MF Global meltdown
"Corzine's company heavily invested client funds in Eurozone bonds - Greek, Italian, Spanish, German and French. He was confident that the EU leadership in the strongest countries, especially Germany and France, would find a way through the crisis and prevent defaults.
.... Month after month the EU leaders demand more and more austerity from the indebted countries. No investment, no aid was offered.....MF Global investors begin to get nervous......"
don't try to out wait a central bank
.... Month after month the EU leaders demand more and more austerity from the indebted countries. No investment, no aid was offered.....MF Global investors begin to get nervous......"
don't try to out wait a central bank
