Former NJ governor Jon Corzine spoke to Congress today , to clarify the remarks he made last week about the collapse of brokerage MF Global. The firm, which he headed until it filed for bankruptcy , happens to be missing $1.2 billion in client money, and senators wanted to know who authorized the transfer . And, for what it’s worth, Corzine said it wasn’t him! [ more › ]
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Corzine Insists He Didn’t Tell MF Global Employees To Misuse Client Funds