- Joined
- Aug 9, 2010
- Location
- Coral Springs, Florida
I watched a little bit of this yesterday regarding the MF Global Bankruptcy. It looks like despite increased regulation the same games are still be played. It came out that they had levergaged the funds 30 to 1, were using subsidiaries to keep stuff off the regulated balance sheets and still do not know precisely where peoples money went. Apparently it also sounds like some customers accoutns were mingled with the firms accounts.