MF Global’s Missing $1.2 B Gone for Good

Written by Pat's Papers | Monday, 30 January 2012 7:20 AM

Bad news for those whose money was tied up in MF Global. The Wall Street Journal says after three months of searching, officials still don’t have a clue where the missing $1.2 billion is. A group of 60 forensic accountants has been scouring the company’s correspondences after it filed for Chapter 11 on October 31, but still no dice.

SOURCE: Wall Street Journal

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