Bloomberg News

Corzine Says MF Global Europe Exposure Has Little Principal Risk

October 25, 2011

Oct. 25 (Bloomberg) -- MF Global Holdings Ltd., which had its credit ratings cut to the lowest investment grade by Moody’s Investors Service yesterday, has “little principal risk” from its exposure to Europe, the brokerage’s chief executive officer Jon Corzine said on an earnings call today.

To contact the reporter on this story: Matthew Leising in New York at

To contact the editor responsible for this story: John Parry at

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