Guys, found this bemusing article about MF Global "segregated account".
http://www.reuters.com/article/2011/11/03/us-mfglobal-australia-regulation-idUSTRE7A20U820111103
Moving $$ offshore is within the hedging rules - what a joke !
I'm sure all of us are pretty frustrated esp knowing that our hard earned money is being used elsewhere. We don't get the profit but when things go south, we get all our money sucked dry, pretty good investment indeed.
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Guys, found this bemusing article about MF Global "segregated...
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