Corzine will testify
Fox Business is reporting that Jon Corzine with not invoke his fifth amendment rights against self incrimination when he testifies before the House Agriculture Committee this morning.
The former U.S. Senator and former New Jersey Governor was chairman of MF Global until his resignation last month following the firm’s bankruptcy filing. $1.2 billion is customers’ funds are missing.
Fox reports that Corzine will read a 21 page statement to the House committee which will include an apology and a denial that he knows where the $1.2 million went.
The hearing is scheduled for 9:30 AM. It will be broadcast on C-SPAN.
Corzine’s prepared remarks are posted here.
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Corzine is off the hook
Victim of MF Global Fraud Joins Senator Kyrillos in Asking Menendez to Recuse Himself from MF Global Investigation
Maybe the $1.2 billion is in France
Menendez’s Self-Serving Double Standard
Corzine and other MF Global directors reach new $64.5M settlement with investors
Corzine Moving to New York
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