FBN's Charlie Gasparino says Goldman Sachs executives saw Jon Corzine's demise based on past experience.
WOW, these guys are bad!
MF Global's fall laid bare the financial industry's chronic fragility.
U.S. Securities and Exchange Commission Chairman Mary Schapiro talks about the SEC's plan to propose revamped rules for money-market mutual funds, pushing the options of a floating net asset value and capital buffers, and the commission's inquiry into the bankruptcy of MF Global Holdings Ltd.
Frederic Oudea, chief executive officer of Societe Generale SA, says the bank's residual exposure to Greek sovereign debt is 'very small'.
Very rarely has the description "Fireworks Spectacular" been so aptly used. Here's a video of the Oban Fireworks Display of 2011. A display which should have lasted 30 minutes ends up lasting just 50 seconds, and we're not treated to a single firework fizzling out, this is £6,000 worth of explosives being simultaneously deployed.
MF Global Holdings said its CEO had resigned all posts with the firm and will not seek a reported $12 million severance package.
Neil Barofsky, former special inspector for the U.S. Treasury's Troubled Asset Relief Program and a Bloomberg Television contributing editor, talks about potential probes and litigation facing MF Global Holdings Ltd.
William Cohan, author of Money and Power: How Goldman Sachs Came to Rule the World and a Bloomberg View columnist, talks about the resignation of Jon Corzine as chief executive officer of MF Global Holdings Ltd. and outlook for his future.
Customer funds missing from bankrupt brokerage MF Global Inc. have been located in a custodial account at JPMorgan Chase & Co., according to two people with knowledge of the matter.