Expect nothing, they will use the "Hillary Hedge" "I am sorry, I do not recall.... I am sorry, I do not recall..." NOTHING
Speaking of such people in high places, here's a timely article: http://lewrockwell.com/casey/casey112.html
That's great. I can't speak to UK clients. However, I can speak to the US clients I have been in touch with, and they have all received 65-70% of their money back.
Are you saying that's common practice or "c'mon"? And it's not as if every one of the thousands of MFG employees had their hands dirty in this mess. The risk team, from what I've been told by former MFG employees, were the ones who stayed on to aid the executor in the wind down process.
I mean "C'mon". I don't say everybody had dirty hands but for example, one who will likely get paid is Bradley Abelow, former COO, because "Brad"(...) is really helpful according to Louis Freeh. This guy was just under Corzine and had for sure a really important role in the firm's policies that led to the bankruptcy. Perhaps he is not a criminal, respected laws... but he is at least extremely incompetent. How can he pretend to be paid anything when some UK customers are still waiting to get one penny of their money? Even if you are totally innocent, you can realize that the customers situation is far worse than yours and that you can't expect to be paid anything. Running a brokerage is not that complicated when you are well-known like MF . All they got to do is churn commissions and ensure that your customers fund are secure, and even at this they failed...
No worries penalties for perjury are discretionary... as low as a whopping $25 fine... Which judge will earn bonus pay.