This was no small fraud. Coming on the heels in the MF Global debacle, it threatened the entire futures industry structure. One fraud and violation of customers segregated funds is an anomaly, two might be considered a trend.
Despite the mountains of regulations that Washington prescribes each year, it seems that the agencies in charge of enforcement tend to prefer a pillow instead of a hammer.
In the world of futures trading, the commodity trading firms who focus on the physical world is the plane on which derivatives stand. But who are they?
On the heels of a Congressional report assigning blame for the firm's collapse, we offer our take on the most important executives, officials and regulators involved in the case
