Excerpt
JUDY WOODRUFF (Newshour): Former MF Global CEO Jon Corzine was back at the U.S. Capitol today for the second time in two weeks, this time facing a committee of former Senate colleagues.
Their question was a simple one.
SEN. DEBBIE STABENOW, D-Mich.: Where's the money? I mean, how do you answer that? Where is the money from funds that were supposed to be kept separate, customer money?
JUDY WOODRUFF: That money, $1.2 billion worth, vanished when MF Global filed for federal bankruptcy protection in October.
But Corzine insisted again he doesn't know where the funds went.
No comments:
Post a Comment