MF Global was undone by a huge bet on European sovereign bonds that was part of CEO Jon Corzine's ambition to transform a sleepy commodities broker into an investment-banking powerhouse.
WSJ.com: What's News US, Wall Street Journal
Fri, 12/30/2011 - 5:27pm
MF Global was undone by a huge bet on European sovereign bonds that was part of CEO Jon Corzine's ambition to transform a sleepy commodities broker into an investment-banking powerhouse.