not too big to fail
Jon Corzine Called to Explain MF Global’s Failure to Congress
The House Agriculture Committee voted unanimously today to subpoena Jon Corzine, the former New Jersey governor, Goldman Sachs CEO, and "mini-Goldman" creator, about the bankruptcy of brokerage firm MF Global. The hearing isn't until Thursday, so maybe by then he'll have tracked down that missing $1.2 billion in customer funds.
House Committee Subpoenas Corzine [DealBook/NYT]
