chanel
Silver Member
This is expected to be one of the top ten bankruptcies in the nation.
What will the fallout be for the American people? For the countries whose currencies they gambled on? For Jon Corzine?
He will be getting a $12 million golden parachute. This is the man who nearly destroyed NJ and was rumored to be a contender for the U.S. Treasurer.
MF Global's Collapse Draws FBI Interest - WSJ.com
I supposed this company isn't "too big to fail"?
What will the fallout be for the American people? For the countries whose currencies they gambled on? For Jon Corzine?
He will be getting a $12 million golden parachute. This is the man who nearly destroyed NJ and was rumored to be a contender for the U.S. Treasurer.
The fallout from MF Global Holdings Ltd.'s collapse intensified as the Commodity Futures Trading Commission voted to issue subpoenas to the securities firm and the Federal Bureau of Investigation planned to examine whether client funds are missing, according to people familiar with the situation.
The two moves are the result of a discrepancy of hundreds of millions of dollars in the New York company's books that was discovered just before MF Global tumbled into bankruptcy Monday, according to people familiar with the matter.
MF Global's Collapse Draws FBI Interest - WSJ.com
I supposed this company isn't "too big to fail"?