Thursday, December 8, 2011

Lawyer ups estimate on MF Global customer accounts

http://newsandinsight.thomsonreuters.com/Securities/News/2011/12_-_December/Lawyer_ups_estimate_on_MF_Global_customer_accounts/

An attorney for the trustee winding downMF Global's brokerage said there may have been more money in the company's customer accounts than initial estimates suggested.
Attorney James Kobak, who leads the legal team for trusteeJames Giddens, estimated during testimony before the House Agricultural Committee on Thursday that total customer accounts were "between $5.5 billion and $6 billion".

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