Tyler Durden's picture

Game Over. And in the meantime, we get the following report from a media source: "CME’s acting like the MF Global thing just happened.  They’re haphazardly locking traders out who clear with MF, blocking access to the floor of not just MF Global employees but people who clear through them.  As a result, nobody wants to leave the floor and nobody who still has access wants to trade just to get locked out."

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Mr Lennon Hendrix's picture

Another one bites the dust!

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

gojam's picture

Poof !!!

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

William113's picture

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

terryg999's picture

I just got the notice from TransAct

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?

He_Who Carried The Sun's picture

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

SilverRhino's picture

Silver bitchez!! (No counterparty risk!)

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.

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.

Mike2756's picture

The powers that be have fixed the price before.

tmosley's picture

And how do all price fixing schemes end?

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.




Boston's picture

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


El Viejo's picture

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

Forgiven's picture

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

hedgeless_horseman's picture



I think they died of a Havidol overdose.


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!

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.

LFMayor's picture

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

He_Who Carried The Sun's picture


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


vote_libertarian_party's picture

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

junkyardjack's picture

$3.99? Can I pay with my credit card?

the not so mighty maximiza's picture

See ya on the golf course suckas



Seasmoke's picture

Looks like corzine has finished Gods work

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??????

SokPOTUS's picture

The same thing all MF'ers get...

Taterboy's picture

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

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.

Racer's picture

They should have new titles for the criminals not CEOs but

Con Arranging Bankruptcy And Looting

Mike2756's picture

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

Irish66's picture

but they are sooooo small

Mr Lennon Hendrix's picture

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

strannick's picture

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

pennypusher's picture

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

fuu's picture

Like shooting fish in a barrel.

digalert's picture

Phew! Wolfman made it back.

lolmao500's picture

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

pennypusher's picture


Josh Randall's picture

So I should just wait here then?

PhD's picture

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

SokPOTUS's picture

I believe the term of art is "Transitory".

RobotTrader's picture

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