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U.S. Inquiry of MF Global Gains Speed
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Joined: Tue Oct 06, 2009 1:37 pm
Posts: 147
Post U.S. Inquiry of MF Global Gains Speed
As Jim Sinclair say's... Somebody has a sense of humor. I'm hoping to see the highlight of 2012 as a perp walk for ALL those involved in this scam. It appears that someone in the know is seeking immunity from prosecution. It's beginning to unravel!

U.S. Inquiry of MF Global Gains Speed

http://dealbook.nytimes.com/2012/01/09/ ... ins-speed/

The investigation into MF Global is intensifying as federal authorities unearth new details and confront potential obstacles in their hunt for roughly $1.2 billion in customer money that disappeared from the brokerage firm.

While prosecutors and regulators have jointly conducted dozens of depositions with former and current employees, a senior official in the Chicago office of MF Global recently declined to meet with the federal authorities, people briefed on the investigation said.

That official, Edith O’Brien, a treasurer at MF Global, is considered a “person of interest” in the investigation, the people said. Federal authorities suspect that she transferred about $200 million to JPMorgan Chase in London on the eve of the bankruptcy of MF Global, money that turned out to be customer cash.

much more at link: http://dealbook.nytimes.com/2012/01/09/ ... ins-speed/


Tue Jan 10, 2012 3:37 pm
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