Panic Behind The MF Scenes As Company Refuses To Disclose Information To Regulators Even In Death

Tyler Durden's picture

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X.inf.capt's picture

game over

.....BITCHEZ!

must.....stay out.....of.....

BUTT POUNDING PRISON!

SilverIsKing's picture

Does 'MF Global' stand for Worldwide Mother Fuckers?

I did it by Occident's picture

I am shocked, shocked that any former politician from New Jersey could be involved in any corruption whatsoever!

\sarc  :)

anynonmous's picture

this is all fcking BS man -- or whatever the symbol was for Bear Stearns

trav7777's picture

They will try to shred their way out of this.

Regulators and/or FBI need to swoop in and put the seal tape on stuff

Cynical Sidney's picture

banksters are destroying democracy and our way of life, i issue the following call to action: we need to immediately reinstate glass-stegall, implement volcker rule and torture any banksters who refuse to spill the beans. we need to use rico to go after criminal organizations such as goldman sachs, morgan stanley, ubs deutchbank fannie freddie etc.

financial crimes are the most under handed of all crimes and affect the public in far more ways than other types of crimes. time to take a stand

Lord Blankcheck's picture

What about the three CORRUPT branches of Government?

 

 

wearef_ckedwithnohope's picture

All this stuff is giving me a boner.  Does that mean I'm easily excitable or just horny?

boiltherich's picture

Part of the problem with Glass-Stegall was that it was itself a compromise that eventually allowed it to be simply dropped.  We need to have it back sure, but on steroids.  But to go beyond that we need law that says the only contracts that are enforceble are those that exchange a service or good for legal tender in full.  Period.  And I hate it because it essentially is what the fascist rightwingers want, but it has become abundantly clear that where money and credit are concerned greed wins every single time.  The only to live without parasites and this horrifying unequal distribution of wealth is to end fiat and credit, one in the same by the way.  I will say that none of you will like the tax structure in that world, but we will all be happier in some ways.  I for one plan to grow a bit of pot ans stop worrying about everything so much. 

Bwahaha WAGFDSMB's picture

FIat and credit are one and the same, now there's a thought to ruminate on as I settle in for the night.  Good luck with your plan, though I think in the long run cognitive behavioral coping strategies tend to yield better results than substance based coping strategies.

molecool's picture

What he said. Count me in.

CompassionateFascist's picture

Right. Like Holder swooped in on Solyndra. This is a top-to-bottom 2-Party Kleptocracy. Last night a severe dream-nightmare woke me bolt upright. I was driving down a road in one of the states where the TSA Gestapo is now randomly pulling over motorists for pat-downs and etc. Up ahead I saw a bunch of these ZOG thugs doing up a woman and peeling panels off of her car. A quick twitch of the steering wheel and sharp acceleration, and I got 4 or 5 of them before their Highway Patrol cover got me. This is how it will begin, like that guy in Tunisia who set off the Arab Spring....not those clowns in Zucker-whatever Park waving signs around. 

CClarity's picture

Seeking Alpha just posted "Regulators are investigatingwhether MF Global (MF) diverted as much as $700M from segregated customer accounts to support its trades as the company teetered, according to sources. A major no-no, it's possible this is what nixed a desperate effort by MF to sell itself to Interactive Brokers"

A definite major no-no that should be leading to some jail time.

Bananamerican's picture

"...should be leading to some jail time"

What part of fascist oligarchy don't you understand?

The Fa or this Shist?

beside's, amerika's still on the hunt fer al kidey in granma's underpants savvy? an' we don't have TIME to look "Backward" into some rich man's komplicated bidnizz! We need to look Downward....into all those geriatric hidey holes an' all the hippy holes an' all them food-stampers faraway eyes...

bobert's picture

What???

Re-post when you're sober.

jeff montanye's picture

s/he's sober.  so are the food-stampers with the 10,000 yard stare.  well, some of them.

Vampyroteuthis infernalis's picture

You know why they are keeping their mouths shut, a good portion of it is laundered money. Dirty to the core. Mafia, drug lords take your best shot! The Grim Reaper is here for Halloween.

LongSoupLine's picture

"...a good portion of it is laundered money."

 

Well, of course it was, right along with the other 21 Primary Stealers of the Fed.

Oh regional Indian's picture

SPOT ON Vampy.

People really need to get a real lesson in what is UP!

Ejumakation

ORI

AnAnonymous's picture

You know why they are keeping their mouths shut, a good portion of it is laundered money. Dirty to the core. Mafia, drug lords take your best shot! The Grim Reaper is here for Halloween.
//////////////////////////////////////////////////////////////////////////

Maybe, maybe. But one should not forget that US citizens are duplicitous at heart.

They might as well be reproached with very little and are using that stage to appear as victims. Victimology is high among US citizens. Bankers might use that platform to appear as victims of the odious monster state that prevents everyone including banks from doing honest and sane US style business.

