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Jennifer is Co-host of The Story of Liberty Radio Broadcast, video editor and creator, blogger & Web designer for the Story of Liberty. TheStoryofLiberty.net

38,000 Farmers Sue Jon Corzine Over Missing Millions

Montana farmers have filed a class action suit against former New Jersey governor Jon Corzine, charging that the failed financial firm run by Corzine stole millions from their accounts to pay off its spiraling debts, and that Corzine’s “single-minded obsession” with making MF Global a big player on Wall Street led to the firm’s collapse.

MF Global’s clients included 38,000 wheat farmers, cattle ranchers and others who “hedged” their crop prices by placing millions in MF Global accounts. Those accounts were supposed to be “segregated and secure,” according to the federal suit, meaning MF Global could not draw on those funds.
http://cdnapi.kaltura.com/index.php/kwidget/wid/0_eo9hytbq/uiconf_id/5590821

 

Read more: http://abcnews.go.com/Business/fbi-reportedly-investigates-mf-global-jon-corzines-future/story?id=14857116#.Tw0BKtQTHG4

 

Read more: http://abcnews.go.com/Blotter/farmers-sue-jon-corzine-missing-millions/story?id=15321298#.Twz_NNQTHG5

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