Wednesday, November 2, 2011

Pssst - I'm Watching To See Who Will Cover Former NJ Govern John Corzine's (D-NJ) FBI Investigation For Corporate Financial Irregularities

Corzine, top Obama fundraiser, under FBI investigation

$600 Million Missing Off Of The Books Of Cozine's Firm


NEW YORK (CNNMoney) -- A government regulator said in court Wednesday that roughly $600 million is missing from the books of bankrupt brokerage MF Global.

The firm, headed by former New Jersey governor and Goldman Sachs CEO Jon Corzine, filed for Chapter 11 protection on Monday following a panic from investors over its holdings of risky European debt.
"MF Global has discovered a shortfall of segregated accounts of around $600 million," a lawyer with the Commodity Futures Trading Commission said, adding that this is a preliminary figure that could increase.

This past weekend, executives at MF Global had been scrambling to sell the firm to Interactive Brokers, but the missing money scuttled the dealand forced it into bankruptcy, regulators said this week


THE ROOT.COM (Owned By WashPo Co)  - Search On "Governor Corzine"
THE GRIO.COM (Owned By MSNBC ) - Search On "Governor Corzine" 



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