2012-08-16 — huffingtonpost.com
Well it looks like another Wall Street firm that put customers in jeopardy will escape criminal prosecution. The probe into MF Global's collapse, and the loss of $1 billion in customer funds that came with it, will likely end without any criminal charges against executives, The New York Times reports. After a 10 month probe, investigators are convinced that it was just chaos and loose risk controls that caused the loss, not actual fraud.
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