Friday, November 4, 2011

MF Global: The Mother of All Margin Calls



No, not the credit default implosion of the company itself. This is about the customers whose money was misappropriated.

The treatment of the non-insider investors and speculators by Wall Street is often shameful. This may be one of those times.

I think this has driven some of the recent trading, as the wise guys take advantage of the specs.

Brace for more odd swings in the markets.

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