This page has been archived and commenting is disabled.  PFG's
Chairman Was Forging Bank Documents For Years Even As The CFTC
Gave An "All Clear"  Tyler Durden's picture   If there is an
event that should cost Gary Gensler his job as head regulator at
the CFTC, it is this. According to a just released Reuters
report, the head of MFG(lobal) part 2, PFG, whose story we broke
yesterday, Russell Wasendorf Sr. "intercepted and forged bank
documents for more than two years to cover up hundreds of
millions of dollars in missing money, a person close to the
situation." Once Wasendorf realized he was caught, and knew the
implications of his actions would be exposed for the whole world
to see, he tried to commit suicide, and failed. "Wasendorf, 64,
is reported to be in a coma after a suicide attempt Monday
morning, according to a complaint filed by the Commodity Futures
Trading Commission on Tuesday that accuses Wasendorf and
Peregrine of fraud." And while crime happens all the time, what
is truly stunning is that as w