MF Global Ad: ‘We Have Convictions’

by Marian Wang ProPublica, Nov. 4, 2011, 2:19 p.m.

A perusal of the latest issue of Barron’s turned up the following ad for brokerage firm MF Global:

Everyone Has Opinions We Have Convictions MFGlobal

(If you are having trouble seeing the image, click here [1].)

Somehow the ad, published Saturday, reads a little differently now, in light of recent events [2]: Though no one’s been formally accused, the firm is now under investigation by regulators and by the FBI after hundreds of millions of dollars belonging to customers [3] went missing. The CEO — former New Jersey governor, former Senator and former Goldman Sachs chief Jon Corzine — resigned today without severance [4] and according to the New York Times, has hired a criminal defense attorney [5].