MF Global Looted Customers' Accounts Via Internal Bank Run

Although individuals were burned by the broker’s downfall, larger clients were protected from the fallout because they had the miraculous fortune of withdrawing all their funds just weeks before the collapse.
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I'd be pretty ticked off too........
(I guess buying gold wasn't a good idea after all)

anneutral wrote:

Although individuals were burned by the broker’s downfall, larger clients were protected from the fallout because they had the miraculous fortune of withdrawing all their funds just weeks before the collapse.
==========
I'd be pretty ticked off too........
(I guess buying gold wasn't a good idea after all)

Buying gold and silver is actually a perfect idea. As long as it is physical gold or silver (use places like Midas Resources or Bullion Direct). The EFT's or futures is the wrong way to go. As you can see they can be ripped off.

For instance, Silver EFT's are issued and controlled by JP Morgan. So when silver in value goes past JP Morgan stock value, they manipulate the markets and drive it back down. This is what happened when SLV jumped up to $52/share. Within 3 days, JP Morgan brought it back down to $35 which was equal to JP Morgan stock at the time.

Also about a year and half ago, JP Morgan started to accept hard gold and silver as deposits. Then reported in Fortune, JP Morgan execs were teaming up with the pentagon flying black hawk helicopters in Afghanistan searching for gold and silver mines. That article Bill was gracious enough to post on here.

When you buy just 1 ounce of hard .999 pure silver, you take $100 off of JP Morgan's balance sheet.

Arrest all the top executives at MF Global, they are thieves, and gangsters, Where is the OWS crowd? The OWS crowd should camp out at the justice department until. Everyone at MF who is responsible is arrested

This seems like the sort of crime that should be investigated under RICO.

Mr_Bill wrote:

This seems like the sort of crime that should be investigated under RICO.

It sounds to me like the kind of bank that deserves to go bankrupt.

The U.S. government is not taking advantage of an enforcement tool that could potentially hold top Wall Street figures accountable for their role in the recent financial crisis, despite its prior success.

Broker-dealers, investment advisers, and others regulated by the Securities and Exchange Commission are required to supervise their representatives. If a trader engages in misconduct, the SEC can sue the management with “failure to supervise.”

But in some of the biggest cases the SEC has brought in recent months — against units of JPMorgan, Goldman Sachs, and Citigroup — the agency has only sued low level bankers

true wrote:

The U.S. government is not taking advantage of an enforcement tool that could potentially hold top Wall Street figures accountable for their role in the recent financial crisis, despite its prior success.
Broker-dealers, investment advisers, and others regulated by the Securities and Exchange Commission are required to supervise their representatives. If a trader engages in misconduct, the SEC can sue the management with “failure to supervise.”
But in some of the biggest cases the SEC has brought in recent months — against units of JPMorgan, Goldman Sachs, and Citigroup — the agency has only sued low level bankers

If only the GOP had not decided to protect crooked bankers and brokers by lining up against Elizabeth Warren...

With all the insider trading, what happened?
They busted Martha Stewart for penny-ante stuff, while billions flowed into deep pockets.

the democratic party's conspiracy against the koch brothers? corzine was reckless at goldman with his trading, so maybe not.

What actually happened with MF Global - 15 Nov 2011 Trends Research Institute
Uploaded by GeraldCelenteChannel on Nov 16, 2011

http://www.youtube.com/watch...

Mr_Bill wrote:

<quoted text>
If only the GOP had not decided to protect crooked bankers and brokers by lining up against Elizabeth Warren...
With all the insider trading, what happened?
They busted Martha Stewart for penny-ante stuff, while billions flowed into deep pockets.

Why is it just the GOP you talk about when you know darn right well all the crooks in congress Pelosi being one of the biggest ones increased her wealth over 60% the last two years all off of insider trading? you always come up with great truthes when it comes to corrupt government but always point at the false paridigm of the right or the left. What is it about lordship obama telling WE THE PEOPLE that we should for go going out to eat sometimes or taking a vacation while he is the king of vacations this year. What a example he is. Honestly ms bill, do you really believe that our government is at all ligit?

PS ms bill, what martha did was no different than what congress does every day but for them it is legal go figure

true wrote:

<quoted text>
Why is it just the GOP you talk about when you know darn right well all the crooks in congress Pelosi being one of the biggest ones increased her wealth over 60% the last two years all off of insider trading? you always come up with great truthes when it comes to corrupt government but always point at the false paridigm of the right or the left. What is it about lordship obama telling WE THE PEOPLE that we should for go going out to eat sometimes or taking a vacation while he is the king of vacations this year. What a example he is. Honestly ms bill, do you really believe that our government is at all ligit?

Your position is that Nancy Pelisi increased her wealth by 60% in two years by insider trading?
Please give a credible source fot your allegation.
(infowars and FOX are not credible)
(I sometimes include infowars because they are provocative.)

It is true that Congress is woefully weak on ethics legislation, and again, that is the fault of the GOP, who aare captive to industrialists.

John McCain made a real try to clean up congress, and his own party killed it (he had the Democratic votes lined up.)

