Great news: Prominent Dem and Obama bundler probably won’t be prosecuted for $1B+ disappearance of customer funds « Hot Air: "Ahem. What kind of “porous risk controls” allowed MF Global to bet money that wasn’t theirs on Euro-zone debt? That seems to have faded from view as the issue at MF Global. It’s one thing for JP Morgan to bet the $6 billion farm on risky investments, but when a firm raids its customer accounts in an attempt to cover its own bad bets, that’s supposed to be a felony."
'via Blog this'