The Bankwatch

Tracking the consumer evolution of financial services

MF Global story goes Madoff/Enron/ tonight – pick your metaphor

Some stories burning the headlines tonight on MF.  There is a criminality element creeping in here now, which would conveniently make this an outlier situation, rather than evidence of a systemic problem that I believe it still is.    Lets see what the final headlines are tomorrow.

http://www.zerohedge.com/news/panic-behind-mf-scenes-company-refuses-disclose-information-regulators-even-death

http://www.zerohedge.com/news/someone-going-jail-mf-global-caught-stealing-hundreds-millions-customers

http://dealbook.nytimes.com/2011/10/31/regulators-investigating-mf-global/?ref=business

http://www.ft.com/intl/cms/s/0/8c81053a-03cc-11e1-bbc5-00144feabdc0.html#axzz1cOQ3SoMc

Written by Colin Henderson

October 31, 2011 at 21:04

Posted in Uncategorized

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