Archive for the Tag 'MF Global'

An Interesting Read On How Libor, JPM, And MF Global Relate

Below is an interesting read on how JPM IR swaps, MF Global and Libor may all relate in a very twisted web. One has to wonder if this is the leak that will eventually lead to a collapse when it comes to light just how much stuff was tied to Libor.. See article here.

Are Compliance Departments Blocking Use Of CME?

Kingworldnews has an update from their London trader source. Typical comments that supply is very tight and demand very high. Mthe most interesting part is that in various firms they are being blocked by their compliance departments from using the CME for commodity trading. Due of course to the fact they didn’t make MF Global [...]

Rant from Ann Barnhardt

An interesting read from Ann, especially the bankruptcy filing as a securities broker… I have received a few emails asking if I was still content with my decision to shut down my brokerage. Not only am I content, but after seeing the news that broke over the weekend, I am of the considered opinion that [...]

Great Read On Re-Pledging Collateral By MF Global And Canadian Banks

The following is a great read about how banks and other players like MF Global setup operations in London England to allow them to re-hypothecate collateral. Basically if you had a 300K house, and went to a bank for a 200K mortgage, the banks can and are turning around and using the collateral you put [...]

Ann Barnhardt Interview On MF Global

Below find an insightful interview by Ann Barnhardt, she specialized in cattle and grain commodities and announced a few weeks back that she, in good conscious couldn’t continue her business. She had no confidence in the integrity of her clients investments, including non margined cash sitting in their trading accounts. She goes on quite a [...]

Jim Rogers On Commodites Artifical Decline

Jim Rogers says MF Global is having a significant impact on Commodites and the drops in several commodities are artificial due the unwinding at MF Global. See full article here.