Jon Corzine

Jon Corzine has told a Senate panel that he never told anyone to "misuse" customer money that vanished when MF Global collapsed this fall.

Two executives at MF Global are seeking to distance themselves from an estimated $1.2 billion in customer funds that has gone missing, according to their prepared testimony for a Senate hearing.

The judge overseeing the bankruptcy of MF Global has approved releasing $2.2 billion more in frozen funds to customers of the firm. U.S. Bankruptcy Judge Martin Glenn issued an order Friday that clears the way for customers to regain some of their money...

Former Governor Jon Corzine pretty much told Congress the same thing he told taxpayers as New Jersey's finances were in shambles: It's not my fault, it was like that when I got here.

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.

Jon Corzine testified before a House committee today answering questions, sort of, about MF Global.

Jon Corzine told a congressional panel Thursday that he never intended to break rules requiring failed securities firm MF Global to safeguard client funds. He also said he doesn't know what happened to an estimated $1.2 billion that went missing.

Its been roughly 3 hours since the start of a House panel hearing where former NJ Governor Jon Corzine is expected to testify about where missing money went when MF Global failed. So far, not a word has been spoken by the former U.S. Senator.

Former New Jersey Governor and United States Senator Jon Corzine will be on the hot seat when he testifies before the House Agriculture Committee this morning about his role leading MF Global. He's scheduled to appear before the Senate Agriculture Committee Tuesday.

Former New Jersey Governor Jon Corzine is scheduled to testify tomorrow morning before the House Agriculture Committee which has jurisdiction over commodities and futures markets. Corzine, also a former U.S. Senator was subpoenaed former to testify about his role leading MF Global.