The Strategy of Financial Gambling

Dimitris N. Chorafas

Chapter 8 in Business Efficiency and Ethics, 2015, pp 163-180 from Palgrave Macmillan

Abstract: Abstract With listed assets of $41 billion, MF Global is a large American broker-dealer headed, since 2000, by Jon S. Corzine, a former chairman of Goldman Sachs as well as ex-senator and ex-governor of New Jersey. Announced on October 31, 2011, the bankruptcy of MF Global has been the biggest failure of a financial company in America since 2008.

Keywords: Credit Institution; Dexia Group; Standard Charter; Margin Security; Business Efficiency (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-48425-3_8

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DOI: 10.1057/9781137484253_8

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