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Global. jill summers, a commissioner on the commodity futures trading commission or cftc which had partial oversight on mf global, has, like jon corzine, testified twice in the past week. for much of that time she has patiently explained and reexplained such basic facts as mf global's division into a local dealer arm and a merchant arm. last night, however, she reportedly told reuters her agency's auditors have figured out what happened to the $1.2 billion in missing funds. quote, we are far enough along the trail to know where the money went, reuters quotes summers as saying. now it's just fi...

Letters. >> reporter: the attorney general disagrees. >> clearly, an attempt to use fast and furious as a way to bolster the requests for that long gun regulation would have been foolhardy. >> reporter: bill n april the justice department went forward with that regulation anyway. back to you. bill: william, thank you. we're going to talk to joe walsh, member of congress, coming up about this in 20 minutes. martha: a little bit more background, more than 1400 guns were sold to smugglers as part of this program enroute to mexico, and only 370 weapons of those were ever retrieved, okay? so that l...