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Posts Tagged ‘downfall of MF Global’

MF Global: Spreading the Blame Around

Posted by Larry Doyle on December 4th, 2012 9:46 AM |

I have tarred and feathered Jon Corzine sufficiently over the course of the last year for the debacle that unfolded on his watch at MF Global.

On that note, I welcome reading this morning that some tar and feathers are being applied to others who should have been in a position to stop the excessive leverage which brought down the MF Global house.

Who were these other individuals and entities? Let’s navigate as The Hill addresses a topic which many in Washington and on Wall Street would like to keep conveniently under the rug. (more…)






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