Tuesday, November 22, 2011

CME Boosts MF Global Guarantee - Corzine & Gensler Called to Testify At House Hearing



It is good to hear of the increasing likelihood that the customers will be repaid. It may take some time for full repayment.

It is also good that Corzine, Gensler et al. are being asked to appear before the Congress. The article does not mention subpoenas, or whether the testimony will be sworn.

The facts of the case will most likely be buried under a smokescreen of 'accounting errors' and

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