Mf Global's Corzine Denies Knowledge of Any European Loan

Summary


WASHINGTON (Reuters) - Formerchiefon Thursday [Dec. 15] denied an allegation that he knew the now-bankrupt brokerage firm used customer money to lend to a European affiliate.

In his third appearance in eight days before lawmakers probing MF Global's demise, Mr. Corzine immediately sought to address questions raised after he had testified at a hearing on Tuesday [Dec. 13].

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Extract


Mf Global's Corzine Denies Knowledge of Any European Loan

"I don't know the source of the suggestion but let me be clear," Mr. Corzine told a House Financial Services oversight subcommittee on Thursday. "I did not instruct anyone to l...

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