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Sigh,.. I really did not know about their bankrupcy situation until over the weekend. When was it surface? I thot' I am pretty much up to date, but really missed this pending sign.
Maybe I should just close all my other CFD account with other service providers.. who knows what is going to happen next.
Anyone here got CFD account with MF. better withdraw your money fast.
Those who play derivatives and have money invested in that fund and this fund.....better quicly check ...many banks will be involved as they bought derivatives through fund houses etc....Run Road
Isit comparble to Madoff and or Lehman..?. think both and many others those out there to cheat..SAD :((
Slowly the tip of the ice berg is melting very fast - suddenly. oni 400 billion.
Now 1.2 trillion in debt..?.
seanpent ( Date: 01-Nov-2011 11:11) Posted:
| " MF Global's meltdown in less than a week made it the biggest U.S. casualty of Europe's debt crisis, and the seventh-largest bankruptcy by assets in U.S. history." |
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Sorry to hear that. But the news of the possibility that they will go bankrupt was out for a while, you should have withdrawn your fund way before. Not sure will MAS take any action to save the investors money tho. Hopefully they will.
august ( Date: 01-Nov-2011 15:36) Posted:
One CFD service provider quickly say fund with them safe. Before I sign up with MF Global. they also say fund with them is safe - under different account as required by our MAS.
Now, I want my safe fund back, but nobody hue me. Cant even get into their phone line,..chat all down. So how to be safe ? Safer to withdraw all money and stuff in pillow. How to trust any of these Institute anymore ?? |
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Last time. DBS hutong all the mony and claim default, don 1 2 pay back and now....what..?.
Isit just like MBS huhh...old lady win jackpot S$416K ++, don 1 2 to pay..!!
seanpent ( Date: 01-Nov-2011 15:29) Posted:
" reminiscent of the collapse of Lehman Brothers in 2008 at the height of the financial crisis " ?
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Goldman Sachs helped the Greek govt to mask the true extent of its deficit with the help of a derivatives deal that legally circumvented the EU Maastricht ...
This article analyzes the connection between the fraud case brought against Goldman Sachs and Greece's mounting debt problems
www.globalization101.org/news1/Goldman_Sachs_Greece - Cached
Anyone still believe in Goldman Sachs...and all about this man from Goldman Sachs, isit tis man..?..
MF Global CEO Jon Corzine was from Goldman Sachs.
One CFD service provider quickly say fund with them safe. Before I sign up with MF Global. they also say fund with them is safe - under different account as required by our MAS.
Now, I want my safe fund back, but nobody hue me. Cant even get into their phone line,..chat all down. So how to be safe ? Safer to withdraw all money and stuff in pillow. How to trust any of these Institute anymore ??
" reminiscent of the collapse of Lehman Brothers in 2008 at the height of the financial crisis " ?
Their phone went ring one time..than tooooo all the way. All run road. I cant even speak with anybody. Cant even get into my platform coz the password does not work anymore ?!
What is MAS going to do about it ?
The company had taken too much risk in investing in EU. Now they cant cover back.
" MF Global's meltdown in less than a week made it the biggest U.S. casualty of Europe's debt crisis, and the seventh-largest bankruptcy by assets in U.S. history."
Eeeeeks! What happened ?
