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mf global
itrade
Posts: 14 Forumite
Anyone know what is happening there?
Will I get anything for my shares?
Will I get anything for my shares?
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Comments
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The shares have been suspended on NYSE. Whether or not shareholders see a return will depend upon how much is paid for the business and whether the proceeds are enough to pay holders of the corporate bonds.
http://www.reuters.com/article/2011/10/31/us-mfglobal-idUSTRE79R4YY20111031
http://www.ft.com/cms/s/0/ba26dc98-036e-11e1-899a-00144feabdc0.html#axzz1cMhGJDamLiving for tomorrow might mean that you survive the day after.
It is always different this time. The only thing that is the same is the outcome.
Portfolios are like personalities - one that is balanced is usually preferable.
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