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: