Employees of MF Global's British offices may have received their quarterly bonuses last Monday, just hours before MF Global filed for chapter 11 bankruptcy in New York, The Telegraph is reporting.
That's an interesting development, especially because last Monday, Robert Preston at the BBC reported very early in the morning that London employees had been sent home. Maybe they were sent home with their bonuses?
It is unclear whether US employees had also received bonuses, though this seems rather unlikely from MF Global's chaotic last hours that Monday morning.
Read more: http://www.businessinsider.com/mf-globals-uk-staff-received-bonuses-hours-before-bankruptcy-2011-11#ixzz1d898ECDD
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