Tuesday, December 13, 2011

'I'm sorry... but I've got no idea where your money's gone': Jon Corzine apologises to MF Global clients with $1.2bn still missing

Jon Corzine has admitted he has no idea where $1.2billion of missing customer’s money has gone since his brokerage firm collapsed.

The former chief of MF Global has apologised to customers, employees and investors, saying ‘their plight weighs on my mind every hour’.


But politicians and regulators have slammed the former New Jersey governor’s firm for operating as if the recession never happened.


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