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Friday, March 23, 2012

Former MF Official: Corzine Instructed Money Transfers

Ouch. Bad news for Jon Corzine.

Former MF Global executive Edith O'Brien said in an October 2011 email that CEO Jon Corzine gave her "direct instructions" to transfer $200 million of customer funds to an overseas account, according to a congressional memo released on Friday.

Would there be a single Democrat not calling for jail time if this were a Republican? I doubt it. Little wonder it was released on a Friday afternoon.