Fun & Games with MF Global

MF Global Trustee’s Investigation Report (in Think Tank) has some fascinating details, as you can see from this particular graphic, courtesy of FT Alphaville.

That makes it appear that MFG was regularly shuttling money around, fior what legitimate purpose I don’t know. It confirms the advantages of simplicity over complexity in basic functions like brokerage transactions.

I’d suggest you read through as much of the report as you can bear . . .

 

click for full report

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