MF Global hits PBS

Six Billion Dollar Bet

It's now been nearly eight months since MF Global declared bankruptcy on Oct. 31, 2011. A lot of questions remain unanswered and, worse, a lot of customers still have not been made whole. As such, a fair amount of the public's attention is still focused on MF Global.

PBS' Frontline looked at the bankruptcy and the events leading up to it in last night's episode. Although they present a lot of facts, just as much is left out or left to the viewer to put together. The focus naturally is on Jon Corzine and his fall from grace. The episode focuses mostly on the time from Corzine becoming CEO to shortly after the bankruptcy and doesn't go into much detail about the ongoing investigations or bankruptcy process.

Naturally, this is a complicated issue and PBS leaves a lot unsaid. What do you think about how they handled the issue? Does this convey the severity of missing customer money? What about CFTC Commissioner Bart Chilton's role in the episode?

Watch Six Billion Dollar Bet on PBS. See more from FRONTLINE.

Watch Six Billion Dollar Bet on PBS. See more from FRONTLINE.

About the Author
Michael McFarlin

Michael McFarlin joined Futures in 2010 after graduating summa cum laude from Trinity International University, where he majored in English/Communication. With the launch of the new web platform, Michael serves as web editor for the site and will continue to work on the magazine, where he focuses on the Markets and Trading 101 features. He also served as a member of the Wisconsin National Guard from 2007 to 2010.

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