I think I know where he is coming from, but I do not care what business you are in; you do not delegate responsibility.
It sounds like somebody made a decision, either top or somewhere in your heads of operation here, that it became operational.
I think I am going to paraphrase from you and just simply say what we are trying to get straight here is your firm that the three of you wer...
It now appears that the firm made subsequent transfers of customer segregated funds in a manner that may have been designated to avoid detec...
Wasn't the primary purpose of your intensive review to make sure that the segregated customer accounts were not dissipated or otherwise misu...
I would strongly encourage you to set that up, and I encourage you to make that recommendation to the Commission and to pursue it.
You may delegate authority, but you do not delegate responsibility.
How many heads of operations--how many heads do we have to have around here before we finally drill down and find somebody's name that knows...
Why don't you together a PowerPoint or a TO chart or something so we could put everybody's name and finally we would probably get down to th...
Did you suspect that the customer funds might go missing?
As I stated in my opening remarks, the CME knew on or before Wednesday, November 2, that MF Global was attempting to hide something.