by Nick Brown & Alexandra Alper Reuters.com:
A U.S. regulator said he thinks “something nefarious” occurred at MF Global, deepening the criticism facing the fallen futures brokerage.
As customers worried about whether they will recoup the full value of their accounts, a trustee winding down MF Global’s broker-dealer unit said separately on Tuesday that clients may be able to submit claims for losses within weeks.
Bart Chilton, a Democratic commissioner at the U.S. Commodity Futures Trading Commission, told Reuters Insider that U.S. regulators are closer to finding out what happened to roughly $600 million in missing customer money.
“The money is not where it should be. I think something nefarious has happened, potentially something illegal,” he said.
he is a useless piece of shit … omg.
Duh!
Hey look at that avatar… my brain is showing, maybe Mr. Chilton would like a piece (the common sense node).
Bart is officially just a Talking Head. This is a perfect example. I don’t believe in the “Elite Plan” I believe in personal agendas. I believe a lot of these personal agendas count on worthless government bureaucrats such as Bart for their success, he is no doubt a contributing factor.