Friday, November 4, 2011
Factbox: Jon Corzine and the MF Global Bankruptcy - Yahoo! News
Factbox: Jon Corzine and the MF Global Bankruptcy - Yahoo! NewsAs top man at MF Global, Corzine was not subject to the degree of oversight and monitoring which might have limited the firm's risk had the investments been made at by a lower level executive. Corzine's headlong plunge into risky investments seems to have been a case of the tail wagging the dog with the board of directors applauding.
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