Summary
WASHINGTON -- Exasperated senators on Tuesday pressed former Democratic Sen. Jon Corzine and two other top executives of MF Global Holdings to explain how the now-bankrupt firm lost $1.2 billion in client money without the three knowing about it.
Members of the Senate agriculture committee got no clear-cut answers as the executives at the commodities brokerage firm testified they weren't aware of problems until the night before the firm's Oct. 31 bankruptcy filing, the eighth-largest in U.S. history.See the full content of this document
Extract
Mf Global's Corzine Still Perplexed About Missing $1.2 Billion
Corzine reiterated what he told the House agriculture committee last week: He was stunned to l...
See the full content of this document
Sponsored links
