Dear Folks:
Please refer all inquiries in this matter to Jim Sinclair as this is not my area of expertise. I am a commodities guy and not an equity guy.
Thanks,
Trader Dan
Friday, December 2, 2011
A First Step in the Right Direction
Fox Business is reporting that the former head of MF Global has been subpoenaed to testify in front of a Congressional House Panel
Here is their lead in to the article:
Read more: http://www.foxbusiness.com/politics/2011/12/02/corzine-subpoenaed-to-appear-before-house-panel/#ixzz1fOoGfStV
Let's see where this leads. I hope it is just the tip of the iceberg as far as what he and his former firm reap.
Here is their lead in to the article:
Jon Corzine, the former head of bankrupt commodities brokerage firm MF Global, has been subpoenaed to testify about his role in the collapse before a congressional committee.
Corzine hasn’t been heard from publicly since MF Global imploded in October, the result of bad bets on European sovereign debt, a risky gamble reportedly pushed by Corzine himself.
Corzine hasn’t been heard from publicly since MF Global imploded in October, the result of bad bets on European sovereign debt, a risky gamble reportedly pushed by Corzine himself.
Read more: http://www.foxbusiness.com/politics/2011/12/02/corzine-subpoenaed-to-appear-before-house-panel/#ixzz1fOoGfStV
Let's see where this leads. I hope it is just the tip of the iceberg as far as what he and his former firm reap.