Maybe the $1.2 billion is in France

Jon Corzine says he simply doesn’t know where the missing $1.2 billion of MF Global customers’ money is.

Maybe it’s in France. In a preview of their February issue, Vanity Fair (hat tip to bluejersey), reports that the former master of the universe and his wife, Sharon Elghanayan, were shopping for a beach house in the South of France two weeks before MF Global collapsed and the $1.2 billion was discovered missing.