MF Global’s Corzine Ordered Funds Moved to JPMorgan?


MF Global’s Corzine Ordered Funds Moved to JPMorgan?

Bloomberg TV reports on the news that Jon Corzine, MF Global Holding Ltd.’s chief executive officer, allegedly gave “direct instructions” to transfer $200 million from a customer fund account to meet an overdraft in one of the brokerage’s JPMorgan Chase & Co. accounts in London, according to an e-mail sent by a firm executive.

As Bloomberg’s Julie Hyman reports on Bloomberg Television’s “Street Smart,” “This appears to be the most direct and damaging evidence uncovered by investigators.”

A Look Back At Warren Buffett’s Legendary Washington Post Investment

Berkshire Hathaway Warren BuffettThroughout his long investment career, Warren Buffett has made thousands of investors and bought tens of businesses. However, a couple of examples really stand out. Q1 2020 hedge fund letters, conferences and more These companies stand out for a range of reasons. The Nebraska Furniture Mart, for example, stands out because it was such a Read More

Adam Johnson adds, “Here is potentially a smoking gun that people have been talking about…but that is very damning potentially to Mr. Corzine.”