We’ve finished sorting out the newest information on the MF Global case, and there’s a lot worth knowing. While we were busy writing our newsletter Monday and keeping tabs on whether the markets would keep Mayâ€™s performance going, the Trustee for the MF Global case released his 275 page â€śInvestigation Report.â€ť
In our opinion, this report is pretty damning- almost breathtakingly so. From Corzine to Oâ€™Brien to JP Morgan to under mentioned actors like BNY Mellon, this catastrophe was not a whirlwind crisis that caught everyone off guard. Those in the know saw it coming for miles, but absolutely no one did anything to stop it.
The story that has emerged is long and twisted, but as additional information becomes available, we’re starting to see exactly what unfolded at MF Global, and it isn’t pretty. The Trustee’s report goes even further, letting us begin putting names Â to the question of “Who knew what, and when?” What can we take away from the new evidence this document presents? Everything you need to know isÂ right here, in Attain Capital’s analysis of the report.
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