President Barack Obama's campaign and the Democratic National Committee have returned more than $70,000 in campaign contributions from former New Jersey Gov. Jon Corzine following the collapse of MF Global, Corzine's financial firm.
He didn't plead the fifth as many expected. Jon Corzine made his first public remarks at a House committee hearing in Washington -- to explain how billions of dollars of customers money is missing after investment banking giant MF Global declared the 8th largest bankruptcy in history while he was CEO.
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