Advanced Trading: MF Global: Sifting Through the Ashes
December 14, 2011
Rapid Ratings’ CEO, James Gellert, responds to the magnitude of the MF Global collapse. As quoted by Ivy Schmerken, “‘It doesn’t get the same cache as Lehman Brothers, but it’s as big a failure within the futures and commodities world’”. Rapid Ratings has had MF Global rated as high risk for over two years.