WITNESS::CORZINE knew about loan made with customer funds – The Hill

By at December 13, 2011 | 5:05 pm | Print

WITNESS::CORZINE knew about loan made with customer funds – The Hill

An executive of a financial exchange monitoring MF Global told senators Tuesday that Jon Corzine, the former head of the financial firm, knew that loans were improperly made with customer funds.

The claim was made just minutes after Corzine professed his ignorance for how up to $1.2 billion in customer funds had gone missing.

via Witness: Corzine knew about loan made with customer funds – The Hill’s On The Money.

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