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WSJ's Scott Patterson on the latest with MF Global
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Mon, 30 Jan 2012
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Wall Street Journal reporter Scott Patterson discusses the latest news on the MF Global saga.
MF Global found at 0:06, 0:41, 1:18
Well MF global collapse and declared bankruptcy for about three months ago. And at that time there was speculation that it could be 800000600. Millionheadline. Apart from this that they're opening paragraph nearly three months after MF global holdings limited collapsed officials hunting for an estimated one point two. Billion dollars in missing customer money increasingly believe that much ofcase you're buying commodities you're selling commodities within Europe account -- MF global . Did that was their line of business if you. Well. The money just imagine. That. What we're trying to determine is why they can't find any of these funds. And I -- the it's been three months since the bankruptcy the former CEO -- of both the former state senator. A former governor from New Jersey and by the way a former chairman of the board and CEO of Goldman Sachs. Was the head of MF global use questioned. In front of congress and said she I don't know where the money is idea I have no idea what happened to the the one point two billion dollars. So we're gonna try to dig into that topic we are now joined I think we've been able to track down Scott Patterson Scott carried -- today. Good pay 11 point two billion seems to be the magic number now over -- MF global that's how much money is missing.


