Friday, March 23, 2012

Vanity Fair: Jon Corzine's Riskiest Business



This is an interesting article on MF Global and Jon Corzine more broadly.

It is the story of industry wide greed, influence peddling, and the weakening of the regulatory agencies in a combination of powerful persuasion and anti-regulatory ideology aggressively promoted by money from self-serving financial interests.

It is good to remember that attempts to regulate and reform the industry are

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