MF Global Off The Rails
Posted on October 30th, 2011 by MoverMike
UPDATE: MF Global files Chapter 11 bankruptcy: “For Corzine, 64, the bankruptcy is another knock on his reputation after choosing to dial up European risk at MF Global when other larger firms had grown weary.”
All or parts of the troubled U.S. futures brokerage firm, MF Global, run by former Goldman Chief Executive Jon Corzine, are up for sale this weekend. The stock has been killed from $9 to $1 in four months and bankruptcy lawyers have been called in.
Weeping.
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TMI, LOL!