OKDem08
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Thu Nov-17-11 02:54 AM
Original message |
MF Global: they're getting bolder... |
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Short read: MF Global, a large derivatives trader, declared bankruptcy recently but not before distributing bonuses to a select few shortly before bankruptcy papers were filed. Then shortly after the bankruptcy filing, regulators were notified via e-mail that ~$600 million was missing from customers' accounts. http://blogs.wsj.com/deals/2011/11/11/read-mf-globals-first-money-is-missing-email/?mod=wsj_share_twitterSource re: bonuses http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8875239/MF-Global-paid-bonuses-just-hours-before-bankruptcy.html
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WildNovember
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Thu Nov-17-11 03:03 AM
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1. Thieves. If money is missing from customers, how can they give officers BONUSES? |
saras
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Thu Nov-17-11 03:09 AM
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2. You answered your own question. |
Suich
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Thu Nov-17-11 03:27 AM
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3. Welcome to DU, WildNovember!! |
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Hope you have fun here!
:party: :party: :party:
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RainDog
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Thu Nov-17-11 03:32 AM
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4. this is where the OWS protest should be n/t |
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Tue May 07th 2024, 06:38 PM
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