MF Global

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11-01-2011, 10:33 AM
Cyclonepride

Re: MF Global

Quote:

Originally Posted by MilehighClone

This article sums up the present situation nicely. It's amazing to me how much leverage these guys are still allowed to put on. Look out below. U.S. Banks Sell More Insurance on Europe Debt - Bloomberg

All it will take for disaster to strike is for one major player to not be able to answer the call on their poor bet, and then the dominoes will start falling.
11-01-2011, 10:35 AM
Wesley

Re: MF Global

Sounds like a giant cluster f.....

The greed for higher earnings is putting everyone in jeopardy.

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