MF Globalhärvan och JP Morgan

[kristensson]

Nya frapperande uppgifter kommer fram.
Artikeln är från "goldsilver.com och väldigt läsvärd om än lite lång.
Den ger en insikt i hur korumperat det är.



http://goldsilver.com/news/did-jp-morgan-just-convert-614-000-ounces-of-mf-global-clients-silver-into-jpm-licensed-vaults/

[kristensson]

Håller Canada på att få sin egen MF Global härva?

TORONTO - One of Canada's investment regulators has accused Barret Capital Management, a firm specialized in futures and options on metals and other exchange-traded commodities, of using client money for its own purposes.

The Investment Industry Regulatory Organization of Canada warned Monday that Barret clients are at risk due to the firm's "ongoing misappropriation of their money to fund losing trades and ongoing misinformation about the value and holdings in their accounts."

The allegations have not been proven.

IIROC has set a hearing for Tuesday morning to suspend Barret's membership in the organization and stop Barret from dealing with the public.

In requesting the expedited hearing, the regulator alleged Barret made "significant misrepresentations to clients including through manipulating account values, misrepresenting account values and holdings by way of false account statements or otherwise providing false information to clients and by manipulating on and off book payments to clients."

IIROC is a national regulatory organization that oversees investment dealers and trading activity on debt and equity marketplaces in Canada

// The Canadian Press

[alang]

Intressant, blir till att läsa, samt: -Illa!

[kristensson]

PFG Best det nya MF Global - Ekonomidirektören försökte begå självmord

Update 2: Russ Wasendorf Sr., the founder and CEO of PFGBest, reportedly attempted to commit suicide this morning outside the corporate headquarters in rural Cedar Falls, company officials confirmed Monday afternoon.

Update: PFGBest had $400MM in customer segregated funds at the end of April. Is JPMorgan about to "discover" another $400 million in Q2 "profits"?

Just out from futures broker PFG Best to clients, where the owner's suicide attempt apparently has led to a whole new MF Global spin off.


Due to a recent emergency involving Russell R. Wasendorf, Sr., a suicide attempt, some accounting irregularities are being investigated regarding company accounts.  PFGBEST is wholly owned by Mr. Wasendorf.  Therefore, the NFA and other officials have put all funds on hold, and PFGBEST is in liquidation-only status with our clearing FCM.  What this means is no customers are able to trade except to liquidate positions. Until further notice, PFGBEST is not authorized to release any funds.  We will update you as any new procedures are stipulated and with any further information as it becomes available.

... And just as the public trust was storming back into the capital markets

Från zerohedge.com

[MrLibertad]

SVD om samma som ovan.

http://www.svd.se/naringsliv/nyheter/varlden/usa-maklare-i-miljardskandal_7334792.svd

[kristensson]

Efter ett drygt år efter MF Globals konkurs kommer man ge Cortzine (elaking) skulden, kul se att man nu verkar ge sig på de elaka ledarna för dessa bolag

http://www.reuters.com/article/2012/11/14/us-mfglobal-congress-idUSBRE8AD1EH20121114

[Destecado]

  Med andra ord dags att köpa mer silver.....

[kristensson]

Det var Congressen som ansåg Corzine skyldig.
Återstår gör att döma han till fängelse då skulle alla moders tillfälle att köpa Guld/Silver uppstå.
Det kommer då bli ett trendbrott

[maggan]

Undrar om köptillfället inte borde vara innan en ev. Fägelsedom? Frågan är hur snabbt spiken uppåt kommer?

[kristensson]

Undrar om köptillfället inte borde vara innan en ev. Fägelsedom? Frågan är hur snabbt spiken uppåt kommer?

Om det blir en fängelsedom vet man nog inte det kan räcka att en Domare finner något fel i åtalet och ogiltligförklarar det, har hänt tidigare så osvuret är bäst.

[kristensson]

Kvarnarna mal långsamt men nu vill CFTC sätta dit Corzine och O´Brien för deras medverkan i MF Global härvan.

http://www.kitco.com/news/2013-06-27/CFTC-Charges-MF-Global,-Corzine-With-Unlawful-Misuse-Of-Customer-Funds.html