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MF Global, the futures and options brokerage, has promoted Karel Harbour to global chief operating officer. He had been COO for Europe.
Harbour will take responsibility for all MF Global’s operations worldwide, reporting directly...
“At the highest level of economic motivation for their actions and most generous interpretation of them, they are trying to influence prices in a way that benefits mankind and they should be considered heroes for it.”
John Lothian on speculators in the commodity markets.