Missing MF Global Funds Found, GE CEO vs. Occupy Protesters, Walmart's Cost To One Community And More

Wednesday, April 25, 2012

Missing MF Global Customer Founds All Accounted For

Jon Corzine might not know where the money is, but somebody certainly does.

James Giddens, the trustee overseeing MF Global's liquidation, told the Senate Banking Committee on Tuesday that he has now accounted for the $1.6 billion in customer funds that went missing following the brokerage firm's collapse, adding that his analysis "is substantially concluded," CNNMoney reports. Giddens team has been tracking down the funds ever since MF Global became the eighth-largest bankruptcy in U.S. history last October.

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