Home Page : Archive News : February 2012 News : MF Global Risk Chief Urged Caution on Trades | |
MF Global Risk Chief Urged Caution on Trades | |
February 01, 2012 MF Global’s chief risk officer urged senior executives and the company’s board to pare back its $6.3 billion proprietary bet on the debt of troubled European nations roughly three months before the futures broker declared bankruptcy, according to his prepared congressional testimony, the Financial Times reports. Source: http://www.cnbc.com/id/46215299?__source=RSS*tag*&par=RSS |