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Hearing on MF Global, Missing Customer Funds

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Uploaded on Dec 13, 2011

Sen. Chuck Grassley, a member of the Senate Committee on Agriculture, today worked to get answers from Jon Corzine and other employees of MF Global, the firm that lost up to $1.2 billion in customer money and is causing hardship for farmers and brokers across the country as a result. No one from the firm has been able to describe exactly what went wrong. Answering that question is critical to trying to relocate the missing funds and to prevent such a disaster from happening again.

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