The DeanCast Podcast

One Hundred Sixty Four

MF Global Halloween bankruptcy punishes midwestern farmers

Hosted by Dean Robinson

Vice President Joe Biden says the Taliban is not “our” enemy while United States fight the Taliban “The Apple” merges Apple TV-Mac Mini hybrid with iPad for Internet TV domination Tebowing used to be called genuflectinghttp://www.summitcitynoise.com/Site/Media/DeanCast%20One%20Hundred%20Sixty%20Four.m4a
Listen now!http://www.summitcitynoise.com/Site/Media/DeanCast%20One%20Hundred%20Sixty%20Four.m4a
Return to Summit City Noise home pageHome.html
WILL CHICAGO MERCANTILE EXCHANGE GROUP GUARANTEE ALL MF GLOBAL CUSTOMER LOSSES? RFD-TV: “It would be unwise ... when you look at the basis for the guarantee that we have on deposit,” says CME Group COO Bryan Durkinhttp://www.rfdtv.com/news/agriculture/news_feed/paying_out_on_mf_global_105/
WHAT DID CORZINE KNOW? CNN Money: CME operator Terrence Duffy says Corzine knew about funds transfers before MF Global Halloween bankruptcy bidhttps://news.fidelity.com/news/news.jhtml?cat=CompanyNews&articleid=201112141934CNN_____MONEY____-2011-12-14-news-companies-mf_global_corzine-index_htm&IMG=N
MF GLOBAL IS A WORLDWIDE LOCAL STORY Halloween bankruptcy punishes farmers and crushes confidence in financial markets By Dean Robinson - Summit City NoiseMF_Global_Halloween_Bankruptcy.html
OBAMA RETURNS $71,600 DONATION TO JON CORZINE Politico: Ex-MF Global CEO Corzine also served as donation bundler for DNC Victory Fund and Presidential reelection campaignhttp://www.politico.com/politico44/2011/12/obama-to-return-corzine-cash-108616.html
MF GLOBAL EMAILS SAY JPMORGAN CATCHES MISSING CASH MSNBC: The broke brokerage firm may have transferred $200 million in client funds to JPMorgan Chase three days before Halloween bankruptcyhttp://bottomline.msnbc.msn.com/_news/2011/12/21/9605694-wheres-mf-clients-money-follow-the-emails

MF OF THE YEAR

MF OF THE YEAR

Gerald Celente: ‘The MF Global story is huge. It’s the eighth largest bankruptcy in the history of the United States.’

MF GLOBAL EMPLOYEES SAY COMPANY SOLD SECURITIES TO GOLDMAN SACHS THROUGH JPMORGAN DAYS BEFORE COLLAPSE Reuters: JPMorgan Chase keeps cash after clearing purchasehttps://goldsilver.com/news/mf-global-sold-assets-to-goldman-before-collapse-sources/
MONTANA FARMERS SUE CORZINE FOR STEALING CLIENT FUNDS ABC News: "This is a suit by the real victims of MF Global," said plaintiff's attorney Mark Baker of the law firm Anderson, Baker & Swanson. "The missing funds were not investments in MF Global, or loans to MF Global, but rather the customer's own money as collateral to guaranty their contracts. They were not to be used by others – let alone their own broker – to speculate on risky and exotic securities."http://abcnews.go.com/Blotter/farmers-sue-jon-corzine-missing-millions/story?id=15321298
MF GLOBAL STOLEN CLIENT FUNDS MAY HAVE ‘VAPORIZED’ Gothamist: Wall Street Journal reports MF Global employees dipped into ‘customer segregated account’ to cover corporate debt before Halloween bankruptcy — most of the money may never be recoveredhttp://gothamist.com/2012/01/30/mf_globals_missing_12_billion_may_h.php
R.J. O’BRIEN AND ROSENTHAL COLLINS GROUP REAP HUNDREDS OF MILLIONS FROM MF GLOBAL HALLOWEEN IMPLOSION Reuters: Two firms flourish in frezied MF Global fall that presents rare opportunity for futures commission merchants to quickly gain valuable new customers from one of the world’s most active commodity houseshttp://www.reuters.com/article/2012/02/07/us-mfglobal-winners-idUSTRE8150AT20120207

Global players perform

‘Legalization of Theft’

on World Stage

MF Global trustee James Giddens says company misused customer funds days before bankruptcy

Sydney Morning Herald: Investigators for Giddens uncover more than $105 billion going in and out of MF Global during week leading to Halloween 2011 Chapter 11http://www.smh.com.au/business/tumultuous-last-days-in-mf-global-collapse-20120207-1r5jc.html

A little bit of the old in-out, in-out!

Ex-MF Global CEO Jon Corzine serves as Obama campaign donation bundler

MF Global crime: “You’ve got fraud here”

The Motley Fool: Four months after MF Global’s Halloween 2011 bankruptcy, no account of missing customer funds has been provided. The missing funds, the lack of government intervention, and the ongoing legal battles have fundamentally changed how customers view the industry and the world around them. James Koutoulas, co-founder and lead attorney for the Commodity Customer Coalition, says the missing funds are no accident. "In 200 years, no one ever lost money in a segregated account," Koutoulas says. "You've got fraud here."http://www.fool.com/investing/general/2012/03/06/after-mf-global-collapse-customers-struggle-with-c.aspx
DAMNING EMAIL SAYS JON CORZINE ORDERED $200 MILLION TRANSFER FROM CUSTOMER ACCOUNT TO COVER COMPANY SHORTFALL IN JP MORGAN ACCOUNT IN LONDON, ENGLAND NYDailyNews: Congressional investigators find email from former MF Global assistant treasurer Edith O’Brien indicating Corzine directly ordered funds transfer that violated protocolshttp://www.nydailynews.com/news/national/damning-email-surfaces-ties-nj-corzine-illegal-money-transfer-article-1.1050186