Threatening letters sent to 140 MF Global vendors

MF Global receiver going after other funds

When MF Global collapsed in 2011, Lorie Meg Karlin’s brokerage company nearly disappeared along with it.

The company, Managed Capital Advisory Group, cleared trades through MF Global and was owed more than $100,000 in commissions from the firm. Ms. Karlin, a widow who runs Managed Capital from her Westchester County home overlooking a horse farm, figured that MF Global was unlikely to pay her.

For full New York Times story.

Comments
comments powered by Disqus