Barnhardt explains MF Global ( Mirror marcchabotyt ) - YouTube
so the main unprecedented criminal corporate behaviour which went down:
1. MFG froze customer accounts before filing for bankruptcy
2. CME transferred customer funds to 3rd party clearing funds and customers were then asked to deposit margin again for any open trades
3. Bankruptcy trust allowed to claw back any deposits withdrawn by customers
f crazy stuff. and then she mentions that MF Global are still trading!!!