Monday, October 31, 2011

Not a household name but HUGE implication

http://finance.yahoo.com/news/MF-Global-files-for-rb-3630437589.html?x=0&sec=topStories&pos=main&asset=&ccode=

Another MESS

Game Over. And in the meantime, we get the following report from a media source: "CME’s acting like the MF Global thing just happened. They’re haphazardly locking traders out who clear with MF, blocking access to the floor of not just MF Global employees but people who clear through them. As a result, nobody wants to leave the floor and nobody who still has access wants to trade just to get locked out." MF GLOBAL just filed for bankruptcy