On Dec 12, 2011, at 6:50 PM, Bruce Johnson wrote:

> <http://newsandinsight.thomsonreuters.com/Securities/Insight/2011/12_-_December/MF_Global_and_the_great_Wall_St_re-hypothecation_scandal/>
> 
> All that missing clients money at MF Global? Looks like it was all bet by the 
> house, for the house.
> 
> This is a regulatory loohole big enough to drive an oil tanker through...

In case you missed the "explanation" from Corzine
http://www.trentonian.com/articles/2011/12/09/business/doc4ee2001b11a34561587710.txt?viewmode=fullstory

reminds me of Steve Martin - "I forgot"


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