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MF Global Shortfall Could Top $1.2 Billion
mf global moved hundreds of millions of dollars in customer money from its u.s t brokerage unit to bank of new york mellon in august , more than two months before the securities firm filed for bankruptcy protection .
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new details about mf global's activities suggest the securities firm shifted hundreds of millions of dollars in customer funds to its own brokerage accounts .
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the amount of money missing frogram customer accounts at mf global's brokerage unit could total mover $1.2 billion , more than double the previous estimate .
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amazon is raising the bet on its prime program , beefing up and willing to lose hundreds of millions of dollars a year on the service to win customer loyalty .
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mf global moved hundreds of millions of dollars in customer money from its u.s t brokerage unit to bank of new york mellon in august , more than two months before the securities firm filed for bankruptcy protection .
. .
amazon is raising the bet on its prime program , beefing up and willing to lose hundreds of millions of dollars a year on the service to win customer loyalty .
. .
new details about mf global's activities suggest the securities firm shifted hundreds of millions of dollars in customer funds to its own brokerage accounts .
the amount of money missing frogram customer accounts about mf global's brokerage unit could total mover $1.2 billion , more than double the previous estimate .
the shortfall in customer cash held by collapsed brokerage firm mf global may have doubled to $1.2bn (£760m) , according to liquidators .
Generated 2011-11-22_14:22
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