Seeking Alpha

MF Global Holdings' brokerage clients will eventually get their money back, predicts Louis...

MF Global Holdings' brokerage clients will eventually get their money back, predicts Louis Freeh, the trustee carrying out the parent company's liquidation. Freeh made the forecast about the $1.6B that went missing in written testimony for a Senate hearing that is scheduled for today.
Comments (1)
  • sr1977
    , contributor
    Comments (336) | Send Message
     
    In related news, The trustee liquidating Peregrine Financial Group Inc. asked a judge for authority to subpoena the defunct futures brokerage’s banks including JPMorgan Chase & Co. (JPM) and Citigroup Inc. (C) for information about transfers from segregated accounts and proprietary accounts.

     

    http://bloom.bg/OmHRoe
    1 Aug 2012, 04:42 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs