Faculty News
—
Prof. Roy Smith on the MF Global failure
—
![TIME logo TIME logo](/sites/default/files/styles/192w_x_144h/public/assets/images/uat_025660.jpg?h=cd55d432&itok=mBj9PWlR)
Excerpt from a TIME Magazine blog -- "We are going to have significant players in the shadow banking business have liquidity problems and we have to be willing to allow firms to sour when that occurs. ... MF Global was correct to be identified as small enough to fail."
Faculty News
—
![TIME logo TIME logo](/sites/default/files/styles/192w_x_144h/public/assets/images/uat_025660.jpg?h=cd55d432&itok=mBj9PWlR)
Excerpt from a TIME Magazine blog -- "We are going to have significant players in the shadow banking business have liquidity problems and we have to be willing to allow firms to sour when that occurs. ... MF Global was correct to be identified as small enough to fail."