Corzine fund story undercut National business briefs for March 24 Exec says ordered $200M transfer MF Global exec NewsWatch approved probe Video Jon Corzine’s alleged $200 million chief overdraft to be cleared with client funds DealBook New Details Emerge on but No Smoking Gun Call Your Office Want Improve Goldman Sachs Convert it Back into a Partnership Senators advise against paying bonuses David Moon All that glitters is not an 8% return

Corzine sunk by  email? Damning email ties Corzine to funds  Former New Jersey governor Jon Corzine may have been caught telling lies to Congress about the collapse of his international brokerage house, MF Global. NewsWatch: Corzine approved MF Global fund transfer: probe A congressional committee investigating how $1.6 billion of customer funds went missing from the bankrupt brokerage says it's found evidence that former chief Jon Corzine directed a senior official to use $200 million of clients' money. Corzine fund story undercut WASHINGTON - A former MF Global executive appears to contradict testimony from Jon Corzine, saying the former senator and New Jersey governor ordered the transfer of $200 million last fall out of a customer account days before the brokerage firm collapsed, according to an e-mail obtained by congressional investigators. Jon Corzine Transferred $200 Million from Customers to JPMorgan Last year, MF Global, Jon Corzine's brokerage firm, collapsed in a smoldering heap after making bad bets on European bonds. As the company unraveled, almost $600 million of its customers' money vanished. A month later, after a feverish search, investigators found $200 million of it sitting in London, of all ... More » Memo sparks questions about Corzine, MF Global Congressional investigators say former MF Global CEO Jon Corzine ordered a $200 million transfer out of the firm in its final days, raising further questions about what he knew of some $1.6 billion missing from customer accounts. In a memo made public on Friday, staff from the House Financial Services Committee cited an internal email from MF Global assistant treasurer Edith O'Brien saying that ... Jon Corzine, Ex-MF Global CEO, Gave 'Direct Instructions' To Transfer $200M From Customer Account Jon Corzine, the former CEO of MF Global, gave "direct instructions" to transfer hundreds of millions of dollars from a customer account Bloomberg reports, citing a memo drafted by congressional investigators. MF Global exec: Corzine OK'd transfer Jon Corzine, former MF Global Holdings chairman and CEO, is sworn in December to testify before the Senate Agriculture Committee. Associated Press 2011 / Susan Walsh/AP MF Global exec says Corzine ordered $200M transfer A former MF Global executive appears to contradict testimony from Jon Corzine, saying the former senator and New Jersey governor ordered the transfer of $200 million last fall out of a customer account ... Corzine Apparently Ordered Raids on Customer Funds After Jon Corzine's strenuous denial that he had any knowledge of M.F. Global managers raiding customer funds to pay overdrafts, along comes an internal memo that said he didn't just know of the practice, he ordered it. Corzine has said he had no indication that funds belonged to customers Congressional investigators say former MF Global CEO Jon Corzine ordered a $200 million transfer out of the firm in its final days, raising further questions about what he knew of some $1.6 billion missing from customer accounts.
Key Words: jon corzine

References:
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