Or they might have stuff to be reproached with but not that big and by pushing for high expectation,( US citizens love propaganda, marketing, hype), they might get away with what they have done because well, US citizens expected so much more, and petty sins have to be forgiven. They are caring Christians.

Never underestimate US citizen duplicity.

Zone1's picture

WSJ is saying the same thing:

"But as the due-diligence process intensified, Interactive Brokers executives became concerned about MF Global's capital levels, according to people familiar with the matter. The worries centered on the amount of customer funds held on deposit by MF Global, with Interactive Brokers identifying what it felt were substantial discrepancies, people familiar with the matter said.

The difference was roughly $900 million, these people said, though one person added that the figure was a "moving target."

"They still don't have it figured out" this person said."

http://online.wsj.com/article/SB10001424052970204528204577009473406903312.html?mod=WSJ_hp_mostpop_read

Looks like tax payers will be on the hook to bail out Corzine's mess through SIPC.

Darth..Putter's picture

But CNBC says the bear might be all done.  Buy stocks!!

Darth..Putter's picture

But CNBC says the bear might be all done.  Buy stocks!!

http://www.cnbc.com/id/45109344

Everybodys All American's picture

The Dodd-Frank lame bill the democrats pushed on us all and the one that left derivatives unchecked promised this kind of tax payer bailout would never ever happen again. Key up the I told you Obama and co were full of themselves.

jeff montanye's picture

full of themselves?  you razor dipped in acid tongued insulter you.  

when obama is called a monster, john wayne gacy is insulted. 

knukles's picture

Woulda thought that all them years on Wall Street woulda made an honest man outa him.
Jon.  There's a difference between honest and just plain dumb, fella....

Dingleberry's picture

"Nucky" Thompson would be so disgusted of Corzine!

Freewheelin Franklin's picture

Corzine robbed the citizens of NJ with the Sweetheart deals he made with the various state workers unions, including the CWA, where his girlfriend,  Carla Katz, was the head.

Troll Magnet's picture

Mother Fuckers Globa.  Fixed.

Rainman's picture

Bet the Pigmen are hitting the blue sapphire hard tonight. BOOO !

LeonardoFibonacci's picture

Yes because a pound of flesh above the heart will be required of them tomorrow and these Shylocks must prepare with blue sapphire of Bombay, as long as it is koscher though. lol

 

What's not fucking koscher is how they lost client money!

peekcrackers's picture

I see 3 monkeys with eyes , ears and mouth coverd waring yamakas when i read this post

 

LeonardoFibonacci's picture

I don't like Yamahas, i prefer Harley Davidsons lol

SilverIsKing's picture

What's a yamaka? Is that like a Henway?

DeadFred's picture

Figure out how much time it takes to load a charter plane with gold and fly to the nearest non-extradition country. That's how long it will be before the records are handed over. I predict there will be a lot of interesting ZH posts in the next few days. Keep the servers in shape.

sunnydays's picture

Probably another Madoff and the govt. regulators have looked the other way all these years.  I have not doubt that serious crimes were committed.  I also have no doubt that no one will go to jail for them either.  It will be... "oh, well", just like Enron and so on.  They protect the stop and screw the people who they have lied to for years.

topcallingtroll's picture

I hope angry german and daneskold are right.

Keep your mouth shut in bankruptcy court. Dont certify nothing.

And also consolidated books are not actually as common as they should be.

Arius's picture

can always hope - nothing wrong with hopping except when you bet money on hope ...

:-)

knukles's picture

...or change.  And don't forget, Corzine is a died in the wool serious o'blahama funder, bundler, supporter and all around jock strap.  Hows comes it always happens to thems whose are the connected ones?

Hmmmmmmmmmmmmm...

nmewn's picture

Hey!!!...its not just the big guys...Mickey Mouse donated too!!!

FEC should taken out back just like the SEC.

disabledvet's picture

are you representing us or MF Global?

Hearst's picture

Naked Silver short positions?  They wouldn't be the first.

 

It's Getting Plain Silly: MF Global Hikes Silver Margin To 175% Of CME, Or Over 10% Of Contract

http://www.zerohedge.com/article/its-getting-plain-silly-mf-global-hikes-silver-margin-175-cme-or-over-10-contract

Gene8696's picture

Some how they are link. We need a good autopsy... I'm tired of hearing about the Madofs bullshit.

Need something new to chew on.

4horse's picture

s AS. it's what they count on-- faster. faster --for without a past, sabotaging cause&effect, what the fuck's justice

 

always Looking Forward. onward. and upyours

no past behind their presenttense-- panem et circenses. though they keep the bread, substituting they kk, prostitutes and naked anything instead. except truth --time's awastin such an onslaught of crime committed quicker'n you can keep count

 

piling-up. so of course don't look behind you, gene. they're Gaining. Everything

Gene8696's picture

Damn, lots of reds... I guess I'm the only one loving all the bad news and hopes of another Oct. 3rd meltdown? Or maybe others are still interested in old news? I just want to get back into oil at 75, and profit from my S&P shorts....