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MF Global (MF) files for bankruptcy protection in New York court.

MF Global (MF) files for bankruptcy protection in New York court.
Comments (17)
  • lrm21
    , contributor
    Comments (55) | Send Message
     
    good. F Corzine
    31 Oct 2011, 10:40 AM Reply Like
  • HiSpeed
    , contributor
    Comments (1169) | Send Message
     
    First Corzine wrecks NJ, now he's destroyed MF global. What a crook!
    31 Oct 2011, 10:50 AM Reply Like
  • Angel Martin
    , contributor
    Comments (1341) | Send Message
     
    less than 2 years as well, he was defeated in nov 2009...
    31 Oct 2011, 11:25 AM Reply Like
  • CautiousInvestor
    , contributor
    Comments (3062) | Send Message
     
    And in both cases it involved debt.

     

    Issuing too much debt when in NJ and buying (going long) the toxic debt of Europe, believing the charlatans and their alchemy would solve the root problems of the dysfunctional EMU.
    31 Oct 2011, 11:27 AM Reply Like
  • Spencer Knight
    , contributor
    Comments (417) | Send Message
     
    Case in point why other countries should not step in and help Europe now.
    31 Oct 2011, 12:38 PM Reply Like
  • jschroe36
    , contributor
    Comments (66) | Send Message
     
    And he'll still walk away with millions.
    31 Oct 2011, 11:24 AM Reply Like
  • enigmaman
    , contributor
    Comments (2686) | Send Message
     
    J#^

     

    12 million not to shabby for 2 yrs work running a company into the ground
    31 Oct 2011, 04:48 PM Reply Like
  • WMARKW
    , contributor
    Comments (10690) | Send Message
     
    Hey enigmaman....I'd gladly, and competently do it for half the price. Of course I wouldn't feel good about it. I wonder of Corzine feels ok?

     

    And....this guy used to be CEO of Goldman Suchs......does it suggest that maybe they don't have the best and the brightest afterall.
    31 Oct 2011, 11:56 PM Reply Like
  • nocnurzfred
    , contributor
    Comments (574) | Send Message
     
    Sounds like the "Good Old Boyz Club" did not work [or couldn't this time]. Am hearing TV comments like "they are working people doing their jobs, with families & mortgages". Tough! Nobody gave me a "heads up" on the collapse of Enron & Worldcom. My family ate a lot of dirt on those. Sympathy for the "smart rich boyz & girls"? Not. Let me see some throw themselves under busses, because they are so superior to us non-substantial investors.
    31 Oct 2011, 01:26 PM Reply Like
  • tom Andersen
    , contributor
    Comments (214) | Send Message
     
    The end of all this is that borrowing money will not be fashionable for governments in 10 years. The bankers will need something else to do.
    I would not loan my money to any government in the world. I feel better giving companies capital directly, but microsecond trading is starting to make that channel look less inviting too.
    31 Oct 2011, 02:06 PM Reply Like
  • kzfisch
    , contributor
    Comments (5) | Send Message
     
    In my view, paying this individual $12 million dollars (if this is true)while the business he runs goes into bankruptcy is disgraceful. In my opinion, its alot more. A system that allows an "insider" this kind of payoff money is a corrupt system. The leaders of such a system are criminals with suits. Its organized crime at its worst. And worst of all, its destroying our nation.

     

    Make not mistake, before its over , these criminals will steal every nickel this country has left.
    31 Oct 2011, 02:26 PM Reply Like
  • TomasViewPoint
    , contributor
    Comments (4845) | Send Message
     
    claw back time.
    31 Oct 2011, 04:53 PM Reply Like
  • Vuke
    , contributor
    Comments (1666) | Send Message
     
    Is Cozine the only gambler on the street or are there more to follow?
    31 Oct 2011, 03:17 PM Reply Like
  • kimosabe
    , contributor
    Comment (1) | Send Message
     
    Does anyone know whether MF will go to pk before the plan is submitted and approved? Will trading resume during bankruptcy?
    31 Oct 2011, 04:30 PM Reply Like
  • twice
    , contributor
    Comments (89) | Send Message
     
    corzine should be throne in jail
    31 Oct 2011, 07:06 PM Reply Like
  • LKofEnglish
    , contributor
    Comments (4386) | Send Message
     
    such an in depth story. there must be nothing to it...
    31 Oct 2011, 11:12 PM Reply Like
  • Ray Lopez
    , contributor
    Comments (1602) | Send Message
     
    I got no problem with Corzine running a company into the ground using private money. At Goldman Sachs he was well known for taking bold, reckless, macro bets.

     

    I got a problem if there is explicit or implicit taxpayer money standing behind such a gambler. That's plain wrong.
    1 Nov 2011, 06:07 AM Reply Like
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