Long days ago, when the world was more honest and simpler, I was sitting in the office of a banker friend who happened to remark [I don't remember the context] that "money doesn't disappear - it only changes hands". What an eternal truth! Investigators, in this electronic age, should be able to track down the missing millions at MF Global. If books do not balance, or the data has been erased, or the money can't be traced then the management at MF Global is really no different from the pick-pocket on the train who swipes your wallet. And should be caught and treated the same way.
They are trying to protect these crooks from jail time and it seems to be working. Is amazing all the people that are letting them get by with this. Of course about the same thing happened with TARP and most of America just plays along with the game like it's no big deal.
And to repeat what I said earlier, the "poor" includes millionaires. If you're a successful trader, entrepreneur, etc., you won't get special treatment unless you're an insider (Buffet, Soros type) or belong in circles like these: http://thinkmarkets.files.wordpress.com/2011/12/crony-capitalism.jpg
When can funds be expected out of the bankruptcy - and how much? Some people are still waiting for funds from the Lehman bankruptcy. Isn't it better to grab 90% offered by some buyers of these claims, like Prime Shares, Contrarian Capital, UBS Investment Bank, Tannor Capital and others now and put the funds back to work? A claimant might never get 100% - perhaps 95%! Felix
they should just go through everybody's trading records. If you were a winner you should get your money back. If you were a loser they should just figure you were going to lose it anyway so why pay it back?