MF Global Bankruptcy and loaned shares?

What happens to the person who owns the shares that got loaned out to MF global if they declare BK?

ie: Margin hypothecation

 

Wow no genius here knows?

 

If they are missing you are SOL, line up with the rest of the creditors.

 

http://money.cnn.com/2011/11/01/news/companies/mf_global_bankruptcy/

NEW YORK (CNNMoney) -- Money was found missing from the books of MF Global, a discrepancy that cost the brokerage a potential deal with Interactive Brokers and forced it into bankruptcy, according to government agencies.