December 16, 2011

Yesterday, U.S. Representative Jim Renacci (OH-16) asked John Corzine, the former head of MF Global, about some of the internal controls -- or lack thereof -- in place when his firm lost as much as $1.2 billion in customer money and subsequently filed for bankruptcy. The question-and-answer period occurred during a House Financial Services Committee subcommittee on oversight hearing. www.renacci.house.gov www.facebook.com/RepJimRenacci www.twitter.com/RepJimRenacci