Breakfast Links
- Posted by Jeff Carter
- on July 10th, 2012
PFG Best had 220 Million or more vaporize. Another futures industry scandal.
I clear Shepard International. Happy to make introductions. They are a clean, tight run shop.
It’s really astonishing. A total CFTC fail.
PFG Best used Jefferies to clear their trades. $JEF Wonder how much money they are out? Just in accounts payable.
The regulators are corrupt. But we knew that a long time ago in the US. That’s why we had a housing crisis. As Barney Frank said, “We rolled the dice.”
Did someone say “bank run”?
The French had an auction yesterday, at negative interest rates. Betcha the US Ten Year trades under 1%. $ZF_F
Obama kills small businesses.
The Pension crisis still isn’t solved.
This is good video from Rick Santelli.
The MF Global song has become the PFG Best song
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Jeffrey Carter is an angel investor and independent trader. He specializes in turning concepts into profits. He co-founded Hyde Park Angels one of the most active angel groups in the United States in April of 2007. He previously served on the Chicago Mercantile Exchange Board of Directors. He has done market commentary for (More...) -
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