Home > Financial Regulation, MF Global > The MF Global plot thickens

The MF Global plot thickens


MF Global’s Shortfall No Surprise, Some Say
(New York Times) — Some MF Global employees were aware of a shortfall in the firm’s customer accounts days before filing for bankruptcy on Oct. 31, according to people involved in the case, a revelation that raises questions about why the firm failed to safeguard client money and whether it withheld information from authorities.

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