The Fed's Jim Bullard seems a bit too smug about the lack of reverberations from the MF Global...

|About: MF Global Holdings Ltd. (MFGLQ)|By:, SA News Editor

The Fed's Jim Bullard seems a bit too smug about the lack of reverberations from the MF Global (MFGLQ.PK) collapse, says Bruce Krasting. How can he "pleased" about $600M that more and more looks to have been stolen from customer accounts? If money held in segregated accounts of heavily regulated operators isn't safe, what is, asks Krasting? This isn't over.