This is an obscenity: MF Global missing money now estimated at $3 billion

Why it was just a few days ago the feds were saying a mere $600 million had vanished out of supposedly safe MF Global customer accounts. Apparently the feds are no longer capable of counting, as the amount is now estimated at $3 billion. Worse, the trustee says former customers will now get a mere 60% of their holdings, with no explantion about the other 40%. Much of the holdings in accounts are still frozen because the trustee and feds have no idea where it is.

REST AT http://polizeros.com/2011/11/21/mf-global-missing-money-now-estimated-at-3-billion/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+PoliticsInTheZeros+%28Politics+in+the+Zeros%29