MF Global: Forbes Sums It Up Well, And My Take, 'Abandon All Hope, Ye Who Enter Here'

"Lasciate ogne speranza, voi ch'intrate."

Dante, The Inferno
Forbes has been head and shoulders above the rest of the mainstream media in reporting on MF Global.

Francine McKenna provides an excellent summation of the entire three part scandal.

Part one. There was the conscious transferring of customer assets to meet a margin call by JP Morgan in London in what was intended to be an 'over