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mircea_popescu: According to a trustee liquidating the company after its collapse, the losses incurred by customers of MF Global stood at $1.6 billion because of the debacle as of April 2012. The vast majority of these funds have not been returned to customers.
mircea_popescu: MF Global declared bankruptcy on October 31, 2011, and faced liquidation beginning in November 2011.
mircea_popescu: efore the illicit transfer and loans – and perhaps many other days earlier in the year. According the New York Times, "MF Global dipped again and again into customer funds to meet the demands", perhaps beginning as early as August 2011.
mircea_popescu: On October 31, 2011, MF Global executives admitted that transfer of $700 million from customer accounts to the broker-dealer and a loan of $175 million in customer funds to MF Global’s U.K. subsidiary to cover (or mask) liquidity shortfalls at the company occurred on October 28, 2011. MF could not repay these monies with its own funds. Improper co-mingling, or mixing, of company and client funds took place for days b
mircea_popescu: you ever went into an art gallery and went hmmm... well maybe this is how it's supposed to be, really ?
mircea_popescu: and they're all good you need one more of them on the surface than deep down.
mircea_popescu: seriosuly tho, 4 minutes about how the rapper;'s mom lawyer was sometimes the man and sometimes aight, he banged her but so what his dad was a pimp
mircea_popescu: cluelessness is no defense, and it won't be provable in the best of cases.
mircea_popescu: pankkake i word it like he's an accessory, which he is.
mircea_popescu: it's like saying hitler was naive. dude, it dun matter.
mircea_popescu: stay tuned for the mysterious mysteries of the bitcoin's scam exchange!!1
mircea_popescu: or are there still more shares held by third parties about to get sold ?
mircea_popescu: soo, did every outside holder sell already and is it now just burnside trading with thescamede ?
mircea_popescu: ThickAsThieves does he mean the time deadterra was in vacation or what.
mircea_popescu: questions should reward incompetence because that's how school works!
mircea_popescu: yes but people also avoid questions where they lose something when wrong
mircea_popescu: and the yes are going to be absent because of "who runs it" lawl.
mircea_popescu: well somebody must have bet cause it's like 4 on no now
mircea_popescu: i am beginning to like these people with the "just look and you'll see" thing.
mircea_popescu: the original testnet was a pr exercise on satoshi's part, whether he realised it or not.
mircea_popescu: someone mining a lot on testnet would have actually caused some measurable delays
mircea_popescu: well wait until someone's trying to test anything to do with mining and zip him lol
mircea_popescu: a great piece of engineering, but not a novelty, not the fastest/biggest/powerfulest car
mircea_popescu: ThickAsThieves i think people kinda stopped caring about usb miners by now.
mircea_popescu: khalunis either kennyboy or else someone who sold out or didn't buy in but wants some actyion
mircea_popescu: pankkake so basically as it stands right now you win on that bet no matter what lol
mircea_popescu: pankkake yes. when a bet is accepted the site splits 0.1 btc or more on yes/no
mircea_popescu: pankkake i think ima put some btc on the no side myself.
mircea_popescu: i mean i get it, graham is dumb, his creations reek of stupid, sure. why fight strawmen for a living tho.
mircea_popescu: ThickAsThieves aww, it kinda sucks that the sa crew is stuck arguing against bitcoin on the basis of look what reddit said.
mircea_popescu: is the f bomb "fuck you and your ugly mother in the same stroke" ?
mircea_popescu: well they eat better than the average american at any rate.
mircea_popescu: and those are upstanding romanian citizens of teh rural medium, not homeless!
mircea_popescu: that was actually for teh local party, on the electoral trail.