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From the Wall Street Journal: Investigators are focusing their investigation on the Chicago back-office operationsMF Global Holdings Ltd. in the continued hunt for about $1.2 billion customer money still missing after its collapse, sources told the Wall Street Journal.
Civil and criminal regulators have “talked to a lot of people” in the Chicago office, which handled day-to-day movement of money for MF Global, including a $6 billion customer-segregated account that was tapped shortly before the company filed for bankruptcy-court protection Oct. 31, according to a person close to the investigation.
Get the full story: wsj.com >>
