Eurozone Crisis Leads To American Firm's Bankruptcy | WAMU 88.5 - American University Radio

Eurozone Crisis Leads To American Firm's Bankruptcy

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Europe's debt crisis claimed another victim Monday morning, and this time the casualty was an American firm. MF Global Holdings filed for bankruptcy after an unsuccessful effort to find a buyer for the ailing firm. MF Global is headed by Jon Corzine, the former governor of New Jersey, who reportedly bet on the direction of European bonds — and lost.
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