No. of Recommendations: 0
The MF Global debacle is a perfect case study for what's wrong with Wall Street.
There's the excessive risk taking; humongous egos; poor risk managment; possible criminal compliance failures. And then there is the sinister web of insider connections, backscratching, and deal-making.
This is a big and important story and we intend to follow it closely. I put together a list for Fool.com with all of the best stuff we've read about the story so far. Be sure to add any things you have found too, either in the comments box on the article or below this post.
Here's the link to the article:
http://www.fool.com/investing/general/2011/11/07/the-smartest-things-weve-read-about-the-demise-of.aspx