NEW YORK — Nearly two years after Jon S. Corzine watched his brokerage firm implode, federal regulators have sued the former MF Global chief executive over the firm’s misuse of customer money during its final days, a stinging blow to the onetime titan of Wall Street and Washington.
Federal regulators are poised to sue Jon S. Corzine over the collapse of MF Global and the brokerage firm’s misuse of customer money during its final days, a blowup that rattled Wall Street and cast a spotlight on Corzine, the former New Jersey governor who ran the firm until its bankruptcy in 2011.
FARGO, N.D. — MF Global customers need to submit claims against the bankrupt brokerage firm before a Jan. 31 deadline, says U.S. Sen. Kent Conrad, D-N.D., chairman of the Budget Committee and a high-ranking member of the Senate Agriculture Committee.
BISMARCK, N.D. — North Dakota’s state-owned flour mill will likely lose at least $60,000 because of the collapse of a commodities broker the mill has used to guarantee prices for the wheat it buys, according to a state audit.
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