Now wonder these two are joined at the hip. These people are just incapable of accepting responsibility.
Jon Corzine told a congressional panel Thursday that he never intended to break rules requiring failed securities firm MF Global to safeguard client funds. He also said he doesn’t know what happened to an estimated $1.2 billion that went missing.
Corzine is testifying before the House Agriculture Committee about the firm’s bankruptcy, which followed disastrous bets on European debt that were made while Corzine was CEO.
Corzine deflected blame for the company’s collapse. He argued that he inherited a firm already doomed by his predecessors’ bad financial decisions.