2011-11-04 — forbes.com
When MF Global's troubles erupted last week and ended with the firm's bankruptcy it seemed the mess would be cleaned up fairly quickly. Buyers were supposedly stepping up to buy pieces of the firm, the bankruptcy was filed quickly to avoid further market disruption and the firm--as one financial academic put it at the time "if a financial firm has to fail this is how you want it to happen."
So much for that.
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