Monday, December 12, 2011

My MF Global Experience

About 6 to 8 months ago, I considered opening an account with Lind-Waldock so that I could play the gold and currency markets through futures and options. Ultimately, I decided that what I was trying to accomplish couldn't be done, so I never followed through on actually finalizing and funding the account.

In the month leading up to the MF Global bankruptcy, I probably got two calls a week from someone at Lind-Waldock, pressing me to follow through on the account. The timing is rather curious, no?

Broken Money

The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...