MF Global

[Euler]

An interesting peice on MF Global

http://finance.fortune.cnn.com/2012/06/ ... mf-global/

[Euler]

What is going on with these brokers?

PFG's accounts frozen after founder attempts suicide

http://www.bbc.co.uk/news/business-18779162

[LeTiss 4pm]

I was only looking at their website last week, as I'm starting to think about trying Forex.

I'm not sure anyone can be trusted anymore. We've had this discussion about BF before. I suspect if everyone tried to withdraw their banks, BF wouldn't have enough money to cover it

[jimrobo]

if you are going to go down the forex route I'd definately go with one of the larger companies and do your due dilligence the same as with anything. Check out reviews for whatever broker you are with. The internet is pretty good for stuff like that.

[andyfuller]

We've had this discussion about BF before. I suspect if everyone tried to withdraw their banks, BF wouldn't have enough money to cover it

There is no way they could as they don't have our money sitting in Bank accounts ready to dish out.

I remember last year on the conference call they were asked about their exposure to Greece, thankfully, from memory they said they weren't exposed!