Revealed: Corzine’s MF Global Was Client of Eric Holder’s Law Firm

Wynton Hall Breitbart Big Government 7/26/2012

Those wondering why the Department of Justice has refused to go after Jon Corzine for the vaporization of $1.6 billion in MF Global client funds need look no further than the documents uncovered by the Government Accountability Institute that reveal that the now-defunct MF Global was a client of […]

‘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 […]

3 big Chinese banks to enter US banking market

AFP via Yahoo! News (UK & Ireland) 5/9/2012

The Federal Reserve announced Wednesday that three major Chinese banks have won approval to enter the US banking market.

ICBC (HKSE: 0349.HK – news) , China’s biggest bank; Bank of China; and Agricultural Bank of China have been cleared to have branches in the United States, the […]

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, […]