Corzine: 'I don't know where the money is'
December 8th, 2011
07:31 AM ET
2 years ago

Corzine: 'I don't know where the money is'

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NEW YORK (CNNMoney) - Jon Corzine, the former chief executive officer of the bankrupt broker MF Global, apologized for his firm's failure Thursday and told a House committee that he doesn't know where the missing money went.

"I simply do not know where the money is, or why the accounts have not been reconciled to date," said Corzine, the former Democratic senator and governor of New Jersey, in prepared testimony to the House Agriculture Committee on Thursday.

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Filed under: Congress • Jon Corzine
soundoff (8 Responses)
  1. diridi

    We need Federal Inspectors and state Inspectors from different background, and "Raid". I told state inspectors, because these Animals may bribe federal guys.....Raid, Raid, Raid, Raid, and Raid just like any third world is now doing...good luck...check underneath his bed, pillow, attic...etc,,

    December 8, 2011 08:09 am at 8:09 am |
  2. Bill

    Considering the fact that we see a parade of this kind of corporate "lyin' and thievin'", how can anyone suggest that we need LESS oversight or monitoring/regulation of these hoodlums! I'm for gettin' government out of our face, but this new widespread American business model needs to be watched by someone in some sort of authority.

    December 8, 2011 08:31 am at 8:31 am |
  3. Rudy NYC

    Well, someone knows where the money went. Have you ever noticed how the people who are being charged, tried, prosecuted and convicted in investment scams all have one thing in common? So far, the only people who have been getting charged and convicted are the people who stole mainly from the 1%. The people who steal from the 99% are stil walking around free, probably scheming how to steal more.

    December 8, 2011 08:35 am at 8:35 am |
  4. jim

    Let's give him a tax break!!

    December 8, 2011 08:41 am at 8:41 am |
  5. jim

    Forgot to add..

    Let's give him a tax break, because he's a job creator.

    It's for the good of America!!!

    December 8, 2011 08:43 am at 8:43 am |
  6. WireweirdinSF

    He should check with the corrupt union bosses that love him so much they stole elections for him. They know where it is. Such a typical democrat liberal, bet he will say it's Bush's fault.

    December 8, 2011 08:47 am at 8:47 am |
  7. R.I.P. Damon

    LIAR.
    Send him to prison and let him share a cell with Madoff

    December 8, 2011 09:14 am at 9:14 am |
  8. Rick McDaniel

    Therein lies the real problem. If he doesn't know, then he should be personally liable.

    December 8, 2011 09:22 am at 9:22 am |