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Legal News

: International and UK Law

MF Global hit by $141m rogue trader scandal$

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MF Global, the broker spun off from Man Group last year, has become the latest trading group to fall victim to a rogue trader after it admitted today that one of its staff had lost $141.5 million ($£71 million) from unsuccessful bets on the direction of wheat futures.

Full post as published by International and UK Law on February 28, 2008 (boomark / email).

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