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MF Global: Good Bets, Bad Timing?

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Minyanville's daily roundup of some of the best financial commentary from around the Web.

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This column highlights the most interesting and useful business and financial commentary from around the Web each day. Feel free to send along your own suggestions for blog content that you've read or written.

Economix
Link:
MF Global: Good Bets, Bad Timing?
"The graves of Wall Street, it has long been said, are filled with those who were right too soon. The great irony of the failure of MF Global, the firm run by Jon Corzine, the former governor of New Jersey and the former chief executive of Goldman Sachs, is that its bets will, in the long run, probably turn out to have been good ones."

Global Public Square
Link:
Jeffery Sachs Speaks to Occupy Wall Street
"First I want to say thank you. You are changing the direction of this country. And this country's direction needs changing. And you're the first to do it in a very long time. You got the right message. We are the 99%. We really are the 99%. And the 1% doesn't get it yet. So keep telling them the truth. They are a little slow, but they'll get it eventually." (Take a look at Occupy Wall Street and The End of Money as We Know It)

Bits
Link:
A Clue Towards H.P.'s Plan to Best I.B.M.
"On Thursday Meg Whitman, Hewlett-Packard chief executive, told us that "H.P. is a hardware company." Earlier in the week, a less-noticeable document from H.P. gave a hint of what kind of hardware company it might want to be. A news release Wednesday from H.P. Labs discussed a project where data from social media is merged with corporate information, like sales transactions and customer demographics, to predict customer behavior."

Curious Capitalist
Link:
Why Europe Can't Solve It's Debt Crisis
"Any hope that last Thursday's debt crisis agreement would finally quell the contagion raging through the euro zone was dashed almost before the ink dried. Only a day later, Italy's borrowing costs actually rose to a euro-era high in a bond auction, a clear sign that investors were far from certain that the debt deal was a game changer in Europe. The leaders of the euro zone appear to have botched yet another opportunity to convince the global investment community that they could tackle the crisis." (Also read Why Europe's Plan To End The Debt Crisis May Not Work: Part 1)

Felix Salmon
Link: Occupy Wall Street and Media Ethics

"Occupy Wall Street seems to be throwing up much more than its fair share of media-ethics questions - from a news-organization perspective, it's a movement which seems to be very easy to respond to badly, and very difficult to respond to well. That's partly because OWS is a leaderless organization lacking an official spokesperson or a clearly-defined political goal."

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No positions in stocks mentioned.

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