This is supposed to be a surprise the money is at JPMORGAN. good grief!
In MF Global, JPMorgan again at center of a financial failure | Reuters: By adhering to procedure and not cutting MF Global any slack, these people say, JPMorgan was able to slow the delivery of funds, worsening MF Global's distress. As a result, they note, hundreds of millions of dollars of MF Global money may be still stuck in accounts at JPMorgan.
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