Personal Finance Advice and Commentary

Thursday, November 03, 2011 3:43 pm
By Sheyna Steiner · Bankrate.com

By now the entire story of MF Global has unfolded, revealing a series of bad decisions and errors in judgment. MF Global made highly-leveraged bets on short-term sovereign debt from cash-strapped European nations such as Spain and Italy. Those investments were ultimately the firm’s undoing, but defaults on the investments weren’t what brought them down