No bonuses for MF Global execs

April 2012
Western Farm Press Exclusive Insight;4/26/2012, p11
The article reports on the decision of MF Global Trustee Louis Freeh not to pay bonuses to MF Global executives as of April 26, 2012, after the company's 2011 bankruptcy resulted in a loss of as much as 1.6 billion U.S. dollars of the firm's customer's money. According to Senate Agriculture Committee Chairwoman Michigan Senator Debbie Stabenow, Freeh made the right decision since people in charge should be held accountable, not rewarded with bonuses.


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