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发帖数: 29846 | 1 By KELLY EGGERS AND JULIE STEINBERG
The coming week could help determine the future of Jon S. Corzine, the
former Goldman Sachs Group chairman, when congressional investigators hold
yet another hearing on the demise of MF Global, the securities and commodity
firm Corzine headed until it filed for bankruptcy last October.
A memo from congressional investigators released last week revealed that
Corzine directly ordered an employee in Chicago to move $200 million from a
customer account to an MF Global account in the days before the firm's
demise. Corzine has previously told lawmakers that he never directed anyone
to misuse customer money. On Friday, his spokesman said Corzine "stands by
his testimony."
Still the former New Jersey governor's direct involvement in questionable
transfers won't do much to bolster his position. People close to the matter
have already outlined to The Wall Street Journal and FINS
how hands-on Corzine was in running the firm; he fired his chief risk
officer when he objected to the European bond trades that ultimately brought
down the company.
Wednesday's hearing should thus provide more riveting insights into just
what Corzine was doing when MF Global misplaced $1.6 billion in customer
funds. |
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