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Goldman to the Rescue? Suitors Circle MF Global

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As MF Global (MF: 1.33, -0.10, -6.99%) races to survive, a number of suitors are reportedly circling the embattled futures brokerage, including CEO Jon Corzine's former employer: Goldman Sachs (GS: 115.96, +1.05, +0.91%).

According to The Wall Street Journal, Goldman, State Street (STT: 41.82, +0.62, +1.50%) and Australia's Macquarie are all either eyeing New York-based MF Global or its parts. Other firms may also be looking at the company, but any deal would be expected to happen quickly as its stock plunged below $1 on Friday.

Corzine, the former governor of New Jersey, served as CEO at Goldman from 1994 to 1999, raking in an estimated $600 million.

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The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

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