MF Global Update - Why the Puzzling Delay and Lack of Disclosure? - JPM Jumping Queue?

Here is what I think and what I hear based on news and information from a variety of sources.

Obviously I cannot know the exact details or all the facts. And this becomes a little more speculative than normal, but that is the consequence of the lack of information and the cover up.

The facts are what the official investigation should uncover. Whether we find out what actually happened is