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Keyword: sorosmfglobal

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  • CNBC: Soros Bought $2 Billion Ex-MF Global Europe Debt: Report

    12/09/2011 6:09:02 AM PST · by tcrlaf · 35 replies
    CNBC ^ | 12-9-11 | Antonia Oprita
    About $2 billion worth of European bonds owned by MF Global were bought by billionaire investor George Soros's family fund, the Wall Street Journal wrote on Friday, quoting people close to the matter. On October 31 MF Global collapsed into the eighth-largest bankruptcy in U.S. history and an estimated $1.2 billion in client funds remains unaccounted for. SNIP hey were turned over to KPMG, MF Global's bankruptcy administrator in London; they were then offered to big investors immediately after the company's collapse by MF Global's London clearing house, LCH Clearnet, the paper said, quoting a KPMG spokeswoman. A number of...