Daily Archives: November 21, 2011

Nine hundred people talking animatedly online about brown clinker – a cement ingredient – doesn’t sound much of a vision. But it may be exactly what computer visionaries had in mind when they first envisaged computerised collaboration between workers midway through the last century.

John Gapper

The more details emerge of the shortfall in customer funds at MF Global, the financial broker formerly headed by Jon Corzine, when it collapsed three weeks ago, the more disturbing it appears.

For a time, it seemed plausible that the funds had simply been mislaid in accounts that could not be immediately accessed when MF Global went into Chapter 11 bankruptcy. But the likelihood that the money was improperly used – and lost – has increased. Read more