Friday, December 16, 2011

MF's Jon Corzine Takes Jabs But Stands Firm in His Defense

(My comment: I wonder if former Governor Jon Corzine allowed himself to become the patsy for actual crooks at his firm.  Maybe this was payback?  The real story is yet to be told.  Either way, Corzine is toast.)


Former MF Global Chief Jon Corzine testifies before a House Financial Services Committee Oversight and Investigations Subcommittee hearing on the collapse of MF Global, at the Capitol in Washington, December 15, 2011. REUTERS/Jonathan Ernst
By Sarah N. Lynch and Christopher Doering
WASHINGTON | Thu Dec 15, 2011 9:09pm EST
(Reuters) - Former MF Global chief Jon Corzine denied on Thursday a recent allegation that he knew customer funds were improperly used, while absorbing withering criticism from Republicans who chided the former Democratic senator for his role in the firm's failure.
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