The Telegraph – Staff are understood to have received quarterly bonuses last Monday. It is not clear whether the bonuses were also received by staff in the US.
The news is likely to anger those MF Global customers who have still been unable to access money they held with the broker
It is not surprising that people have a deep well of hostility towards bankers when this sort of behaviour occurs. Combine this with rumours circulating that MF Global stole money from segregated client accounts in the hours before they went bust to post as illegal collateral for emergency funding and you have a compelling case for the image below.
Source – The Telegraph
