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MF Global collapse was preventable, House report says
A report from the House Financial Services Subcommittee on Oversight and Investigations about the collapse of MF Global Holdings finds fault with former CEO Jon Corzine, regulators and credit rating agencies. The report says the eighth-largest bankruptcy in U.S. history was preventable. The report also suggests that Congress should consider merging the Securities and Exchange Commission with the Commodity Futures Trading Commission.

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