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#1 dharma

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Posted 10 November 2011 - 12:02 PM

this is off topic for this board, but i felt it was worth the post.
http://jessescrossro...e.blogspot.com/
yesterday afternoon, jesse posted this piece. apparently, and obviously all the facts are not yet known. But what is known is that customers are missing assets from their accounts. one of the main safeties of having an account @ a broker is your account is segregated and supposedly cannot be touched. apparently that is not the case when the ex ceo gs runs the company. read jesses expose and be alert
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comments are always most welcome

#2 dharma

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Posted 11 November 2011 - 10:29 AM

interesting to me, that 600million is missing from folks segregated commodity accounts and there is little interest. they can easily come and do that in anyones account and the perpetrators walk free. i guess its ok to do that when you are former ceo of gs dharma

#3 dharma

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Posted 11 November 2011 - 11:06 AM

update from forbes:
http://www.forbes.co...how-when-where/
dharma

#4 dougie

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Posted 11 November 2011 - 11:47 AM

anyone know how to handle this? Backyard seems the only option

#5 rooster

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Posted 11 November 2011 - 11:52 AM

I do my trading with one of the 5 Canadian Banks. Does anyone know if this sort of thing could happen with my shares?

#6 dharma

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Posted 18 November 2011 - 11:59 AM

here is a casualty of mf global, another brokerage firm . this letter is worth the read
barnharadt folds, read em and weep

excerpt
The reason for my decision to pull the plug was excruciatingly simple: I could no longer tell my clients that their monies and positions were safe in the futures and options markets – because they are not. And this goes not just for my clients, but for every futures and options account in the United States. The entire system has been utterly destroyed by the MF Global collapse. Given this sad reality, I could not in good conscience take one more step as a commodity broker, soliciting trades that I knew were unsafe or holding funds that I knew to be in jeopardy.
http://barnhardt.biz/
dharma
where is corizine? indicted? free? you guess

Edited by dharma, 18 November 2011 - 12:01 PM.


#7 stubaby

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Posted 18 November 2011 - 01:03 PM

here is a casualty of mf global, another brokerage firm . this letter is worth the read
barnharadt folds, read em and weep

excerpt
The reason for my decision to pull the plug was excruciatingly simple: I could no longer tell my clients that their monies and positions were safe in the futures and options markets because they are not. And this goes not just for my clients, but for every futures and options account in the United States. The entire system has been utterly destroyed by the MF Global collapse. Given this sad reality, I could not in good conscience take one more step as a commodity broker, soliciting trades that I knew were unsafe or holding funds that I knew to be in jeopardy.
http://barnhardt.biz/
dharma
where is corizine? indicted? free? you guess



dharma:

Latest Jim Willie worth the read:


Gold & Whirlwind Crisis


stubaby
GOOD LUCK - the 'Galloping Gertie' syndrom about to hit the US and World Financial Markets over the next 2 Years - Batton down the hatches! Galloping Gertie - Public StockCharts List

#8 dharma

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Posted 22 November 2011 - 03:42 PM

this is what i have been alluding to
http://www.321gold.c...nger112211.html
dharma

#9 dharma

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Posted 02 December 2011 - 03:20 PM

puplava interviews anne barnhardt.
http://www.financial...global-collapse
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#10 dharma

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Posted 20 December 2011 - 02:35 PM

from barrons on mf global
http://online.barron...glenews_barrons
jesse wades in on mf global
http://jessescrossro...e-customer.html

dharma