Saturday, December 10, 2011

MF Global probe uncovers shady pre-fall trades

The New York Post reports:
Something sure stinks in stinksville.

The trustee handling the unwinding of fallen broker dealer MF Global has uncovered some “suspicious” trades made by the company in the last days leading up to its Halloween collapse, a bankruptcy judge was told yesterday.

The trades could strike at the heart of the mystery surrounding $1.2 billion in missing customer funds — and help the army of investigators searching for the cash since the Oct. 31 Chapter 11 filing.