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December 8, 2011
Well, that’s reassuring: In statements published online to be spoken aloud at a House committee hearing, the former MF Global CEO plans to say he has no idea where he put investors’ money. “I simply do not know where the money is, or why the accounts have not been reconciled to date,” he plans to say. He claims that, since his resignation, he hasn’t had access to the information that would allow him to understand or reconstruct events. No word if angry farmers with pitchforks (some of whom might be among the investors in MF Global) will be among the crowd at this morning’s hearing. (AP file photo) source
10:33 // 2 years ago
December 2, 2011
MF Global: Jon Corzine’s got a packed Congressional hearing schedule: Corzine, the former New Jersey governor who resigned as MF Global CEO last month, has to face three congressional panels in the next couple of weeks. Corzine oversaw the business moves that led to the company’s bankruptcy. source
15:02 // 2 years ago