Page 39 - Mf Global News Today : Breaking News, Live Updates & Top Stories | Vimarsana

he arrived with a swagger fresh off his impressive south carolina victory but what a difference nine days have made for newt gingrich in florida. on this, the eve of the state's closely-watched primary, gingrich is facing an all-out assault from mitt romney formidable operation in florida. joe johns is seeing it first hand and he had a one-on-one interview with newt gingrich earlier in the day and we'll see that at the bottom of the hour. mean time, joe, 15 hours until the polls open. what's the latest? >> well, wolf, it has been a very hectic 24 hours for the gingrich campaign and a...

Account which backs my trades, which is a requirement of the cftc for anybody who takes a position on the market. mf global was just the fcm, the futures commission merchant who was transacting positions within my account and other accounts similar to mine. so when mf global went bankrupt our accounts were swept into the bankruptcy, freezing us out of our accounts. megyn: have you heard any explanation, martin, other than what we all heard when john corzine testified before congress saying, i don't know where the money went, have you heard any explanation other than that? >> no, there's been n...

Obama -- we've seen this antibusiness rhetoric because he wants to blame anyone for his poor performance and distract attention from it. megyn: all right, guys. i wonder what happens when you get the invitation to the white house and you say you'll be there and you cancel last minute, probably not a good way to be invited back. >> one word, audit. megyn: thank you both so much. >> thanks, megyn. megyn: with the threat of new sanctions looming iran's president is in south america right now meeting with allies like hugo chavez in oil-rich venezuela. what could this mean for us? look at the pictu...

They didn't want to make money the old fashioned way, the way everyone else does it, they wanted to do it quickly an wanted to turn this into the next big bank on wall street. he ultimately apparently used customer funds to drive that obsession. this isn't a complicated case, it's about something you learn as kids. you don't take money that doesn't belong to you, and when you're caught you take responsibility and pay them back. you have 38,000 farmers who rely on this money, it's their money and they can't get the money back, $1.2 billion, where is the money. megyn: he has says he never misuse...

So this was our way of i guess getting ourselves taken care of. there are institutional barriers that were broken. megyn: i want to bring mark in on that. mark, just so our viewers know, basically mf global had two sides. one side was supposed to have the segregated client account and the other side that did the investments and they invested a bunch of bad european debt, we all know that is bad now and the allegation is that they started taking from the accounts, the client accounts like martin's and moving the money over here to cover the bad investments, is that right? >> yeah, that's basica...