More Than 1000 of Corzine’s MF Global Employees Fired

Posted by on Nov 11, 2011 at 12:34 pm

This should make the 99% ecstatic.

A total of 1,066 employees of bankrupt broker and dealer MF Global Inc. have been fired, according to a statement issued Friday by James Giddens, the court-appointed trustee for the liquidation of the company.

Marketwatch reports that between 150 and 200 former employees are being hired to assist in the wind down of the business and processing of bankruptcy claims, according to Giddens.

MF Global is not conducting business, and will not be reorganized.

Someone please remind me why Jon Corzine isn’t behind bars.

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