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banned from Kos

(4,017 posts)

2. That is right. Its not FDIC insured.

Reply to PoliticAverse (Reply #1)

Sun Apr 29, 2012, 03:39 PM

Apr 2012

Banks lose customers deposits frequently but the FDIC is there. Every bank the FDIC closes has lost money.

Now should MFG execs there be barred from the securities industry? Absolutely.

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Trustee - MF Global funds all traced and investigation "substantially concluded" [View all] banned from Kos Apr 2012 OP

So money was taken from customers without their authorization and they haven't gotten it back but... PoliticAverse Apr 2012 #1

That is right. Its not FDIC insured. banned from Kos Apr 2012 #2

Ha! I knew JP Morgan had it. dkf Apr 2012 #3

Someone must be held accountable pninen Apr 2012 #4

Have you recovered anything yet? The article says 70% of customer funds have been banned from Kos Apr 2012 #5

No, that did not happen to you MannyGoldstein Apr 2012 #6