So who sat on the board of MF Global, who seemed to disregard warnings by risk managers that MF was over leveraged? Here is the list:
Jon Corzine
Chairman and CEO
MF Global Holdings Ltd.
*David P. Bolger
Former EVP and CFO
Aon Corporation
*Eileen S. Fusco
Retired Senior Partner
Deloitte & Touche LLP
*David Gelber
Retired Director and COO
ICAP plc
*Martin J. Glynn
Retired CEO
HSBC Bank USA and Chairman HSBC Bank Canada
Edward L. Goldberg
Managing Member
Longview Investments, LLC
*David I. Schamis
Managing Director
J.C. Flowers & Co. LLC
Robert S. Sloan
Managing Partner
S3 Partners, LLC
*Members of the Audit and Risk Committee; Fusco was the Chair
MF Global Board of Directors 2011