MF Global Execs Questioned on Missing Funds

John Corzine testifies before Senate Committee on whereabouts of client money.
0:43 | 12/13/11

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Transcript for MF Global Execs Questioned on Missing Funds
-- -- New Jersey governor Jon Corzine grilled on Capitol Hill again today Corzine insisted. He never signed off on the transfer of one point two billion dollars of client money. That vanished from the securities firm he once headed. I never directed. Anyone -- MF global -- misuse. Customer funds. Never intended to. As far as I'm concerned and never gave instructions that anybody could misconstrue legal. Brokers are required to keep client money separate from company funds are signs -- -- -- global. Collapsed after a disastrous bets on European debt.

This transcript has been automatically generated and may not be 100% accurate.

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