Local News

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Former New Jersey Senator and Governor Jon Corzine calls the MF Global bankruptcy devastating.  Hundreds of millions of dollars are unaccounted for.  In a House hearing, Corzine accepted responsibility for a risky trading strategy involving European debt.  Corzine took over MF Global after leaving office.  He exited after the bankruptcy filing.  Meantime, a Senate panel has summoned Corzine to a December 13th hearing. 

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Former New Jersey Senator and Governor Jon Corzine expressed remorse over the MF Global bankruptcy. 

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Corzine talked about his reaction to the news about the missing money.

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The first witness at the House hearing was Jill Sommers, commissioner of the Commodity Futures Trading Commission.  She talked about the missing money. 

 
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