Report blames Corzine’s strategy for MF Global collapse

Capitol Hill

A report from a subcommittee of the House Committee on Financial Services blames chief executive and chairman Jon Corzine for the collapse of the broker-turned-bank MF Global in 2011. The oversight and investigations subcommittee, whose inquiry has been under way since shortly after the company's collapse in October 2011, blamed Corzine for creating an "authoritarian atmosphere", sidelining risk managers, dictating a risky trading strategy himself and concealing the company's finances from the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: