Are MF Global Assets, Which Were Lost, Found?
Media reports yesterday, particularly from The Wall Street Journal, said that the $1.2 billion if MF Global customer assets which has been lost will not be found. The New York Times contradicts that, so MF clients are whipsawed between hope and…
Media reports yesterday, particularly from The Wall Street Journal, said that the $1.2 billion if MF Global customer assets which has been lost will not be found.
The New York Times contradicts that, so MF clients are whipsawed between hope and despair
The paper reports
While authorities have traced hundreds of millions of dollars to banks, MF Global’s trading partners and even the firm’s securities customers, investigators remain uncertain about whether they can retrieve the money.
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