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MF Global (MF) will explore strategic options, sources say, following yesterday's 48% dive, and...

MF Global (MF) will explore strategic options, sources say, following yesterday's 48% dive, and after its bonds tumbled into distressed territory. Shares began the day higher, but are plunging again, recently -24% to $1.37. Investors are panicked about MF's $6B in exposure to European sovereign debt.
Comments (1)
  • billyJay
    , contributor
    Comments (2) | Send Message
     
    MF Global was the biggest exchange traded broker and never took positions for itself. How is it that it is holding European sovereign debt?
    27 Oct 2011, 08:11 AM Reply Like
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