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Thursday, June 21, 2018

Corzine Got One Thing Right Before The MF Global Collapse

Jonathan Weil explains the logic behind Jon Corzine’s bad bets in his column, “Here’s One Big Thing MF And Jon Corzine Got Right:”

If you were stranded on a desert island the past two months and upon your return to civilization tried to learn why MF Global Holdings Ltd. had collapsed, you might find that some of the standard explanations don’t make much sense.