How Jon Corzine Blew It—Again
So what exactly was MF Global all about, and why did it fail?
Is this another AIG? Should ordinary investors be worried?
There’s talk of insider trading and misuse of funds. Is there a chance Corzine will go to prison for this?
MF Global got into trouble in part thanks to a huge bet on Greek bonds. Things do seem to be getting worse there; where do you think that situation is heading?