MF Global admitted client funds used as crisis escalated: report

Discussion in 'Wall St. News' started by ASusilovic, Nov 1, 2011.

  1. Wow Corzine is in the shitter now
     
    #11     Nov 1, 2011
  2. Because its your money, probably other fun stuff too:p
    There goes your precious track record and all the years of "hard" work.
    Say you deposited 50k a few months ago, can you claim back your full 50k even your account is actually down to 30k?Who actually keeps track for the refund policy in such a messy event?
     
    #12     Nov 1, 2011
  3. ajcrshr

    ajcrshr

    #13     Nov 1, 2011
  4. Actually, that's a pretty easy question...If the purchase brought along all of the loyal clientale from strategy runner, then those were more customer assets to ****
     
    #14     Nov 1, 2011
  5. Well guess I don't have to worry about those ass holes not getting the code to my algo's. I did share it with them and they were too incompetent to really understand the scope and they would not modify any of their timed or tick interval datafeeds so without constant volume bars the whole strategy runner strategy exchange is pretty misleading when you have p&l greater than 200% despite a nearly 90+% drawdown for some of their strategies.
     
    #15     Nov 1, 2011