Corzine Says He Didn’t Order Misuse of Funds at MF Global
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Jon S. Corzine, the former chairman and chief executive officer of MF Global Holdings Ltd., told lawmakers he “never gave any instructions to misuse customer funds” and didn’t give orders that could be misconstrued.
Corzine made the comments today at a Senate Agriculture Committee hearing in Washington where lawmakers questioned him and two other top MF Global officials about the whereabouts of as much as $1.2 billion missing from customer accounts.