‘Frontline’ On MF Global’s Six Billion Dollar Bet

Tyler Durden Zero Hedge 5/24/2012

While the sur-realities of just what Corzine and the rest of the MF Global ‘traders’ did has been extensively discussed here and elsewhere, PBS’ Frontline provides the most succinct (and relatively in-depth) documentary on just what occurred from how the corrupt CEO lobbied regulators who had the power to stop […]

Internal email shows Corzine ordered funds transfer as MF Global collapsed

Barry Zubrow, JPMorgan’s chief risk officer, called Corzine to seek assurances that the funds belonged to MF Global and not customers. JPMorgan drafted a letter to be signed by O’Brien to ensure that MF Global was complying with rules requiring customers’ collateral to be segregated. The letter was not returned to JPMorgan…

Muriel […]

Is MF Global Getting a Free Pass?

Joe Nocera Opinion The New York Times 3/12/2012

It’s sure starting to look as if Jon Corzine is going to get away with it.

By now, it has been well established that Corzine’s former firm, MF Global, committed the sin of sins for a broker-dealer. In late October, during the final, desperate days before it […]

Former MF Global Chief Risk Officer Sacked For Doing His Job, Disagreeing With Corzine

Tyler Durden Zero Hedge 2/2/2012

Yesterday we noted how a CBO analyst may have been terminated for her conflicting views on model assumptions, especially when they veered away from the Wall Street-defined norm. Today, we find that the same approach to dissent may have been the reason why MF Global ended up taking inordinate risk, […]

Italy, MF Global and the economy

Glenn Beck 1/16/2012

On Monday’s episode of The Glenn Beck Program on GBTV, Glenn promised that he would deliver some of the most important information on the economy he had every given. On the show, he explained what has been happening in Italy with the installation of a technocrat, as well as how the policies […]

Farmers Sue Jon Corzine Over Missing Millions

Cindy Galli ABC News 1/9/2012

Montana farmers have filed a class action suit against former New Jersey governor Jon Corzine, charging that the failed financial firm run by Corzine stole millions from their accounts to pay off its spiraling debts, and that Corzine’s “single-minded obsession” with making MF Global a big player on Wall Street […]