Euro Trashed

Euro Trashed — John Marshall Mantel/Zuma Press/Corbis; Reuters/Brendan McDermid; Scott Eells/Bloomberg; AP Photo/David Karp

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December 22, 2011 at 9:23 PM UTC

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This article is part of the December 26, 2011 issue of businessweek.

On Nov. 11, MF Global closed its New York brokerage, letting 1,066 employees go. The firm, led by former New Jersey Governor Jon Corzine, bet wrong on European debt. Here, employees leave the New York offices.