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Scott Raynovich
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Blogger
Re: MF Global
Scott Raynovich   3/11/2012 10:03:45 PM
NO RATINGS
@Noreen,

Yes, thanks. I had the pleasure of my wife reading me this reference over the weekend. "Honey, did you know the MF Global executives are still being paid large amounts of money?"

This space is not appropriate for my verbal response.

Noreen Seebacher
User Rank
Blogger
MF Global
Noreen Seebacher   3/10/2012 11:33:37 PM
NO RATINGS
@Scott,

You know that money that's still missing from MF Global? Well, they may not have found yours but they aren't having any trouble finding plenty to pay the MF Global executives who oversaw the company before it failed last year. They're going to get bonuses this year if a bankruptcy court approves, said Frank Piantidosi, an adviser working with the trustee, Louis Freeh. One US senator has already voiced objections.

The compensation packages 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.





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