A House committee puts the blame squarely on Jon Corzine for the collapse of MF Global and its...

|About: MF Global Holdings Ltd. (MFGLQ)|By:, SA News Editor

A House committee puts the blame squarely on Jon Corzine for the collapse of MF Global and its "failure to protect customer funds." However, in a report that's due to be released today, Corzine is not accused of breaking the law. While the panel's Republicans lead the attack on Corzine, the Democrat members decline to endorse the report, saying they want more time to study its conclusions.