The unlearned lessons in MF Global's fall
Former MF Global Chairman and CEO Jon Corzine prepares to testify before the Senate Agriculture, Nutrition and Forestry Committee about the demise and bankruptcy of the company Dec. 13, 2011 in Washington, D.C.
Kai Ryssdal: The roster of companies made famous -- or infamous, I guess -- in the financial crisis is pretty well established: Bear Stearns; Lehman Brothers; AIG. Big names that collapsed in the heat of the moment.
Then along came a company called MF Global. It used to be a sleepy brokerage firm. It dealt mostly with things like corn futures and pork bellies. Until Jon Corzine took over