Loading ...This slime ball, formerly of MF Global has received permission to operate another hedge fund with severe restrictions. What honest person would deal with this guy. He is a crook. He bet his clients segregated funds on risky bets and was going to take all the profit from the deal. The only problem was it went south and he got a margin call he couldn’t meet.
Several people petitioned against him for obvious reasons. How many more of these slimeballs are out there paying their clients conservative type returns and playing the casino bets on the market and taking the lions share of the profit while the taxpayers backstop them. Corrine should have gone to prison and he didn’t even get his hand slapped.
rno