MF Global Insight from Previous Bankruptcy

The largest independent commodities brokerage went under. Money was missing. Client accounts were frozen. A bunch of hedge funds were among the unsecured creditors.  It was the fourth largest bankruptcy in US history.  That was six years ago,

BlueCrest Affiliate to Make IPO

A US arm of Guernsey-based BlueCrest is expected to make an initial public offering, following the trend among major alternative investment businesses to raise capital in public markets. BlueCrest, among the largest hedge fund managers worldwide with $25-billion in total assets, runs BlueTrend, a top commodity trading advisor managed by Leda Braga.

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