Economy/Business News Alert: Jon Corzine to tell House panel he doesn’t know where customers’ money went

	Thursday, December 8, 2011 7:16:27 AM ECONOMY/BUSINESS NEWS ALERT Jon Corzine to tell House panel he doesn't know where customers' money went Jon S. Corzine, the former U.S. senator and New Jersey governor who presided over the collapse of the commodities brokerage MF Global, says he cannot explain what happened to "many hundreds of millions of dollars" that the firm was holding for customers. In testimony prepared for delivery to Congress Thursday, Corzine says he was "stunned" to learn shortly before the firm sought bankruptcy protection at the end of October that MF Global could not account for the money. Regulators pushed MF Global into bankruptcy court on Halloween after an effort to sell the troubled firm unraveled. The firm is now in liquidation. Read more at: http://www.washingtonpost.com/business/economy/jon-corzine-to-tell-house-panel-he-doesnt-know-where-customers-money-went/2011/12/07/gIQAwLUleO_story.html Or visit PostBusiness.com. SEND TO A FRIEND UNSUBSCRIBE E-MAIL CENTER GET HELP Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, D.C. 20071 ©2011 The Washington Post Privacy Policy