Can Corzine Pull a $1.2 Billion Rabbit Out of His Hat? - Yahoo! News:
'via Blog this'
Is Corzine directly responsible for the losses?
Under licensing, law and regulation, Corzine had a strict obligation to follow the rules against commingling funds. However, Corzine has released a stunning prepared statement in which he claims not to know where $1.2 billion dollars is. Asked by a congressman if he'd authorized the commingling of customer funds, Corzine made an ambiguous response saying he didn't "intend" for that to happen