Wednesday, February 01, 2012

Receiving Stolen Goods

So, uh, give it back?

(Reuters) - U.S. investigating authorities have traced more than 90 percent of the customer money which disappeared from MF Global around the time of its bankruptcy, the New York Times reported, citing people briefed on the investigation.

The Commodity Futures Trading Commission, the regulator leading the investigation, traced nearly all the money to banks, MF Global's trading partners and the firm's securities customers. The Commission, however, is unsure whether the money can be retrieved, the paper said.