Jon Corzine Testifies on MF Global Collapse Amid Cloud and IBM Connections 💼
Senator Jon Corzine faces questions on Capitol Hill about the downfall of MF Global, with discussions touching on cloud technology, IBM, and his controversial strategies. What really happened behind the scenes?
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Jon Corzine is testifying on Capitol Hill today about the collapse of commodities brokerage firm, MF Global. The Corzine strategy is going to be, "I Simply Do Not Know Where The Money Is." In other words, it's not my fault!<br /><br />IBM announced today that it is buying DemandTec, a price-management software company, for $440 million in cash to expand its cloud service offerings. We will be looking at both of those stocks today.<br /><br />Do you want fries with that? It seems to be working as McDonald's Corp, (MCD) global same-store sales jumped a bigger-than-expected 7.4% in November. We will analyze McDonald's stock and show exactly what to look for in the future.<br /><br />Tesla tumbles 10% on a negative outlook for electric cars. We will also be looking at that stock today.
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Published
Dec 8, 2011
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