Type A Journalism

Blackstone / Codere CDS Event Highlighted on Daily Show Exposes Larger Economic Issues

A recent credit default swap (CDS) payout event, humorously highlighted by The Daily Show, actually opens a much larger issue, pointing to a core problem with unregulated OTC swaps whose notional value exceeds $600 trillion and dwarfs the world GDP [...]

News Analysis: CFTC Files Aggressive Charges Against MF Global CEO Jon Corzine and back office executive Edith O’Brien

(Below is an early peak at an article in the upcoming Opalesque Futures Intelligence) By Mark Melin On June 27 the Commodity Futures Trading Commission (CFTC) filed civil charges against MF Global’s CEO Jon Corzine and assistant treasurer Edith O’Brien in what [...]

CTAs / CPOs Call For Industry Leadership in Horizon Cash Management Survey

The fastest growing segment of the financial services industry was the one hardest hit by MF Global’s suspicious demise and overt fraud at Peregrine Financial Group (PFG). The managed futures industry, which had grown from $14 billion under management in [...]

Is JPMorgan’s Voluntary Return of MF Global Customer Assets Fruit From a Hard Investigation?

The voluntary return of $546 million in MF Global customer assets, the subject of hard fought 2 ½ year battle, was not motivated solely by the kindness of JP Morgan.  Rather, it could be considered fruit from a likely hard [...]

MF Global Criminal Investigation Likely Headed Into Final Stages

The MF Global investigation is expected to be entering its final stages after two and a half years of on again, off again activity. There will be several paths the investigation could take, the most likely of which starts at [...]

CFTC Expected to Unveil New Thinking on HFT

A commissioner at the Commodity Futures Trading Commission is expected to unveil a new method of defining High Frequency Trading, an elusive task for US regulators to date.    CFTC Commissioner Bart Chilton is expected to detail the proposal in [...]