Sunday 11 March 2012

MF Global: The thieves get bonuses


These people who engineered the looting of depositors’ accounts, should, by rights be in jail!
MF Global Holdings Executives to Get Bonuses If Court Approves

Bloomberg, 10 March, 2012
The MF Global Holdings Ltd. (MFGLQ) executives who oversaw the company before it failed last year should get bonuses this year if a bankruptcy court approves, said Frank Piantidosi, an adviser working with the trustee, Louis Freeh. A senator objected to Freeh in a letter.

The compensation packages are still being prepared, and would apply to Chief Operating Officer Bradley Abelow, General Counsel Laurie Ferber and Chief Financial Officer Henri J. Steenkamp, Piantidosi of Freeh Group International Solutions LLC said in an e-mail

For article GO HERE

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