MF Global was a futures brokerage, not a hedge fund. Yet it went bankrupt because (more…)
Posts Tagged ‘Jon Corzine’
What Corzine Did to MF Global
November 17, 2011MF Global Insight from Previous Bankruptcy
November 9, 2011The largest independent commodities brokerage went under. Money was missing. Client accounts were frozen. A bunch of hedge funds were among the unsecured creditors. It was the fourth largest bankruptcy in US history. That was six years ago, (more…)