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<p>[QUOTE="fatima, post: 1353036, member: 22143"]On the first point, anyone who had money in a S&P 500 index or had money in bankrupted firms. On your second issue, MF Global was a <u>primary dealer for the Federal Reserve</u> I'll say this again, they were a primary dealer for the Federal Reserve which means they get special direct access to the Fed and are responsible for handling the Federal Reserve's business on the open markets. There are only 21 of them in the world. You don't get any bigger or closer to the ones controlling the system than this, yet so far, not one criminal indictment. At least a couple of billion is missing, and 50,000 investors are coming to the realization their money is gone. </p><p><br /></p><p>You guys may choose to ignore this, but this falls back into the category of defending a static view of the universe that never changes. The universe has changed and anyone who faithfully puts money into the stock market is going to get taken. This is why the vast majority of people end up with a net loss in their stock holdings.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1353036, member: 22143"]On the first point, anyone who had money in a S&P 500 index or had money in bankrupted firms. On your second issue, MF Global was a [U]primary dealer for the Federal Reserve[/U] I'll say this again, they were a primary dealer for the Federal Reserve which means they get special direct access to the Fed and are responsible for handling the Federal Reserve's business on the open markets. There are only 21 of them in the world. You don't get any bigger or closer to the ones controlling the system than this, yet so far, not one criminal indictment. At least a couple of billion is missing, and 50,000 investors are coming to the realization their money is gone. You guys may choose to ignore this, but this falls back into the category of defending a static view of the universe that never changes. The universe has changed and anyone who faithfully puts money into the stock market is going to get taken. This is why the vast majority of people end up with a net loss in their stock holdings.[/QUOTE]
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