Tuesday, November 22, 2011
MF Global - 1.2 BILLION Missing from Clients accounts - yet NO One has been arrested or accused of Stealing!?
This is so unbelievable and it is hard to understand how it is possible. How is it the most blatant stealing of money by a Wall Street Broker out of it's clients accounts and there have been no arrest or charges filed against anyone?
It is being found 1.2 Billion has been stolen from people's accounts at MF Global, not 600 Million!
The amount of customer money missing from the collapsed trading firm MF Global may be more than $1.2 billion — double previous estimates — the trustee dismantling the firm’s brokerage unit said on Monday.
Regulators currently suspect that MF Global — at the time run by Jon S. Corzine, the former Democratic governor of New Jersey — improperly used customer money for its own purposes in the days before filing for Chapter 11 protection on Oct. 31.
Investigators are considering two possible situations. One is that MF Global used the money to meet trading partners’ demands for extra cash, which could come back. The other is that it was used to cover trading losses, which would mean that the money cannot be recovered.
I wrote about MF Global - in detailing who they are and who the board of directors are. It is everything about MF Global
I also wrote about the Bankruptcy judge giving them 8 million to keep them going.
If anyone questions Main Stream Media and them being controlled by the banks and corporations, you need not question it anymore. There has been no mention of MF Global and their stealing of clients money since Oct. 31st and the filing of bankruptcy. CNBC has mentioned it as they have to, they are a financial network.
Most people do not even know about MF Global as the networks have not said a single word about it.
From the fact MSM is ignoring MF Global, proves it is big news and the media is completely controlled, they are not actual news networks but propaganda networks. Otherwise they would be giving people the real news that affects them.
It seems they are afraid people would get smart and realize Wall Street has been given the green light to blatantly steal money out of people's accounts and are not held accountable for it.
If I went to the bank and stole One Dollar out of someone's account, I would be charged with a Felony and thrown in jail! BUT a Wall Street broker can literally STEAL 1.2 Billion and NO One is arrested or charged with theft?!
Posted by Barbara Diamond at 1:38 PM
A list of my faves
- The Curious Cat Lives
- This Could Happen To You
- Girls Doing Men
- Alltop Oddities
- Herald Police Blotter
- My Man Mumbles
- Girl power at its finest
- Super cool T's
- Straight Talk