Category Archives: Headlines

• MF Global Trustee Sees $1.6 Billion Customer Shortfall

MF Global commodity customers whose cash vanished when the firm collapsed last year are owed $1.6 billion — up significantly from previous estimates — the trustee tasked with recovering the money said on Friday.

The bank reform wars are over. We lost. MF Global marks the beginning of an era of wholesale looting by banks undeterred by laws, rules, or morality. The “Kill Hollywood” meme to roll back copyright extension laws and overturn the copyright cartel is winnable. Groups like Anonymous, the Swedish Pirate Party and the Pirate Parties around the world – working with people like Jimmy Wales at Wikipedia – defeated the latest SOPA/PIPA initiatives with real force.