There must have been a computer glitch somewhere….the trustee supervising the liquidation of MF Global Holdings Ltd.'s brokerage on Friday said that more than $1.6 billion in customer cash remains out of his grasp, more than previously estimated.
Included in that figure for the first time is roughly $700 million in client money residing in the U.K., which is likely to be the center of a legal fight with KPMG, the U.K.-based administrator overseeing the unwinding of MF Global's London-based ...
Read more at http://online.wsj.com/article/SB10001424052970203646004577215400103051944.html?mod=WSJ_hp_LEFTWhatsNewsCollection
No comments:
Post a Comment