http://www.foxbusiness.com/2012/02/24/sloppy-book-keeping-led-to-mf-globals-demise/
MF must be covered up.
Confidence in the entire system of "electron wealth" would be undermined
And we know this is all a "Con" game.
The origin of the Con, is the word Confidence
All I can say is, prepare yourself. It is not silly to spend time being ready for a sea change in the way things work. We are approaching a "blow off top" not just the stock market indices.
"Sloppy Bookkeeping"? Beyond absurd. These are not complicated transactions and the audit trail would be absolutely visible. So yes, it's a deliberate theft & cover-up at the highest levels IMO if JPM absconds w/the funds.
ReplyDeleteStill, just one little burp in a vastly larger cesspool....
Indeed, the tip of the iceberg. Frozen cesspool.
ReplyDelete