Page 6 - Client Funds News Today

the email from a firm executive says jon corzine gave direct instructions to transfer client funds to cover and overdraft in another account. it was just three months ago when jon corzine told members of congress this -- >> anyone at mf global to misuse customer funds, never intended to, and as far as im concerned, i never gave instructions that anybody could misconstrue. >> well, how damning is the e-mail we now have. represented jon ghn gotti jr. i out front now. put into another acc...

Goldman sachs saying that we do engage in conflicts of interest with our customers. thats why this is so important because we have somebody from the inside declaring that there is a serious problem. >> naylor says the rules might have helped jon corzine after he left the new jersey office. from blowing it up. it went bankrupt on risky financial debts and cannot locate $1.6 billion in client funds. shep? >> shepard: peter barnes live in washington tonight. peter, thank you. at least 100 passenger...

Very public and quite dramatic fashion. slamming the company for ripping off its customers. this is a guy who says he was handling more than a trillion dollars in client funds. and he ripped the company. wait until you hear what he says about how far his now former company managed all that money. thats ahead as fox reports live tonight. is this what were doing now? i dont want a pluer anywhere near my coffee. not in my house. with maxwell house french roast, you let gravity do the work. [ male a...

youre in "the situation room"." the first republican presidential contest is two weeks away and a top obama adviser says the democrats are counting on a long primary season slugfest between newt gingrich and mitt romney. every word from the candidates could make a difference. jim acosta is covering the final sprint of the caucuses. jim, were seeing a possible shift in the romney campaign strategy. what are you seeing? what are you hearing? >> reporter: well, there may be a big moment...

Funds were unreconciled on sunday evening, october 30th. >> that, former senator, former new jersey governor, former goldman sachs ceo. one of the most respected and prestigious and esteemed men in american society. jon corzine, who along with two other former executives, spent today answering questions on capitol hill about the collapse of a highly leveraged system that really reflects the fact that we havent reformed our financial markets. and, perhaps more importantly, the odd disappearance -...

plus, the shocking end to an equally shocking case in saudi arabia. a woman beheaded for witchcraft. im wolf blitzer, youre in the situation room. just 24 hours ago, the mud was flying between newt gingrich and mitt romney as they campaigned in the first primary state of new hampshire. now gingrich is vowing to run a clean campaign and refrain from initiating the kind of attacks that have come to characterize the modern race for the white house. some question, though, whether newt gi...

assistant basketball coach. zach tomaselli claims he was fondled when he was 13 years old. he plans to discuss these allegations very shortly. going to bring you his remarks live. we should note, however, that shorts are questioning tomasellis credibility based on records from the syracuse basketball teams travel as well as hotel. also tomaselli announced this week he is going to plead guilty to sexually assaulting a boy in maine. the syracuse district attorney says he cant prosecute...

Something like 45 billion. lehman had assets of over $500 billion. so you could see it is a big difference but its an interesting story. the guy running the firm is a well-known figure on wall street and in washington, jon corzine, former governor of new jersey. former u.s. senator from new jersey. and it does encapsulate some of the problems of wall street. really aggressive, i would say idiotic risk-taking that took this firm down and took it down really quick. as soon as it was exposed to hav...