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Corzine: I don't KNOW, KNOW, KNOW

Thursday, December 08, 2011 - 01:41

The Reuters Mashup: Asked what happened to more than a billion dollars in investors' money, Jon Corzine, former U.S. senator, governor of New Jersey and chief of MF Global, told a congressional committee - more than once - ''I don't know.'' Hear Corzine's rap.

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Simply do not know where the money is so congressman Adam -- I don't -- call. I don't as I I don't know I don't know I don't recall one point two billion dollars of customers' money. You know nothing about it I take full responsibility. I guess you know all the one thing that struck me mr. Corzine about governor senator analytical exactly. -- people have been gone maybe I don't know can you sir tell us today. That while you've been. The head of this organization MF global that you always did the right thing when no one was looking. Followed by -- -- advice have. In intent and my actions. Were to do the right thing -- would appear that the more aggressive. The enterprise. The better those kind of reward would be. Certainly. Most of the investors are very sophisticated people correct but they understand. The nature of the kind of been apprised that you've been a part of solidity and racers are very sensitive investors. Oklahoma Cullen -- gun. I never intended to authorize anyone -- you never intended to but you might have. If if the did it was a misunderstanding. So so that entries as you don't know what do you do it and ought. -- repeat what I said before I have no recollection whatsoever. The real answer is -- I don't know as I I really don't congressman.

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Corzine: I don't KNOW, KNOW, KNOW

Thursday, December 08, 2011 - 01:41