Full disclosure: I tried to buy Great Western Technology Inc.’s Troy. who are now going to try and “grab” it from the defunct GWMG some unsolicited advice. LCM was just a few years ago re-furbished.
Seven months since MF Global filed for bankruptcy, here is what is known about the brokerage firm’s customers and what happened to $1.6 billion worth of their missing money.
The administrator of MF Global has agreed to a short delay in its $3bn malpractice suit against PwC, which it accuses of sanctioning a scheme that allowed the company to amass ruinous amounts of.
PwC must face $1 billion lawsuit over MF global advice. corzine is not a defendant. Marrero on Wednesday noted that factors such as how MF Global employees implemented Corzine’s strategy might also have been major causes of the New York-based company’s losses. But he said a jury, not a judge, should sort out who was liable.
The Corpse Of MF Global Says PwC Should Pay $3 Billion For Bad Advice. FFIEC Issues FAQs on SAFE Act Registration for Depository Institution .
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MF Global’s 2011 collapse was almost entirely a Jon Corzine production. So should PwC, the global accounting giant perhaps better known as PricewaterhouseCoopers, pay $3 billion for his mistakes?.
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