Much much more on MF Global

Occupy Raids are Secret Trial Runs for Martial Law by DHS
http://www.youtube.com/watch?v=JhzC-22b788

Debunking Money 1
http://www.youtube.com/watch?v=5iBSBVew-3Y

http://www.opednews.com/Diary/Damon-Vrabel-s-Debunking-M-by-Saman-Mohammadi-101112-676.html


http://cotocrew.wordpress.com/2011/09/23/denver-terror-drill-today-92311//
Excerpt:
Denver International Airport is home to a well known underground military installation that I talked about on the Tom Martino Show just the other day, which you can have a listen to here:
http://www.archive.org/download/TomMartinoShowWithSpecialGuest-JonathanElinoff/TomMartinoShowWithSpecialGuest-JonathanElinoff.mp3

Gerald Celente hammers MF Global's "MF'ers" on Capital Account
http://www.youtube.com/watch?v=W02n-wjPqNE

http://www.bamstudios.com/clients/tv-radio
Excerpt:
TV Radio spots
MF Global
Miller Brewing Company
Minute Maid
Monsanto

MF Global India TV ad
http://www.youtube.com/watch?v=1cnZSsmhnsU


MF Global TV Commercial
http://www.youtube.com/watch?v=K7N4ZjH8J6w

http://minnesota.publicradio.org/display/web/2011/12/05/mf-global-farmer-fallout/
Excerpt:
Dean Tofteland, who raises corn, soybeans and pigs near Luverne in southwestern Minnesota, has about $200,000 tied up with MF Global, said Sen. Amy Klobuchar at an Senate Agriculture Committee hearing. She said his situation shows how the firm's $6.3 billion bad bet on European bonds is being felt in small towns across America.
Klobuchar, a Minnesota Democrat, said afterward that recovering two-thirds of the funds "clearly isn't good enough" for farmers threatened with deep losses to their life savings.
Tofteland said in an interview that he never imagined money that belongs to him would just disappear.
"It's like having your house burn down without insurance," Tofteland said.
Grain farmer and rancher Marty Klinker of Fairfield, Mont., has lost about $336,000, said Sen. Max Baucus, D-Montana. Baucus said Klinker got about 60 percent of his money at MF Global back, but his prospects for the rest seem pretty grim.
He told CFTC Chairman Gary Gensler that Klinker trusted the system, and it let him down.
"You're absolutely right, the system has to work for the farmers and ranchers and the energy companies and all of the people that need to lock in a price, and segregation is at the absolute core of this system that's been existent for decades," Gensler said.

http://barnhardt.biz/
Excerpt:

US Banks and Brokerage Houses Tied to Europe

Posted by Ann Barnhardt - December 8, AD 2011 11:24 PM MST

I didn't know the exact mechanics as laid out in the ZeroHedge piece linked below, but I had been told a month ago that the entire US banking and brokerage/clearing paradigm was massively and inextricably tied to Europe, and thus the fuse on the whole thing was already lit and burning down quickly, and it was and is just a matter of time until the fuse burns down to detonation. When Europe goes, we go too. This combined with being notified of the risk of clawback actions to clients are the two top reasons why I pulled the plug on BCM. I reiterate, if we make it past Christmas it will be a miracle. Here it is.
And here is the URL to the Market-Ticker.org piece addressing the same thing:
http://market-ticker.org/akcs-www?post=198790
MF did its shady deals through London because the UK has basically no oversight or regulation on these exotic derivatives, and thus allows infinite layers of derivation and leverage. Lever the lever of the lever of the lever of the lever, etc. Don't think this is exclusive to MF. It is NOT. I know this for a fact. IT IS NOT LIMITED TO MF.
Here's the money quote:

virtually unlimited leverage via the shadow banking system, in which there are practically no hard assets backing the infinite layers of debt created above, and which when finally unwound, will create a cataclysmic collapse of all financial institutions, where every bank is daisy-chained to each other courtesy of multiple layers of "hypothecation, and re-hypothecation."

http://www.dailypaul.com/144648/saudi-markets-fall-over-6-gold-134060-silver-2801-dollar-7820

http://market-ticker.org/post=198790
Excerpt:

MF Global: The SERIOUS Issues Reach Mainstream Media

Posted 2011-12-08 08:40

by Karl Denninger

MF Global: The SERIOUS Issues Reach Mainstream Media

 

As I opined rather quickly when MF Global collapsed, the real risk is not that a futures merchant went under.  Brokerages go under all the time -- I went through two "consolidations" after 2000 and in both cases my assets and trading accounts were simply moved over to a new entity.  How "forced" those were is open to some question, but from my perspective I went to bed one day with an account at "X" and woke up with one at "Y".  Nothing disappeared.
The problem occurs when you wake up and assets have disappeared.  This has become a disturbingly-common pattern of late, from Bernie Madoff to Stanford and now MF.  As Reuters reports:

(Business Law Currents) A legal loophole in international brokerage regulations means that few, if any, clients of MF Global are likely to get their money back. Although details of the drama are still unfolding, it appears that MF Global and some of its Wall Street counterparts have been actively and aggressively circumventing U.S. securities rules at the expense (quite literally) of their clients.
MF Global's bankruptcy revelations concerning missing client money suggest that funds were not inadvertently misplaced or gobbled up in MF’s dying hours, but were instead appropriated as part of a mass Wall St manipulation of brokerage rules that allowed for the wholesale acquisition and sale of client funds through re-hypothecation. A loophole appears to have allowed MF Global, and many others, to use its own clients’ funds to finance an enormous $6.2 billion Eurozone repo bet.