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TFC Commodity Trading Forum

MF Global/Edith Takes the 5th *LINK*

Looks like execs at MF stymie congress today. They cannot even say if the money was lost or stolen. Edith takes the 5th, and appears no progress was made on how a wopping 1.6 billion dollars is missing or who was at fault.

Reminds me of when the big cigarette companies held their hand up and swore they did not think cigarette smoking cauesed lung cancer. Now that was a cut throat business. If anyone is interested they can read the book Ashes to Ashes about the history of cigarettes. One may not want to pick up a cigarette after reading it.