Independent Trader Talks About Losing Everything In MF Global Theft: "My Life Savings Are Now Frozen, Thanks To The Snake Jon Corzine"

"My name is Foti Georgiadis.  My life savings are now frozen as a client of MF Global.  This is my story."

Background:

Janet Tavakoli - Analyzing the Fraud at MF Global

Email Ties Corzine to Missing Funds - WSJ

Reuters - Eric Holder, Top DOJ Lawyers Were Partners With Big Banks

DOJ Lawyers, Holder Were Partners In Firm That Represented MF Global

Financial Fraud Conviction Scorecard: Bush: 1300+, Clinton: 1000+, Obama: 0.0

REPORT: Five Senior Goldman Sachs Execs Gave $130K To 'Obama Victory Fund' WHILE Eric Holder Was Deciding Whether To File Criminal Charges

Comments

[Ponce......]

I have been saying now for a long time that... "If you don't hold it, you don't own it"... Ponce

[TR]

Buyer Beware! - "There's a sucker born every minute" - Don't gamble if you can't afford the loss. etc.

Damn ! No Debt & instantly available Assets just aren't working for me. Guess I'm a slow learner.

[DailyBail]

"It's Been A Living Nightmare" - JPMorgan Admits To Illegally Overcharging Thousands Of Troops On Mortgages, And Wrongful Military Foreclosures

http://dailybail.com/home/its-been-a-living-nightmare-jpmorgan-admits-to-illegally-ove.html

[Canuck]

I'm sure you've seen this DB but I'll post anyways.

"Worse, Grede said, is that the ruling suggests that a brokerage that allows customer money to be mixed with its own is not necessarily committing fraud."

http://www.reuters.com/article/2012/08/10/us-sentinel-appeals-decision-idUSBRE87900T20120810

Corzine's lawyers will be all over this. Unrel.

[DailyBail]

Canuck

It's a huge story that I didn't see until Morloch posted something about it last night. I'm still trying to get a read on exactly what it means (waiting for Chris Whalen to respond to my voicemail), but either the judge is corrupt or this means NO FUNDS are safe at futures brokerage accounts.

Has anyone else written about what this Sentinel ruling means?

[David]

That's why back in 2008 (after my 401K got screwed) in my mattress. I don't trust a single mother f'er in Wall Street or the Banks or the Government.

Don't have much sympathy for this guy, sorry to say that, but he should have seen these crooks and the lack of prosecution of these f'er and pulled his money out a long time ago.

[Canuck]

This is almost a month old but gives a lot of info on where MMFs are headed

http://www.zerohedge.com/news/government-your-legal-right-redeem-your-money-market-account-has-been-denied-sequel

[DailyBail]

Canuck

I remember glossing over that story on ZH, so thanks for the refresher.

Not a positive development.

[Pitchfork]

I don't know how I missed this earlier (it was reported in 2010), but it's come up in the news recently that Obama admin officials met with lobbyists hundreds or thousands of times at COFFEE SHOPS instead of at the WH in order for the meetings to go under the radar. Moreover, the anonymous lobbyists who spoke to the NY Times reporters indicate that both Obama Care and the Dodd-Frank bills were hashed out by lobbyists at places like Caribou Coffee and Starbucks, without any official record of the relevant meetings.

Here's the 2010 report.

http://www.nytimes.com/2010/06/25/us/politics/25caribou.html?_r=1&pagewanted=all

[SKINFLINT]

Holy Shit.

[DailyBail]

I've seen some of those recent stories, Pitch. And Obama promised us the most transparent white house in history. Lying bastage.

[Stendec]

Wow when people will ever learn, Banks, Wall street ,government all are thieves & LIARS..Sorry Foti but your money is sitting in Tel-Aviv or Haifa Bank!