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Thread: MF Global

  1. 11-01-2011, 10:33 AM #16
    Cyclonepride
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    Re: MF Global

    Quote Originally Posted by MilehighClone View Post
    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.
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  2. 11-01-2011, 10:35 AM #17
    Wesley
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    Re: MF Global

    Sounds like a giant cluster f.....

    The greed for higher earnings is putting everyone in jeopardy.
    Looking forward to CFH magic for the next bball season, Georges style.
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