Corzine Knew Of MF Global Money Transfer To Europe
A CME executive appears to have found a smoking gun that links formers MF Global CEO Jon Corzine to money transfered from the company to Europe. Corzine is a former head of Goldman Sachs (NYSE: GS), and former US Senator…
A CME executive appears to have found a smoking gun that links formers MF Global CEO Jon Corzine to money transfered from the company to Europe. Corzine is a former head of Goldman Sachs (NYSE: GS), and former US Senator from New Jersey.
The Justice Department is examining the charges. Corzine told Congress he had not idea what happened to nearly $1 billion in customer acccounts that was gone from them
According to Reuters
The information is fourth-hand but is the strongest statement yet from a regulator that Corzine may have personally known customer funds were diverted for firm use.
Some officials have been quick to point out that Corzine may have done nothing illegal and that the proof of the transfer should still be considered inconclusive. It is likely the Justice Department will answer those issues shortly.
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