Deals
Corzine Resigns From MF Global Four Days After Bankruptcy Filing
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Jon Corzine, who joined MF Global Holdings Ltd. 20 months ago to transform the futures broker into an investment bank, quit today amid regulatory probes and after the firm filed the eighth-largest bankruptcy in U.S. history.
Corzine, the former co-chief executive officer of Goldman Sachs Group Inc., quit as chairman and CEO, New York-based MF Global said today in an e-mailed statement. Corzine, 64, who was paid more than $4 million since joining the firm, won’t seek severance pay, the company said.