It is never where you look
By Daniel P. Collins
May 18, 2012
The trustee for MF Global Inc. reported today that he has secured $168 million from JP Morgan as a result of ongoing discussions between JP Morgan and the trustee. Trustee spokesman Kent Jarrell said that the $168 million was unrelated to other claims that the trustee had announced on April 4, that it was “engaged in substantive discussions” with JP Morgan over. Jarrell added that the $168 million was not part of the $1.6 billion in non-recovered customer funds.
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