Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: MF Global | Statement: [Jon Corzine, employer, MF Global]

Target entity: MF Global
Context triple: [Jon Corzine, employer, MF Global]

• A. Lehman Brothers
  Lehman Brothers was a major global investment bank whose 2008 bankruptcy became a central event in the global financial crisis.
• B. Paulson & Co.
  Paulson & Co. is a New York-based hedge fund firm best known for its highly profitable bets against the U.S. subprime mortgage market during the 2007–2008 financial crisis.
• C. Cantor Fitzgerald
  Cantor Fitzgerald is a New York–based financial services firm and brokerage known for its bond trading operations and for suffering devastating losses in the September 11, 2001 attacks.
• D. Guggenheim Securities
  Guggenheim Securities is the investment banking and capital markets arm of Guggenheim Partners, providing advisory, financing, and related financial services to corporate and institutional clients.
• E. Bear Stearns
  Bear Stearns was a major American investment bank and brokerage firm that collapsed during the 2008 financial crisis and was acquired by JPMorgan Chase.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: MF Global
Triple: [Jon Corzine, employer, MF Global]

MF Global was a now-defunct U.S.-based brokerage and financial derivatives firm that collapsed in 2011 after a major liquidity crisis and misuse of customer funds.

Target entity: MF Global
Target entity description: MF Global was a now-defunct U.S.-based brokerage and financial derivatives firm that collapsed in 2011 after a major liquidity crisis and misuse of customer funds.

• A. Lehman Brothers
  Lehman Brothers was a major global investment bank whose 2008 bankruptcy became a central event in the global financial crisis.
• B. Paulson & Co.
  Paulson & Co. is a New York-based hedge fund firm best known for its highly profitable bets against the U.S. subprime mortgage market during the 2007–2008 financial crisis.
• C. Cantor Fitzgerald
  Cantor Fitzgerald is a New York–based financial services firm and brokerage known for its bond trading operations and for suffering devastating losses in the September 11, 2001 attacks.
• D. Guggenheim Securities
  Guggenheim Securities is the investment banking and capital markets arm of Guggenheim Partners, providing advisory, financing, and related financial services to corporate and institutional clients.
• E. Bear Stearns
  Bear Stearns was a major American investment bank and brokerage firm that collapsed during the 2008 financial crisis and was acquired by JPMorgan Chase.
• F. None of above. chosen