FlashBack: MF Global’s Corzine is Obama’s Top Economic Advisor

Obama relies on bankrupt Jon Corzine MF Global 

MF Global To Pay $1.2 Billion Restitution, $100 Million Fine

MF Global Holdings Ltd (OTCMKTS:MFGLQ) will have to pay $1.2 billion in restitution and $100 million in civil fines in addition to admitting guilt as part of a settlement with the Commodity Futures Trading Commission (CFTC) regarding its conduct when the company went bankrupt in 2011, FINalternatives reports. The deal doesn’t cover individuals working at MF Global, and the CFTC is still suing CEO Jon Corzine, alleging that he did not act in good faith. Corzine denies any wrongdoing.

About Albert N. Milliron 6991 Articles
Albert Milliron is the founder of Politisite. Milliron has been credentialed by most major news networks for Presidential debates and major Political Parties for political event coverage. Albert maintains relationships with the White House and State Department to provide direct reporting from the Administration’s Press team. Albert is the former Public Relations Chairman of the Columbia County Republican Party in Georgia. He is a former Delegate. Milliron is a veteran of the US Army Medical Department and worked for Department of Veterans Affairs, Department of Psychiatry.

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