MF Global Goes Down
31 October 2011
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16 Comments
It takes special talent to destroy a state (New Jersey) and a private company (MF Global). MF Global has had its shares halted and will be heading for bankruptcy. Jon Corzine, former CEO of Goldman Sachs, Senator and Governor of New Jersey is the CEO of MF Global. He’s essentially the epitome of everything wrong with Wall Street – the shining beacon of politics merged with global finance. I hope he goes broke.
CNN finally ….has covered the Argentine crisis with an eye toward Greece and perhaps
Jon Corzine's New Jersey? I usually ignore CNN, but when they report the obvious – events I have
witnessed personally, I listen. You might want to check out this interesting report entitled:
Inflation downplayed as Argentina recovers
By Brian Byrnes
October 22, 2011 — Updated 1545 GMT (2345 HKT)
found here: http://edition.cnn.com/2011/10/21/world/americas/…
I wonder how many CNN executives lost money
with MF Global…
What does the MF stand for?
M-anaged F-utures
M-utual F-unds
M-oth… F-u…..
Yake your pick.
Hi, i need to admit excellent blog you’ve, i stumbled across it in Yahoo. Does you get much traffic?
Back on the topic, MF Global Goes Down and former Goldman Sachs CEO and Governor
Jon Corzine, please watch Keiser Report episode 26 found here:
http://rt.com/programs/keiser-report/
Everything is explained in simple terms, with a minimum of Wall Street jargon – Max Keiser and
Stacy Herbert just tell it like it is. None of the CEOs loose money, the losses are all passed onto
clients and profits mysteriously disappear . oh , and let's not forget the 12 million dollar bonus
Corzine
walks with for ruining a 200 year old firm (MF) in less than 2 years.
xfiltrate
tells it like it is
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Here we go again. I will say it one more time I have never regarded banks' insurance companies' financial services companies as real busineses . All they do is recycle money. I also have never invested in any financial services companies and never will. Just look at their record almost 2 out of every 3 savings and loans went out of business in the 1980's and just think about what happened a couple of years ago. Do I need to say anymore. Oh one other thing most If not all of the publicly traded subprime lenders are out of business today.
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George Soros is distracted with politics and this is affecting his investment returns. Did you know that his fund lost 15% in 2011?
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