Nov 16

MF Global trustee seeks cash release

The Wall Street Journal
Typhon’s Koutoulas, who is representing a coalition of several thousand former MF Global clients, said in an interview he intends to present on Wednesday a separate plan that would see all customer assets released by MF Global, using electronic account reports that had been generated daily by MF Global until a few days ago to figure out exactly how much each former client is owed. Similar records were used to arrange the bulk transfer of trading positions, he said.