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Transcripts For CNNW Erin Burnett OutFront 20120323



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 i m 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 account, treasure of mf global has in an e-mail, this was per jc jon corzine s, instructions. we don t know if the monies transferred were actually client monies. we don t know even if they were client monies that corzine knew they were. because the account also contained firm funds which were, could have been transferred out properly, and apparently corzine and the firm nobody of represented in writing they weren t client funds. do you think there s room to dance around here? legal room ....

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