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/PRNewswire/ -- Irving H. Picard, Securities Investor Protection Act (SIPA) Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS),...
Now to a fox business exclusive. new revelationses in the ms global case. he didn't know anything about the misuse of client's money ahead of the firm's collapse. >> while corzine denied ms global but looks like the chief financial office for north america. he had a different story. here's what sources told our own charlie gasporino. >> jon corzine in the missing customer fund. she was basically saying he knew that the money was being missed -- the money was being used and there were problems in the way it was being used that's what she told people initially. >> told congress she was on vacati...
Many on wall street if this situation, so, at best, he wasn't too bright. >>guest: if that is the case because you have so many people that are out this is segregated customer funds and that is a big deal. >>neil: when you raid customers funds to keep the company afloat, that i am told is a no no but it was raced with charles gasparino but i don't know if it is out and out illegal. >>guest: usually it is overnight only. >>neil: do you think it sill legal? >>guest: yes under this circumstance. >>neil: if he gave it the okay, he has done something legally wrong? >>guest: he will go do jail. if h...
Billion of missing customer funds. >> i never gave any instruction to misuse customer fund. i never intended anyone at mf global to misuse customer fund. those first young men.
Platform. luckily he was wearing a safety harness that kept him from falling to the pavement. viewer from wouldn't have had that safety harness he would have been a goarn. >> the harness and safety lines are everything to this guy. if they are not working properly or he wasn't using them, he could have been injured in a fall. it was a good day for him. alisyn: spectators cheering when he was brought safely down to street level. back to one of our top stories. a senate panel on the money trail trying to find out what happens to more than a billion dollars in customer fund missing from mf global...