MF GLOBAL FINANCE FILES BANKRUPTCY

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Mon, 10/31/2011 - 10:19 | 1828265 Comay Mierda
Comay Mierda's picture

poop

Mon, 10/31/2011 - 10:24 | 1828293 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Another one bites the dust!

And another one gone, and another one gone, another one bites the dust!

Mon, 10/31/2011 - 11:19 | 1828582 Spastica Rex
Spastica Rex's picture

+1 Queen

Mon, 10/31/2011 - 11:41 | 1828645 mikla
mikla's picture

QueenBites the dust

Mon, 10/31/2011 - 10:49 | 1828294 gojam
gojam's picture

Poof !!!

The sound made when another $ billions of overleveraged debt disappears from the system.

Mon, 10/31/2011 - 10:45 | 1828415 William113
William113's picture

Another jooish ponzi scheme down the drain. Where is Bernie Madoff when you need him.

Mon, 10/31/2011 - 10:19 | 1828268 terryg999
terryg999's picture

I just got the notice from TransAct

Mon, 10/31/2011 - 10:19 | 1828270 Hard1
Hard1's picture

Another multibillion dollar failure courtesy of your ex-Goldman/ex-Government friends.  Timmay, Corzine, Paulson are the poster childs of corruption and lunacy in the USA.  Blankfeinf for president anyone?

Mon, 10/31/2011 - 10:24 | 1828289 He_Who Carried ...
He_Who Carried The Sun's picture

Their principal creditors are JP Morgan and Deutsche Bank.
Good morning, idiots!

Mon, 10/31/2011 - 10:20 | 1828271 SilverRhino
SilverRhino's picture

Silver bitchez!! (No counterparty risk!)

Mon, 10/31/2011 - 11:08 | 1828535 SilverRhino
SilverRhino's picture

Get back to me when you see ACTUAL silver bullion vanish from your personal vault because someone else filed bankruptcy or declared them worthless.

Mon, 10/31/2011 - 11:12 | 1828552 Libertarian777
Libertarian777's picture

but that reporter from Calgary said gold isn't backed by anything, so she declared it worthless.

 

My physical instantly disappeared when she said that.

damn counterparty risk.

Mon, 10/31/2011 - 11:18 | 1828577 Mike2756
Mike2756's picture

The powers that be have fixed the price before.

Mon, 10/31/2011 - 12:00 | 1828727 tmosley
tmosley's picture

And how do all price fixing schemes end?

Mon, 10/31/2011 - 13:44 | 1829008 NotApplicable
NotApplicable's picture

Awesomely.

Mon, 10/31/2011 - 10:19 | 1828272 ZippyBananaPants
ZippyBananaPants's picture

We deliver trading and hedging solutions across all assets in markets around the world. MF Global is a leading broker of commodities and listed derivatives and one of 22 primary dealers authorized to trade U.S. government securities.

 

Unparalleled global network meets roll-up-your-
sleeves common sense. That’s MF Global.
And it’s why clients turn to us to capture new
opportunities in today’s rapidly changing
financial markets.

Discover the power of Strategy Runner. MF Global’s newest, most advanced trading platforms and auto-execute solutions.

Solid infrastructure. Trusted relationships. That’s what MF Global delivers. And that’s why clients rely on us to execute, clear and
settle their transactions across asset classes and around the world.

 

Unique insights, passion for what we do.
That’s MF Global. And it’s how we keep
clients on top of the world markets.

 

Matching client needs with deep knowledge.
It’s our calling, and it’s why clients rely on
MF Global to help them seize opportunities
in fast-moving markets.

Indispensable, well-timed insight. Forward-thinking, unwavering vision. Deeply rooted passion for the markets. At MF Global, our relentless pursuit of market opportunity separates us from the pack and binds us in a common purpose—to help clients find an edge in today’s fast-paced, ever-evolving markets.

Explore stories of how the employees of MF Global are delivering on this commitment today, with more stories to come tomorrow.

Bringing together superior market access, well-timed
market insights and powerful trading and hedging
solutions. It’s our passion. And it’s why clients rely on
MF Global to sharpen their edge in the world’s ever-
changing markets.

 

 

Not....

Mon, 10/31/2011 - 10:38 | 1828376 Boston
Boston's picture

I wonder what MHFT thinks about his favorite firm biting the dust?

 

Mon, 10/31/2011 - 10:48 | 1828434 El Viejo
El Viejo's picture

If it says "Super Duper" on the package, think OPPOSITE!

Mon, 10/31/2011 - 16:02 | 1829600 e-recep
e-recep's picture

Liars.

Mon, 10/31/2011 - 10:19 | 1828273 Forgiven
Forgiven's picture

The doctor prescribed the wrong drug, Corazine doesn't exist in the PDR.

Mon, 10/31/2011 - 10:32 | 1828285 hedgeless_horseman
hedgeless_horseman's picture

 

 

I think they died of a Havidol overdose.

