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Manta, Ecuador
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Swing Trader
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If you watched the CME's president Terrence Duffy testimony today before congress, I think they paint a very clear picture of events --- much more clear than anything else I have seen so far --- and have squarely laid the blame on MF Global as basically cooking the books.
I couldn't find the clip from today's testimony, but here is something.
CME's Terry Duffy on Jon Corzine: He knew - Lynn Sweet
See attachment (5 page PDF).
Mike
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