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Stock Market & Financial Investment News

News Breaks
October 29, 2012
06:05 EDTMFGLQMF Global couldn't keep track of its cash, email shows, WSJ reports
An internal MF Global Holdings (MFGLQ) email from last October, seen by the Wall Street Journal, shows that the firm's employees couldn't keep track of exactly how much money it had at any given moment, even before the company began to wobble. Regulators wanted to know how much cash the firm had left. Officials had been trying to fix the problem for months. Reference Link
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