Unfortunately, congress is, and has always been a swamp of corruption.
My simple solution is cheap TV radio, & cable broadcast advertising rated for all qualified candidates in primary and general elections. This could be part of the licensing requirements.
Why? Where does all the money go?
Political Advertising.

Mr_Bill wrote:

<quoted text>
Your position is that Nancy Pelisi increased her wealth by 60% in two years by insider trading?
Please give a credible source fot your allegation.
(infowars and FOX are not credible)
(I sometimes include infowars because they are provocative.)
It is true that Congress is woefully weak on ethics legislation, and again, that is the fault of the GOP, who aare captive to industrialists.
John McCain made a real try to clean up congress, and his own party killed it (he had the Democratic votes lined up.)
Unfortunately, congress is, and has always been a swamp of corruption.
My simple solution is cheap TV radio, & cable broadcast advertising rated for all qualified candidates in primary and general elections. This could be part of the licensing requirements.
Why? Where does all the money go?
Political Advertising.

Credibility, as far as infowars have you ever watched end game? done a feww years ago and yet right on the money hows that for credible. this false left right paridigm you believe in really limits your sight. pelosi is just another example of a common sense truth of the corrupt politicians but you actuallythink theres a difference in the two who do nothing but sit back laughing having you right where they want you believing in one party or the other. You might want to look at a lot more sources other than the ones you mentioned, you do your own homework cause i beleive the fact you even show a interest might be what helps you to see the truth someday i wish you well.

ps, havent said any fun insulting craap to you lately but im a little busy these days hope to be back in form soon

true wrote:

<quoted text>
Credibility, as far as infowars have you ever watched end game? done a feww years ago and yet right on the money hows that for credible. this false left right paridigm you believe in really limits your sight. pelosi is just another example of a common sense truth of the corrupt politicians but you actuallythink theres a difference in the two who do nothing but sit back laughing having you right where they want you believing in one party or the other. You might want to look at a lot more sources other than the ones you mentioned, you do your own homework cause i beleive the fact you even show a interest might be what helps you to see the truth someday i wish you well.
ps, havent said any fun insulting craap to you lately but im a little busy these days hope to be back in form soon

I can't make any sense of your response, so get well soon.

I wish people that are attacking Celente would come fw and admit what reserves THEY have? A welfare check? Of course there are those that cannot have empathy, they probably have disdain that a fellow human could HAVE something. So pox on the idiots that attack him. Or as he might say, wait till the coffers shut off your welfare or free 5 lbs of cheese. Do us all a service and stop posting. When I was a newcomer to the web one of the first things I read was that the more people that assessed the web the 'stupider' it became. Ditto.

This is despicable. No man should be robbed like this and he should have the protection of justice. NOt JUSTUS as Gerald mockingly refers to.

I've had cold sweats about losing my life savings too. Real cold sweats.

My thoughts are with Gerald and all the other people who held acct's with mf global. I hope you all get restitution, if only in seeing someone have to be held criminally accountable.

Mr_Bill wrote:

<quoted text>
I can't make any sense of your response, so get well soon.

Getting wel is a he ll of a struggle these days

Mr_Bill wrote:

<quoted text>
Your position is that Nancy Pelisi increased her wealth by 60% in two years by insider trading?
Please give a credible source fot your allegation.
(infowars and FOX are not credible)
(I sometimes include infowars because they are provocative.)
It is true that Congress is woefully weak on ethics legislation, and again, that is the fault of the GOP, who aare captive to industrialists.
John McCain made a real try to clean up congress, and his own party killed it (he had the Democratic votes lined up.)
Unfortunately, congress is, and has always been a swamp of corruption.
My simple solution is cheap TV radio, & cable broadcast advertising rated for all qualified candidates in primary and general elections. This could be part of the licensing requirements.
Why? Where does all the money go?
Political Advertising.

House Minority Leader Nancy Pelosi (D-Calif.) saw her net worth rise 62 percent last year, cementing her status as one of the wealthiest members of Congress.

Pelosi was worth at least $35.2 million in the 2010 calendar year, according to a financial disclosure report released Wednesday. She reported a minimum of $43.4 million in assets and about $8.2 milion in liabilities

Mr_Bill wrote:

<quoted text>
I can't make any sense of your response, so get well soon.

Of course you cant you of so liberal faith, you answered like who you are would do.
and WE THE PEOPLE do not understand other than you must be a paid disinfo poster for obaaaaaaama, cause only a liberal would answer the way you do picking and choosing what news storys you will post as long as they are according to your liberal standards

iN OTHER COUNTRYS THEY WOULD DRAG THESE SCUM THROUGH THE STREETS TIED TO A BUMPER

true wrote:

<quoted text>
Why is it just the GOP you talk about when you know darn right well all the crooks in congress Pelosi being one of the biggest ones increased her wealth over 60% the last two years all off of insider trading? you always come up with great truthes when it comes to corrupt government but always point at the false paridigm of the right or the left. What is it about lordship obama telling WE THE PEOPLE that we should for go going out to eat sometimes or taking a vacation while he is the king of vacations this year. What a example he is. Honestly ms bill, do you really believe that our government is at all ligit?

Think more about reality...MF Global, and ess about lies Beck and Rush feed to you like slops.