Thank you for sharing!

Your article was successfully shared with the contacts you provided.

No criminal charges are expected as the criminal investigation of MF Global’s loss of $1 billion in customer money comes to an end, the New York Times reports. Authorities are seeking to interview Jon Corzine, the former CEO of the brokerage, which signals that they do not expect to bring criminal charges against him. However, Corzine still faces fallout from customer lawsuits and civil actions which could cost him millions or banish him from Wall Street.

Investigators are still looking into the actions of Edith O’Brien, an assistant treasurer who supervised the transfers of customer cash that disappeared. In congressional testimony last year, Corzine described conversations he had with O’Brien during that time. 

Treasury and Risk

Treasury and Risk Staff Writers

More from this author


Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.