Monday, November 21, 2011
EU resolution
Notes on capital flight and forced repatriation. Somehow, I don't think this is going to end well.
Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
2 comments:
Interesting that the author, in another post, predicts that the aftershocks of the MF Global mess have yet to be felt. (Ominously, he expressed that view *before* the missing $600 million grew into the missing $1.2 billion!)
Indeed. I see Jeffries is endangered by MF Global, they were the lead underwriter on a $350 bond offering for MFG a couple years back. They are being sued by the pension fund bondholders.
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