MF Global filed for bankruptcy today, the result of some bad bets that its CEO, Jon Corzine, placed on sovereign bonds. This is certainly not the first bad bet that Mr. Corzine has placed, and it is certainly not the first time he has had to recover from tragedy. While he was Governor of New Jersey in 2007, Corzine was in the front passenger seat of a state police vehicle that crashed on the Garden State Parkway. Corzine was not wearing a seat belt, and experienced extensive injuries. He broke his left leg, sternum, collarbone, six ribs on each side and a lower vertebra.
After his recovery, Corzine reflected on the experience to Big Think. “Life is a real luxury that one shouldn’t take for granted,” the former Governor said. “So philosophically, spiritually, I think I’ve grown by the experience.”