MF Global Customer Money Unvaporized: 'Substantial Portion Went to JP Morgan'

"The final $680 million or so was transferred to other financial institutions with which MF Global did business, including a substantial portion that went to JPMorgan. Giddens said his team has "a solid basis for seeking the recovery of some of the funds that were transferred to JPMorgan," and is engaged in ongoing talks on the issue."


As they say in the trade, Q. E. D.   (quod erat