Why MF Global matters.

By: morstar150 (Diary)  |  November 14th at 06:35 PM  | 

MF Global has gone into bankruptcy because of the criminal acts of John Corzine.  As a result the entire options industry is in turmoil and could fall apart.  This is not a too big to fail scenario, this is just another example of croney capitalism.  Croney capitalism doesn’t just take place when the govenment lends money to business at low rates that will never be | Read More »