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Bob Chapman on MF Global--Will Investors really get their Money Back?--01-12-11

  • Broadcast in Finance
Financial Survival Network

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The International Forecaster joins us again, this week for our bi-weekly chat. Bob and I discuss the gold and silver New Year's take-off. We touch upon the Commodity Futures Trading Commission's review and investigation of the CME group. The C.F.T.C.'s has been tasked with looking into the leading causes of the MF Global failure. Check out a great interview Bob posted about this at www.theinternationalforecaster.com.

Most of us thought Jon Corzine was finished, we were all sure he would never work on Wall Street again. However, Corzine is rumored to be going back into business and is even looking for new office space near the New York Stock Exchange. MF global is attempting to get everyone their money back, but why didn't CME stand behind their clients from the beginning? Regardless of who's really at fault, Bob predicts major changes in the way the Comex and other exchanges operate

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