Monday, February 6, 2012

MF Global Collapsed in the Face of a $310 Million Margin Call Made by 'Undisclosed Party'



The margin call was predicted here about day two as I recall. The question in my mind is the extent that JP Morgan and any of their other bankers and credit line holders played in this.

It will be interesting to see how this case progresses from the Giddens-Freeh bankruptcy team and into the hands of the regulators and Justice Department.

So far (for the past three years) the Obama

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