Jon Corzine, former CEO of MF Global, testifies before the House Agriculture Committee about the bankruptcy of MF Global on Capitol Hill in Washington, DC, December 8, 2011. In prepared testimony, Corzine — once US senator, the governor of New Jersey, the head of Goldman Sachs and later MF Global — apologized to investors and claims he cannot account for the loss of “many hundreds of millions of dollars.” “I simply do not know where the money is, or why the accounts have not been reconciled to date,” he said in the remarks. Around $1.2 billion appears to be missing from the customer accounts of failed US broker, a liquidator of the company has said. AFP PHOTO / Saul LOEB (Photo credit should read SAUL LOEB/AFP/Getty Images)
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