Regulators, credit ratings agencies, and investors became increasingly concerned regarding the size of MF Global’s exposure to European sovereign debt. A credit rating downgrade was all it took to spark a liquidity crisis, and MF Global found itself unable to meet margin calls and client redemptions, ultimately forcing the broker into bankruptcy. Click the image below to enlarge.
The Story so Far
- Where the Money Jon Corzine?
- The Astonishing Collapse of MF Global
- MF Global Disaster: How the Trade Was Supposed to Work
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