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Eagle-eyed customers spotted information in MF Global's crisis plan, the so-called "break the glass document," that suggests intent.This has given wronged customers renewed hope that criminal charges will be filed. In the days before MF Global's collapse, that's exactly what happened.Here, a cybersex supplier chats online'They learn how to receive the money, how to do these things unnoticed, how to make contacts.Click through, join for free, and then click the CHAT link at the top of the Asia Friendfinder site.Wednesday, Oct 26, and Thursday, Oct 27, 2011: "Substantial Deficit" in Customer Accounts Christine Serwinski, MF Global's chief financial officer for North America, testified in a March 28, 2012 congressional hearing that she was told on October 27 of a "substantial deficit" in customers' accounts for October 26, the previous day.She was on vacation when she was informed of the shortfall and claims she was told the shortfall was only in the "cushion" that MF Global had in customer accounts.Law360, New York (August 10, 2016, PM EDT) -- A New York bankruptcy judge signed off Wednesday on a 9 million settlement resolving outstanding litigation between MF Global and former CEO Jon Corzine and other executives over the company's collapse in 2011. The settlement, which resolved multidistrict litigation between the company's former directors and officers, will result in a gross recovery of 2 million for the...

“Impacts from the great recession caused us to close the fund to new investors in 2009, so we began considering other options that could provide the best opportunities for enhancing stockholder value through the following economic recovery.

Background on Closed End Funds For those new to the space, a closed-end fund is a publicly traded investment company that raises a fixed amount of capital, and is then structured, listed and traded like a stock on a stock exchange.

Whereas conventional mutual funds and ETFs frequently redeem / issue new shares to ensure that the price per share remains in line with the net asset value of the underlying holdings in the funds, this is not the case for CEFs. Currently, the portfolio is diversified across more than 200 positions and predominately invested in US equities, as summarized below.

Former MF Global Chief Executive Officer Jon Corzine has told lawmakers he "never intended" to break any rules and did not give instructions to misuse customer funds.

But Corzine was in charge, rules were thoroughly broken, regulators claim MF Global employees lied to them, and an estimated

“Impacts from the great recession caused us to close the fund to new investors in 2009, so we began considering other options that could provide the best opportunities for enhancing stockholder value through the following economic recovery.

Background on Closed End Funds For those new to the space, a closed-end fund is a publicly traded investment company that raises a fixed amount of capital, and is then structured, listed and traded like a stock on a stock exchange.

Whereas conventional mutual funds and ETFs frequently redeem / issue new shares to ensure that the price per share remains in line with the net asset value of the underlying holdings in the funds, this is not the case for CEFs. Currently, the portfolio is diversified across more than 200 positions and predominately invested in US equities, as summarized below.

Former MF Global Chief Executive Officer Jon Corzine has told lawmakers he "never intended" to break any rules and did not give instructions to misuse customer funds.

But Corzine was in charge, rules were thoroughly broken, regulators claim MF Global employees lied to them, and an estimated $1.6 billion in customers' money was impermissibly transferred.

||

“Impacts from the great recession caused us to close the fund to new investors in 2009, so we began considering other options that could provide the best opportunities for enhancing stockholder value through the following economic recovery.Background on Closed End Funds For those new to the space, a closed-end fund is a publicly traded investment company that raises a fixed amount of capital, and is then structured, listed and traded like a stock on a stock exchange.Whereas conventional mutual funds and ETFs frequently redeem / issue new shares to ensure that the price per share remains in line with the net asset value of the underlying holdings in the funds, this is not the case for CEFs. Currently, the portfolio is diversified across more than 200 positions and predominately invested in US equities, as summarized below.Former MF Global Chief Executive Officer Jon Corzine has told lawmakers he "never intended" to break any rules and did not give instructions to misuse customer funds.But Corzine was in charge, rules were thoroughly broken, regulators claim MF Global employees lied to them, and an estimated $1.6 billion in customers' money was impermissibly transferred.

.6 billion in customers' money was impermissibly transferred.




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