Transcript for Jon Corzine Resigns as MF Global CEO
This scandal at banks -- securities firm MF global has cost and Jon Corzine his job the former New Jersey governor resigned this morning from his post as CEO and chairman of the company. MF global has come under attack for apparently investing cash it was supposed to be holding for clients. Investigators say 633. Million dollars is -- missing. Corzine was entitled to severance package valued at twelve point one million dollars. He declined to take it.
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