RPT-Vegas marriage deepens PFGBest mystery as Iowa brokers pack | Reuters
Quote:
Unlike the collapse of MF Global last October, which entered a quickening downward spiral over a period of weeks after bad bets triggered margin calls, PFGBest's failure was a bolt out of the blue. The Friday before, it had been business as usual.
"It's really disgusting," said Leska, his voice quavering. "We all thought he was different."
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$200 million? I think it will end up much higher than that.
In the meantime maybe someone should tell the webmaster about all this?
PFGBEST | Leadership
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