Thursday, March 22, 2012

TBTF Sheriff Bill Black on the MF Global Cover-up: “All those that doeth Evil hateth the light!”

Capital Account's Lauren Lyster keeps the focus on MF Global in this excellent interview with Bill Black discussing the new 'Corzine Rule' that would reportedly restrict brokerages from rehypothecating (stealing) client funds.  Lyster correctly asks former bank regulator Black to explain the details of the fraud committed in the MF Global bankruptcy