We now know the first and likely only MFG employee to do a perp walk over the stolen segregated client funds.
Mid-level execs are collateral damage intentionally thrown under the bus by the regulators and the banksters who stole an estimated $5-$10 Billion from MF Global clients' segregated funds. Details emerged today that email records indicate that MFG treasurer Edith O'Brien transferred $200 million of clients' funds to JP Morgan on 10/28.
One e-mail chain refers to the transfer of roughly $200 million that MF Global owed JPMorgan Chase on Oct. 28 — the firm’s last business day before it filed for bankruptcy.
In that chain, a senior official in the firm’s Chicago office was told to make the transfer, said the people close to the investigation who requested anonymity because the inquiry was still open.
Ms. O’Brien has hired a prominent criminal defense lawyer, Reid H. Weingarten of Steptoe & Johnson, according to one of the people.