global well refco is sort of the genesis of m.f. global refco is the futures firm that became m f global after it was sort of washed through man financial but refco is you alluded to was a big scandal a big fraud a bankruptcy people went to jail people were sued in that litigation is still going on bankers lawyers and accounting firms were sued but they fight it because as soon as you have executives that have actually done something wrong and that have been convicted of it everybody else just claims that they were duped and that's the most common defense and that's the defense that probably the accounting firms lawyers or anybody else that was either standing on the. sidelines or helping create documents or support this effort at m.f. global will probably claim they didn't know or they were fooled or they had something put in front of them that they didn't really understand refco also had something very specific occur that helped them along it had a bankruptcy examiner the trustee hired a specific attorney to go through and do the