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USANews版 - House panel votes to subpoena Corzine on MF Global
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House panel votes to subpoena Corzine on MF Global
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By Staff, Associated Press
December 2, 2011
WASHINGTON (AP) — A congressional panel has voted to subpoena former Sen.
Jon Corzine to compel him to testify at a hearing next week about his role
leading the investment firm MF Global, which collapsed after a disastrous
bet on European debt.
The House Agriculture Committee voted Friday to issue the subpoena.
Committee Chairman Rep. Frank Lucas, R-Okla., said Corzine hadn't yet
confirmed that he would come and "his testimony is essential to fulfill our
objectives."
It woulkd be a rare appearance by a former member of Congress asked to
testify under oath about a matter under federal investigation in which he
was involved.
Regulators are investigating whether MF Global used money from customers'
accounts for its own purposes as its financial condition worsened.
An estimated $1.2 billion or more may be missing from customer accounts.
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话题: global话题: mf话题: corzine话题: subpoena话题: house