Category Archives: Forbes

Forbes

Corzine Blames the Markets, and Confusion, for MF Global’s Collapse

Daniel Fisher Forbes Staff Read the Article at Forbes.com Former MF Global Chief Jon Corzine identified the villain behind the 2011 collapse of the commodities trading firm he once ran in court testimony today: Confusion. Stock investors, bond analysts, trade counterparties and banks all became convinced that a company with $14 billion in liquid assets actually…