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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (3617)	1/24/2008 8:52:31 AM
From: 10K a day	Read Replies (4) \| Respond to of 71454

That dude got a salary of 145K and lost 7 billion. Shlt.... i'm in the wrong business. ...

To: Real Man who wrote (3617)	2/28/2008 10:06:03 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 71454

The next dead bodies, Thornberg and MF - rogue MF trader tanks fund. AP MF Global: Rogue Trader Rang Up $142M Thursday February 28, 9:14 am ET Rogue Trader at MF Global Allegedly Rings Up $141.5 Million in Losses NEW YORK (AP) -- MF Global says a rogue trader rang up $141.5 million in losses in the broker's own account. The New York-based company says a wheat trader was able to conduct unauthorized trades on Wednesday because of a failure in the entry-order system the broker used to vet trades.< The trader was fired immediately. MF Global clears its own trades, meaning it is responsible for $141.5 million in losses. The company said its clients' money is not threatened. MF Global hired a technology consultant to examine the system, which it says should have blocked the unauthorized trades. The discovery comes a month after French bank Societe Generale revealed that a rogue trader rang up more than $7 billion in losses on his company's account by allegedly placing unauthorized bets on European stock indexes.