MFG is missing 1.6 billion dollars (these are the latest numbers). Everything is done by computer, and every withdraw from a customer account goes to another account are monitored. How can the trustees (who have a conflict of interest on this matter, they represent the stockholders in this bankruptcy vs the interest of the customers who are last on the list of creditors) not find who illegal hit the keyboard to make the computer withdraw from customer accounts. Someone had to hit the keyboards that made the illegal withdraws. Some clerk ordered by his boss is still guilty of a crime. Arrest him and sweat him to talk. That is how real investigations work if everyone in management creates a wall of silence.
Don’t know where the money went. What a crock, unless Corzine did his transactions with suitcases full of cash.
So, lets see, you have $250,000 in assets at MFG, you've borrowed $100k to acquire those assets, you think that you're good for $150k. Wrong! MFG has pledged $140k of your assets for the cash loan. You only have $110k on account, $40k of what you thought was yours vanishes when MFG defaults. Tough luck!