Bloomberg Markets' 50 Most Influential

By Bloomberg Markets - 2012-09-05T07:58:26Z

Photograph by Andrew Harrer/Bloomberg

Company Symbol % Change
51 of 55

The Fallen: Jon Corzine

Former CEO, MF Global Holdings LTD.

He ran Goldman Sachs Group Inc., served as a U.S. senator and was governor of New Jersey, although he failed to win re-election. Then, in about a year and a half at the helm of MF Global, Corzine, 65, drove the firm into bankruptcy by embracing increased trading risk. About $1.6 billion of brokerage customer money went missing in the process. Corzine hasn't been charged with any wrongdoing.

WHAT HE SAYS: "I did not instruct anyone to lend customer funds to MF Global or any of its affiliates, nor was I told that anyone had done so." - Corzine, testifying to Congress on Dec. 15.

Advertisement