The MF Global disaster just keeps on going...
Corzine: I do not know where the money is
Well Jon, how about taking a look over here?
MF Global and the great Wall Street re-hypothecation scandal
When will people find the nerve to cut ties with the conventional way of doing things? Just because some firm has proper accreditation and investment certifications and knows how to tell the public that unlike the other big bad Wall Street firms "we are all about the client" it does not mean they are not going to be very bad for the client's finances.
He's sorry, he's distressed, he's broken... and he sent a lot of people's money to Munny Heaven. Okay, fine. However, individuals need to take responsibility for whom they choose to trust. Just because an outfit is properly licensed to do business, it does not mean they know what the fuck they are doing. Or scarier still, maybe they do.
We are in Wonderland after all.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Corzine: I do not know where the money is
Well Jon, how about taking a look over here?
MF Global and the great Wall Street re-hypothecation scandal
When will people find the nerve to cut ties with the conventional way of doing things? Just because some firm has proper accreditation and investment certifications and knows how to tell the public that unlike the other big bad Wall Street firms "we are all about the client" it does not mean they are not going to be very bad for the client's finances.
He's sorry, he's distressed, he's broken... and he sent a lot of people's money to Munny Heaven. Okay, fine. However, individuals need to take responsibility for whom they choose to trust. Just because an outfit is properly licensed to do business, it does not mean they know what the fuck they are doing. Or scarier still, maybe they do.
We are in Wonderland after all.
http://www.biiwii.blogspot.com
http://www.biiwii.com
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