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Jon Corzine Can’t Pay Damages With Creditor Money: U.S.

Nov. 1 (Bloomberg) -- Jon Corzine, the former head of MF Global Holdings Ltd., shouldn’t be able to use money that would flow to creditors of the bankrupt futures broker to cover the damages he and others caused to its former customers, according to a court filing today from the Commodity Futures Trading Commission.

Link to Company News:{10182Z US <Equity> CN <GO>} Link to Company News:{MFGLQ US <Equity> CN <GO>}

To contact the reporter on this story: Tiffany Kary in New York at tkary@bloomberg.net

To contact the editor responsible for this story: David E. Rovella at drovella@bloomberg.net

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