WHEN MORE IS NOT ENOUGH.

Mon, 10/31/2011 - 10:26 | 1828302 He_Who Carried ...
He_Who Carried The Sun's picture

Did you see what he risked this company on...?

Greek, Portugese, Irish bonds.

That Corzine fella was so high on HOpium its really FUBAR!

Mon, 10/31/2011 - 10:43 | 1828401 boiltherich
boiltherich's picture

Only the first of many to do a fine impression of Mamma Cass eating a ham sandwich.  Especially if the ISDA rules the Greek default not to be a default.  Go out of business now sue later.

Mon, 10/31/2011 - 10:56 | 1828483 LFMayor
LFMayor's picture

LOL, she was my favorite "special guest" when Scooby-Doo jumped the shark.

Mon, 10/31/2011 - 11:17 | 1828574 He_Who Carried ...
He_Who Carried The Sun's picture

Right: http://www.youtube.com/watch?v=MWZfKcYlefE

She actually asks the audience to KISS HER? That I call guts!

 

Mon, 10/31/2011 - 10:20 | 1828274 vote_libertaria...
vote_libertarian_party's picture

...aaaaaaand AAPL rallies on the news as they announce their new iBankruptcy app.

Mon, 10/31/2011 - 10:58 | 1828497 junkyardjack
junkyardjack's picture

$3.99? Can I pay with my credit card?

Mon, 10/31/2011 - 10:20 | 1828275 SixFeetFromTheHedge
SixFeetFromTheHedge's picture

Source?

Mon, 10/31/2011 - 10:20 | 1828276 the not so migh...
the not so mighty maximiza's picture

See ya on the golf course suckas

 

 

Mon, 10/31/2011 - 10:22 | 1828280 Seasmoke
Seasmoke's picture

Looks like corzine has finished Gods work

Mon, 10/31/2011 - 10:23 | 1828283 Lord Welligton
Lord Welligton's picture

Messy.

Mon, 10/31/2011 - 10:23 | 1828284 lizzy36
lizzy36's picture

If there is any justice in the world, the board of MF Global will pay Jon Corzine his severance in euro bonds.

Sarcasm aside, Corzine, who single handedly destroyed the firm, will walk with around $12m in severence and 3200 employees will get??????

Mon, 10/31/2011 - 10:25 | 1828295 SokPOTUS
SokPOTUS's picture

The same thing all MF'ers get...

Mon, 10/31/2011 - 10:26 | 1828303 Taterboy
Taterboy's picture

The 3200 will get a "Corzine for President" button. After all, he now has a lot free time.

Mon, 10/31/2011 - 10:31 | 1828332 SokPOTUS
SokPOTUS's picture

This cinches it for Corzine, you know.  Once Timmay is finally deposed / quits to spend more time with his family; Corzine just enhanced his CV a Billion-Fold....he's a shoe-in for O'bummer's next Treas. Sec.

Mon, 10/31/2011 - 10:27 | 1828309 Racer
Racer's picture

They should have new titles for the criminals not CEOs but

Con Arranging Bankruptcy And Looting

Mon, 10/31/2011 - 10:23 | 1828286 Mike2756
Mike2756's picture

Glad to see everyone is on top of this, lol.

Mon, 10/31/2011 - 10:23 | 1828288 Irish66
Irish66's picture

but they are sooooo small

Mon, 10/31/2011 - 10:27 | 1828305 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Billions to millions in a few years, like only a Global Banking House can!

Mon, 10/31/2011 - 10:37 | 1828365 strannick
strannick's picture

MF investors made millions! Unfortunately they started with billions...

Mon, 10/31/2011 - 10:24 | 1828296 pennypusher
pennypusher's picture

Ahhhh Skeet Skeet Skeet... Who's next?

Mon, 10/31/2011 - 10:33 | 1828337 fuu
fuu's picture

Like shooting fish in a barrel.

Mon, 10/31/2011 - 10:25 | 1828299 digalert
digalert's picture

Phew! Wolfman made it back.

Mon, 10/31/2011 - 10:27 | 1828304 lolmao500
lolmao500's picture

No biggie. In other news, it's the FED fault for not regulating their own damn primary dealers.

Mon, 10/31/2011 - 10:28 | 1828315 pennypusher
pennypusher's picture

WOLFMAN!!!!!!!!!!!!!!!

Mon, 10/31/2011 - 10:31 | 1828329 Josh Randall
Josh Randall's picture

So I should just wait here then?

Mon, 10/31/2011 - 10:31 | 1828334 PhD
PhD's picture

So is this a "credit event" or was the filing for bankrupcy voluntary?

Mon, 10/31/2011 - 10:34 | 1828348 SokPOTUS
SokPOTUS's picture

I believe the term of art is "Transitory".

Mon, 10/31/2011 - 10:31 | 1828335 RobotTrader
RobotTrader's picture

LULU keeps climbing, unfazed by the world's financial woes.

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