Former Goldman Sachs CEO, Governor of New Jersey and Top Obama Campaign Contributor Speaks

As CEO of MF Global, a primary dealer for Bernanke's US Federal Reserve, $1.2 billion of client money has vanished under his watch. The honorable John Corzine responds:
“I simply do not know where the money is, or why the accounts have not been reconciled,”
Show Me the Money Pigman Corzine

Not only is Pigman Corzine at a loss as to where the $1.2B MF Global's client's money is, so is the CFTC and the SEC. But, if you are caught shoplifting a $3 T-Shirt from WalMart, you will be beaten, arrested and incarcerated.

MF Global's role as a Primary Dealer for Bernanke's Federal Reserve:
What Does Primary Dealer Mean?
A pre-approved bank, broker/dealer or other financial institution that is able to make business deals with the U.S. Federal Reserve, such as underwriting new government debt. These dealers must meet certain liquidity and quality requirements as well as provide a valuable flow of information to the Fed about the state of the worldwide markets.
Investopedia explains Primary Dealer
These primary dealers, which all bid for government contacts competitively, purchase the majority of Treasuries at auction and then redistribute them to their clients, creating the initial market in the process

Read more: http://www.investopedia.com/terms/p/primarydealer.asp#ixzz1fyAE6BHn