Jon Corzine as Risk Taker? Not So Fast
Posted by
Beth Kurth on Tue, Jan 10, 2012 @ 12:48 PM
There is an article in yesterday’s WSJ on Jon Corzine who is apparently looking for office space in Manhattan, and apparently John Carris Investments is a potential site. The write-up is marvelously bland. Simply a review of a high-profile person seeking a business office in New York, not necessarily a job, and the various connections Corzine has with the different principals. Some of whom worked for him in the past or sat on business-related boards.
But what the article does not do, as so many others have, is refer to him as a ‘risk taker.’ Which is good. Because Jon Corzine is anything but a risk taker. He is a risk carrier, a risk creator or maybe a risk conveyor. But certainly he did not take on the risk. This seems to be the exclusive role of MF Global, its employees and customers. But Corzine? Not so much.