Browsing Tag


Those MF Global MFs!

We have a good friend with money tied up in the MF Global debacle. As of November 1st, he had close to $100K in his “segregated” futures account with no open positions. He says the MF Global website is shut down and the phones don’t…

BofA delays Countrywide bankruptcy

The word is that BofA did in fact consider declaring their Countrywide subsidiary bankrupt to ring fence the rest of the company from Countrywide. It got as far as a board vote this past summer. This Wall Street Journal video discusses…

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