WOTD: Re-hypothecation
Dec. 13th, 2011 08:06 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
walkitoutI realize that most of the fun to date with the MF Global scandal has been watching Jon Corzine squirm. That's basically always good for a giggle. But not much more. Calculated Risk has weighed in on MF Global finally:
http://www.calculatedriskblog.com/2011/12/mf-global-and-rehypothecation.html
Many links embedded. Have fun!
Gawker (I think) has a category/tag for "firstworldproblems". This is somewhere much more rarefied than that. It's a solid argument for being Canadian, too. (<-- Believe me, I'm aware of the counter-arguments.)
ETA: CR is walking it back already. Which is sort of sad. It was such a great storyline.
http://www.calculatedriskblog.com/2011/12/update-mf-global.html
http://www.calculatedriskblog.com/2011/12/mf-global-and-rehypothecation.html
Many links embedded. Have fun!
Gawker (I think) has a category/tag for "firstworldproblems". This is somewhere much more rarefied than that. It's a solid argument for being Canadian, too. (<-- Believe me, I'm aware of the counter-arguments.)
ETA: CR is walking it back already. Which is sort of sad. It was such a great storyline.
http://www.calculatedriskblog.com/2011/12/update-mf-global.html