Friday, November 4, 2011

Brokers (cont.)

"Call it the mother of all margin calls: Up to 50,000 former customers of bankrupt broker MF Global must find some $1 billion in additional collateral almost overnight, or be forced out of their trades." (Source)
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4 comments:

  1. AnonymousNovember 4, 2011 at 10:00 AM

    Good grief! A snowball of bankruptcies as margin calls come to roost. Corzine deserves 1000years in jail, so do the regulators!

    ReplyDelete
  2. MBAGearheadNovember 4, 2011 at 11:53 AM

    Agreed. Or better yet, where's the noose?

    ReplyDelete
  3. randomguyNovember 4, 2011 at 1:58 PM

    hi mba,
    been following your blog for a while. i appreciate the honesty and also the simplicity of your blog. i am inspired to start my own blog based on your style :-)

    ReplyDelete
  4. MBAGearheadNovember 5, 2011 at 10:19 AM

    thanks hilmy, welcome to blogging. too bad my results aren't more inspiring! :)

    ReplyDelete

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