Was on Rick Santelli’s show today. I wore the bow tie because Steve Liesman wore one when he portrayed a “conservative economist” in his spiel on the Fed.
Why they haven’t used RICO on MF Global I don’t know. In 1988, they threw RICO at innocent floor traders during the FBI sting.
I will be doing a discussion on the MF Global crisis February 22 at the University Club in Chicago, IL. I am sure we will talk about CME ($CME) as well, and CME’s responsibility as not only a self regulating organization, but a steward of the marketplace.