Peregrine Financial claimed it was holding $220 million in client funds when it actually had just $5 million, regulators claim. Full Story »
Posted by Jack Powers - via Google News (Business)
I have little sympathy for any derivative trader, since they were at the base of the economic collapse under Bush.
In a public letter, Attain Capital, which also had money with MF Global, says it was misled by Peregrine’s senior leadership, let down by regulators and failed by the ... More »
Regulators are going after a Chicago-based a futures brokerage saying it engaged in fraud, misused client money, violated customer fund segregation law and made false ... More »
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