Isn’t This Called Stealing? Where Is Jon Corzine’s Prison Cell?

“MF Global Holdings Ltd., the broker-dealer’s parent, said it failed after getting margin calls spurred by disclosure of more than $6 billion of European government debt investments. It told regulators that client accounts had “deficiencies,” the Commodity Futures Trading Commission and Securities and Exchange Commission said yesterday.

The New York-based parent company broke rules about keeping clients’ collateral separate from its own accounts, futures exchange CME Group Inc. said today.”


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