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MF GLOBAL (DE) Message Board

  • bluehorseshoe999 bluehorseshoe999 Oct 28, 2011 5:59 PM Flag

    Mesage to vulture firms.

    Plan to buy brokerage if it goes BK. What a dumb idea! Once brokerage firm goes into BK, all the clients and good employees leave. Leaving shell company that is not worthwhile buying. Better to buy it before BK since all clients and good employees are there.

    How difficult is it to build a new business from ground up? Buy up company in distress before it goes under since best assets of brokerage firm are still there.

    Looks like MF is in some credit crunch.

    GLTA & DD

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