[the invisib1e hand]

hunh. well, we'll see, I guess. Not likely to cause Armageddon, but these days, who knows?

The whole MF thing is very weird and doesn't make any sense -- missing half-billions -- so the situation is ripe for speculation in the absence of tangible evidence of anything.

This does seem like a clue. Maybe MF's raise detere -- and it had one that was more than being a FCM -- was to provide liquidity with smoke and mirrors. I certainly believe there were carrying water for the Treasury and laundering "stimulus" money for Democrats.

[the invisib1e hand]

I meant, “raison detre”, of course.