Monday, April 06, 2015 11:12:03 PM
Technically MF Global was barely legally bankrupt when filing BK. 39bil assets to 40bil debt. There just weren't any bridge loans available that were big enough to cover their global financial indiscretions. With virtually no overhead under liquidation operations, and appreciating mega assets, future recovery for class 9A shareholders looks brighter every report. No hurry here though. There are little over 3 more years of scheduled liquidation ahead so let the assets continue appreciating. Only 1.3bil commons Weeeeeeeeeeeeeeeeeeee 
Sail Bay
Come on in... The Waters Fine! :)
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