November 6th, 2011 → 5:13 am @ Lea // No Comments

“All that glisters is not gold;
Often have you heard that told;
Many a man his life hath sold
But my outside to behold.”  – The Merchant of Venice

This quote, that not all that glitters is really gold, applies both to Jon Corzine and his failed firm, MF Global.  Corzine, we now know, was certainly not the talented man he seemed – he simply took big risks and stole other people’s money.  And MF Global was not a safe place to park your retirement funds, despite what laws and regulations were around to protect it.  I feel as though you can’t trust anyone and nothing is what it seems right now…it’s an awful feeling.