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The bankruptcy and alleged fiscal malfeasance at securities firm MF Global shook the financial world. Former New Jersey governor, U.S. senator and Goldman Sachs (NYSE:GS) chief Jon Corzine was put in the hot seat by Congress to explain what happened to the $1.2 billion in missing customer funds. This infuriating story demonstrates that even politically connected Wall Street titans can put investor capital in jeopardy.
Article printed from InvestorPlace Media, http://investorplace.com/2011/12/top-11-market-stories-for-2011/.
©2013 InvestorPlace Media, LLC
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