MF Global Challenges, Outlook

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Oct. 28 (Bloomberg) -- Craig Pirrong, a finance professor at the University of Houston, and Bloomberg News reporter Matthew Leising talk about challenges facing MF Global Holdings Ltd. and the outlook for the company. Bonds of MF Global declined to as low as 35 cents on the dollar after the futures broker run by Jon Corzine drew on its credit lines and Moody’s Investors Service and Fitch Ratings cut the firm’s ratings to junk. Pirrong and Leising speak with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

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