Corzine - Tip of the Iceberg

Jon Corzine—  The Noose Tightens

“ my comment [Former Democrat Senator and New Jersey Governor] Jon S. Corzine gave "direct instructions" to move $200 million from an MF Global Holdings Ltd. account containing customer funds three days before the securities firm collapsed, according to an employee email reviewed by congressional investigators. The Oct. 28 email was disclosed in a five-page memo released Friday afternoon by a House Financial Services subcommittee. The panel is investigating what caused an estimated $1.6 billion shortfall in customer funds at MF Global, which collapsed into bankruptcy Oct. 31. Edith O'Brien, an assistant treasurer who was among the employees involved in moving money at MF Global, wrote in the email that ... ”