Title: Mcgowanjm Wire 2012 Source:
[None] URL Source:[None] Published:Feb 26, 2012 Author:Various Post Date:2012-02-26 09:15:13 by A K A Stone Keywords:None Views:1371608 Comments:2390
Post Tue Jul 10, 2012 10:35 am by mcgowanjm And the thing about Wall St City folks.
Tyler Durden wrote: MF Global 2 is now official. At least one can never accuse ex-Goldmanite, and current head of the CFTC Gary Gensler, as being behind the curve:
* U.S. COMMODITIES REGULATOR SUES PEREGRINE FINANCIAL GROUP * FIRM HAS $200 MILLION CUSTOMER FUND `SHORTFALL', CFTC SAYS * CFTC LAWSUIT FILED ONE DAY AFTER FIRM ANNOUNCES NFA PROBE
Hopefully, the CFTC's now meaningless action will help all those farmers whose money has just vaporized. Luckily, they can make it all up on record corn profits.
If there's a market, you can't grow it.
If you can grow it, there is no market.
Farmers have lost their positions, moneys, and can only continue to pretend that they're farming USDA REQUIRES adding inputs to crop even if the crop is totaled ALL THE WAY to HARVESTING nubbin' stalks.... :twisted: :roll: :shock: :? 8-)
