Who would have seen this coming?
February 24, 2012
Dealbreaker's Bess Levin reports (via FoxBusiness) that former MF Global CEO Jon Corzine will not face criminal charges for his role in the firm's diverting of client funds and subsequent collapse.
Sources told FoxBusiness regulators were having "a very tough time" gathering evidence that would have put Corzine in the clinker.
Meanwhile, the avalanche of customer and shareholder lawsuits, as well as civil liability investigations by the CFTC and the SEC, continues apace.
SOURCE: Business Insider
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