1. MF Global Missing Hundreds of Millions of Customer Money
... holding your customers' funds in their names, you don't touch them - even in an emergency situation when you're running short of cash," said Darrel Duffie, a Stanford University Graduate School of Business professor (Brush). Corzine originally took the head job at MF Global after unsuccessfully running for re-election in New Jersey's elections for governor. As a former executive at Goldman Sachs, ... Corzine utilized his previous experience of increasing the worth of a company through investments by immediately launching into a bold campaign to boost profits by placing risky bets with t...
- Word Count: 812
- Approx Pages: 3
- Has Bibliography
- Grade Level: Undergraduate