RE: RE: Holding(reply)...
Eigen337
The >>REAL<< danger is the >>KA-BOOM<< blowoutat MF GLOBAL if the >>SERIOUS ALLEGATIONS<< areTRUE......See:.....https://www.businessweek.com/news/2011-11-01/mf-global-failed-to-segregate-client-collateral-cme-group-says.html....."Nov.1 (Bloomberg)..... --..... MF Global Holdings Ltd., under investigationby U.S. regulators after filing for bankruptcy protection, violatedrequirements that it keep clients’ collateral separate from its ownaccounts, the head of the world’s largest futures exchangesaid."....."MF Global, the holding company for the futures broker run byformer New Jersey Governor and ex-Goldman Sachs Group Inc. Co-ChairmanJon Corzine, is being investigated by regulators for hundreds ofmillions of dollars that >>may be missing from clientaccounts<<, according to
twopeople with knowledge of the matter.".....*****IF and that is a>>BIG IF<< MF GLOBAL took clients money to>>BACKSTOP<< MF GLOBAL trading BETS than >>ALL HANDSTO BATTLE STATIONS<<. In my opinion, INVESTOR CONFIDENCE will be>>SHATTERED<< and a GOOD chunk of the retail investors will>>EXIT<< the stock market and sent the market into a>>DEEP DIVE<<. .....***Eigen337