MF Global Cash Lost and Found

“For weeks, financial experts and the media have said that the $1.2 billion in customer money “lost” by MF Global would never been found.

Now, the trustee for the customers reports that

“The trustee’s investigators have now traced a majority of the cash transactions, totaling more than $105 billion, made in and out of MF Global Inc. in the last week before bankruptcy and are completing the process of tracing the remaining transactions.”

No indication about where the money was hidden.”

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