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Global headquarters looking for the money. >> this is a huge deal. what i understand in your world, jon corzine going from goldman-sachs and governor of new jersey to this company is like going from the major leagues to triple a. why did he even go there? >> well, i don't know why he went there. maybe he wanted to re-establish himself on wall street. he made his money, $300 million at goldman-sachs, got into politics, u.s. senator, governor of new jersey, lost the governor's race to chris christie in new jersey. wanted to go back to wall street. so he goes to m.f. global, a relatively small fu...

He was flat out wrong. down went the bonds in price. down went m.f. global. and at the last minute, as that company was going under, approaching bankruptcy, reportedly, allegedly, he used money from customer accounts, that's private money in a private account, took the money out and used it to back up the bad bets that he'd made on europe. ok? now, that's the allegation. totally unproven. >> when did that happen? >> that would be in the last few days, maybe in the last week and clearly, that company, jon corzine's company was going down. >> is that criminal? >> it would be criminal unless he g...

The other economies as well. i would agree with you, i don't think there's any way the greeks are going to vote -- thumbs up on a bailout on this referendum. that means they'll to have austerity measures in place. they've already rioted and said we don't want any austerity measures. can i point something out? you're 100% right. the ripple effect will be massive. look what happened monday, m.f. global, a major player in the commodities markets lost $3 million on greek debt. directly on greek debt. >> it's not just greece. >> once you question the notion of sovereign debt, last one we had was ar...