Wednesday, January 04, 2012

Between The Lines

I've read this article a few times and I can't quite figure it out. I think there's an implied allegation here, I'm just not sure precisely what it is.
REUTERS - MF Global unloaded hundreds of millions of dollars' worth of securities to Goldman Sachs in the days leading up to its collapse, according to two former MF Global employees with direct knowledge of the transactions. But it did not immediately receive payment from its clearing firm and lender, JPMorgan Chase & Co, one of the sources said.