MF Global Inc. customers who had money trapped when the U.S. broker collapsed are rushing to sell their claims at higher prices after a prediction they could recover 100 percent of what was lost, Bloomberg News reported yesterday. Louis Freeh, the trustee for the brokerage's parent, MF Global Holdings Ltd., said yesterday at a U.S. Senate Agriculture Committee hearing that customers may eventually recoup all of their money. His testimony was at odds with that of a trustee for the brokerage, James Giddens, who predicted customers will eventually get a recovery of about 90 percent. Those who buy customer claims said that prices and volumes are increasing today as a result.
