Surprise, surprise....a criminal investigation into the collapse of the brokerage
firm MF Global and the disappearance of about $1 billion in customer money is
now heading into its final stage without charges expected against any top
executives, according to a NY Times report.
After 10 months of stitching together evidence on the firm's
demise, criminal investigators are concluding that chaos and porous risk
controls at the firm, rather than fraud, allowed the money to disappear,
according to people involved in the case…
http://www.cnbc.com/id/48686265
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