Six Billion Dollar Bet

[marcojuiceman]

[marcojuiceman]

The story of Jon Corzine, the former head of Goldman Sachs and political power broker, who took over MF Global in the spring of 2010 with oversize ambition and a passion for risk. But after a massive bet on European debt turned sour, the firm lay in ruins, with more than a billion dollars of customer funds missing.

[milwaukee mike]

it's easy to bet 6 billion of someone else's money

[jjgold]

He should be in jail

[marcojuiceman]

it's easy to bet 6 billion of someone else's money

If I get a traffic ticket and dont pay it I could go to Jail..
If Corzine magically loses billions of other peoples money.. He gets a bonus

[marcojuiceman]

Or the Government will give them another Bailout of taxpayers money

[Sportsbetting123]

This type of behavior is par for the course in Finance today. Greed is rampant.

[alling]

Only a democrat would bet $6 billion on socialism.