MF Global Collapses

Since the collapse of MF Global on October 31 there has been a firestorm of speculation concerning what the future implications of such a failure will be on the financial markets. In recent weeks several outlets have voiced a growing concern that a bank holiday may be declared during the early part of 2012. Below is one such article. In view of current events it might not be a bad idea to pray about keeping enough cash on hand to cover at least one month worth of expenses.