PFG Is Now MFG(lobal) Part 2 As $220 Million In Segregated Client Money Has Just Vaporized

That these financial scandals and outright fraud continue to happen again and again--despite government regulators' assurances they won't happen again should tell us the system is broken--and there is no fix on the horizon.  Yet, the distracted masses continue along, unable and unwilling to think beyond tomorrow's episodes of reality TV.

http://www.zerohedge.com/news/pfgbest-now-mf-global-part-2-220-million-segregated-client-money-has-just-vaporized