CME chief alleges Corzine aware of transfers
CME chief alleges Corzine aware of transfers - FT.com
CME chief alleges Corzine aware of transfers - FT.com
Jon Corzine, the former chief executive of MF Global, was aware that the broker-dealer made use of customer funds during its desperate fight for survival, a US Senate hearing was told on Tuesday.
Terry Duffy, chief executive of CME Group, the futures exchange operator that supervised MF Globals handling of customer money, said a CME auditor heard an MF Global employee say during a conference call involving senior MF Global employees that Mr Corzine was aware of the loans being made from segregated accounts.