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Transcripts For CNNW Erin Burnett OutFront 20120324



it was three months ago when corzine told members of congress this. i never directed anyone at mf global to misuse customer funds. i never intended to. as far as i m concerned, i never gave instructions that anybody could misconstrue. well, how damming is the e-mail we have? we have a criminal defense lawyer. he s with us tonight. looks like $200 million in a segregated customer account, that got put into another account. treasurer of mf global, says, this was per jc jon corzine s direct instructions. well, we don t know if they were client moneys that corzine knew they were, because the account also contained funds which could have been transferred out properly. and apparently corzine and the fund never represented that they were client funds. so do you think there s room to dance around here? it looks bad at first blush, but it s not open and shut. and they continue to investigate this. that s the bigger problem if he lied previously to congress, he s ....

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Transcripts For CNNW Erin Burnett OutFront 20120324



i never directed anyone at mf global to misuse customer funds. i never intended to. as far as i m concerned, i never gave instructions that anybody could misconstrue. well, how damming is the e-mail we have? we have a criminal defense lawyer. he s with us tonight. looks like $200 million in a segregated customer account, that got put into another account. treasurer of mf global, says, this was per jc jon corzine s direct instructions. well, we don t know if they were client moneys that corzine knew they were, because the account also contained funds which could have been transferred out properly. and apparently corzine and the fund never represented that they were client funds. so do you think there s room to dance around here? it looks bad at first blush, but it s not open and shut. and they continue to investigate this. that s the bigger problem if he lied previously to congress, he s in a whole heap of trouble, more than anything he would have done in ....

Will Ferrell , Customer Funds , Mf Global , U S , Criminal Defense Lawyer , E Mail , Customer Account , 00 Million , 200 Million , Jon Corzine , Client Moneys , Client Funds , Lehman Brothers , Including Countryside , Smoking Gun , Trayvon Martin , Breaking News Story , Self Defense , George Zimmerman , Craig Sonner , Defense Attorney , John Zarrella , Let S Go , Candlelight Vigil , Last Night , City Council ,