Louis Freeh, the bankruptcy trustee for MF Global's (MFGLQ.PK) parent company, has blasted Jon...

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

Louis Freeh, the bankruptcy trustee for MF Global's (MFGLQ.PK) parent company, has blasted Jon Corzine and other senior executives for the "negligent conduct" that led to the firm's collapse. In a report, Freeh also criticized the men for their "risky business strategy" and for "the company's inadequate systems." However, Freeh didn't use the word criminal, nor did he focus on the disappearance of customer money.