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JPMorgan (JPM) has returned ~$600M that it held when MF Global (MFGLQ.PK) failed, the WSJ...

JPMorgan (JPM) has returned ~$600M that it held when MF Global (MFGLQ.PK) failed, the WSJ reported late Friday, adding that the bankruptcy trustee representing customers may chase the bank for another several hundred million dollars. The trustee is due to provide details tomorrow about what happened to the missing client cash.
Comments (5)
  • deercreekvols
    , contributor
    Comments (5151) | Send Message
     
    Where is Jon Corzine?

     

    How can there be an update on MF Global and this man's name not be mentioned. He, and his band of thieves, are responsible for some $2B of investor money that "vanished."

     

    Time to prosecute The Honorable Jon Corzine and return as much investor money as possible.

     

    I ask again: Where is Jon Corzine?
    3 Jun 2012, 08:38 AM Reply Like
  • Poor Texan
    , contributor
    Comments (3529) | Send Message
     
    He's fund raising for Obama.
    3 Jun 2012, 11:55 AM Reply Like
  • deercreekvols
    , contributor
    Comments (5151) | Send Message
     
    How true and how sad. Bundle enough campaign contributions and you are allowed to make $2B "vanish" and nobody will bother you.

     

    The Honorable Jon Corzine was rumored to be living in France when not hosting dinners for The President.

     

    It is a tangled web we weave.

     

    Where is Jon Corzine?
    3 Jun 2012, 09:05 PM Reply Like
  • phxcrane
    , contributor
    Comments (415) | Send Message
     
    I heard he's hiding out in Lincoln's bedroom at the white house.
    3 Jun 2012, 09:46 AM Reply Like
  • Ken4u
    , contributor
    Comments (14) | Send Message
     
    I wonder if the trading losses had any ties to the funds owed to MF Global? I wonder if any connection exists for the two events. I wonder if money could ever get funneled to a CEO who had a lot of power, and do so through the appearance of a bad trade?

     

    I really wonder that a lot these days.Seems so coincidental - what are the odds?
    3 Jun 2012, 10:12 PM Reply Like
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