"MF Global is worth more to its Creditors Dead than it was Alive" says Fund Manger Mark Melin
Despite those who are speaking out, is there just no winning against the too big to fail banks? Remember, when judge Jed Rakoff rejected the SEC's 285 million dollar settlement with citigroup over toxic mortgage debt. It was because Citigroup wasn't forced to admit liability. Well, now a federal appeals court has stopped just short of rejecting his rejection, saying he overstepped his authority. Come on! What's it going to take to see some admission of guilt for conch? And speaking of the need to admit guilt, what ever happened to Jon "the Don" Corzine? The MF Global brokerage trustee says they know where some more money is -- they want to distribute another $685 million dollars to customers, while another trustee has been asked by US lawmakers to abort his mission to pay out bonuses to MF Global executives. But just who are these trustees? We'll expose this and more.