And Joe Nocera had a really nice column on former Goldman CEO and Democratic politician Jon Corzine and how he bankrupted MF Global and almost walked away with $12 million.
We found out today that the reason Corzine didn’t get his cash is potential acquirers backed off after discovering that MF Global may have improperly used nearly a billion dollars of clients’ money. That’s one to watch.

"This is the Peter Wallison/AEI/right-wing media take on the crisis and it’s flat false, as most bankers will tell you. About the kindest thing you can say about it is that it’s ignorant."
Unfortunately, Gretchen Mortgenson via David Brooks, George Will, et al have given this bit of slander new life.
It's too bad cjr can't do an interview with Gretchen (or an expert like Bethany McLane) she can clarify what she meant and, if necessary, confront her on her misperceptions.
#1 Posted by Thimbles, CJR on Wed 2 Nov 2011 at 01:55 PM