November 1, 2011
Consultancies and Law Firms caught by MF Global
JP & Deutsche are easily at the top of the list, but the next big loser is Headstrong, an Indian based consultancy and IT shop:
http://www.businessinsider.com/who-are-the-mf-global-creditors-2011-10
Consultancies coming in at
- Number 6, Headstrong, in for $4m – big ouch
- Number 9, Caplin, $427k
- Number 12, PwC, $312k
And law firms, who you would hope could find a way to get their money back ;-)
- Number 8, Sullivan & Cromwell, $600k
- Number 10: Wachtell, $388k
- Number 11, ISDAs favourite, LinkLaters, $348k
Lets hope we all avoid this ourselves.
