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Noreen Seebacher
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MF Global
Noreen Seebacher   6/5/2012 10:03:39 AM
NO RATINGS
Scott, I'm sure you read the latest on MF Global--including the fact that the bankruptcy trustee said he may pursue claims against former CEO Jon Corzine in a 275-page report blaming the brokerage's collapse on the one-time New Jersey politico and Goldman Sachs high roller.

But my favorite line from the  report is a phrase used to describe what happened to MF Global: "liquidity asphyxiation."

Now that's a phrase to remember!





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