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To: Fiscally Conservative who wrote (26755)	11/22/2011 9:18:30 AM
From: GROUND ZERO™	1 Recommendation Read Replies (2) \| Respond to of 219142

MF Global is one of the most outrageous and brazen abuses of customers by Wall Street insiders that I have ever seen. That it has been receiving so little attention by the mass media shows the extreme moral hazard in which the average American unsuspectingly operates. MF Global is worse than Madoff. It was not a Ponzi scheme. The customers were not betrayed by a fraud. Rather, within an officially sanctioned system overseen by the government and the guarantees of a major global exchange and the regulators of the markets of the nation, their property was confiscated, stolen, and sold, and then stolen again by the creditors and criminals who conceal it and attempt to claim it as their own. And yet as bad as it is, the cover up, which is still under way, may be worse in its eventual effects, and bring down careers, some market organizations, and perhaps even members of the government. jessescrossroadscafe.blogspot.com GZ