The private equity investor J. Christopher Flowers used to be friends with Jon S. Corzine, whom he picked to run MF Global. They were both partners in Goldman Sachs, where the latter was also co-CEO. But the $47.8 million loss that Mr. Flowers’s company could suffer on the brokerage’s bankruptcy has strained relations between the two, the Wall Street Journal reported late last week.
Isn’t there a saying. “A friend in need, is a friend indeed”?