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Forum Post: MF Global Hearings Live Now CSPAN

Posted 10 years ago on Dec. 8, 2011, 11:53 a.m. EST by stephenadler (118)
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I highly recommend everyone to tune into CSPAN and listen in on the hearing investigating the MF Global collapse. Fascinating stuff... Great inside look at how our financial system is tangled into our regulatory system designed to keep MF Global from stealing money as it did, yet still managed to do so.



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[-] 1 points by MattLHolck (16833) from San Diego, CA 10 years ago

MF Global is ...

[-] 1 points by stephenadler (118) 10 years ago

The latest wall street debacle. 1.2 Billion dollars have gone missing from customer accounts after the company went bankrupt betting on the Euro crisis. Basically they used their customers money to place bets. Classic example of wall street overreach.

[-] 1 points by MattLHolck (16833) from San Diego, CA 10 years ago

would the reinstatement of Glass Steal stop such actions