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FBN's Charlie Gasparino with news that the House Congressional Committee will hold a hearing on MF Global in late March.
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As first reported by Fox Business investigators are having a difficult time mounting a criminal case.
Against former MF global chief Jon Corzine or or anyone at the firm for that matter after the firm imploded.
And one point six billion dollars in missing customer money is still somewhere in the ether here but investigations into the MF -- collapse continue.
Charlie Gasparino has the witnesses -- stunning that nobody has been -- like this before.
I guess.
Put it handled it there's a -- they just haven't been in in handcuffs and another holdings in -- -- from what we understand sources.
Are -- the Fox Business Network in the late march to house financial services committee is planning another hearing in the -- -- nevertheless hearing had Jon Corzine.
Which you know I went and I was kind of high drama he didn't say much but it was high drama listening to listening to equivocation.
This time we're gonna -- you can hear from people who may not have the name recognition or the sort of marquee value is Jon Corzine but very important players in the firm's collapse.
-- firm's chief financial officer Christine Sharansky big player in -- in the final days of the of the firm's survival late late late last year.
And -- grind operations the there of global treasurer both will be cool to cold to testify -- -- The fly -- mean will we understand from people close of the committee.
Is O'Brien is walking she's -- and she said this to others she same -- we will I will not -- go and and and has device.
Unless you give me immunity from prosecution had is a big big hurdle listen theoretically -- could compel or they could think it's and there are subpoena.
But this is where it's going out those -- the two people that the -- I think this -- whose committee.
Want to talk to want to put on the world.
And -- give in and give -- they are getting bonuses are some things executives getting I inside I saw the story to tell having a listen.
AIG people that got bonuses OK I mean you know -- you.
But I'm not an expert at this but just theoretically.
If you highlights the bankruptcy trustee higher -- to do a job.
You know theoretically supposed to get paid to do it correct okay and that's -- to be -- and I think that's what to do and now we should point out that the bigger stories are missing money.
It's still missing one point six billion.
I've been on the phone with the bankruptcy trustees today which gave -- -- -- -- scenario a lot of that money 700 million is tied up in the UK.
The UK won't allow him to clawed back.
If you -- -- be -- back the missing money would go down to 900 million dollars again.
That money would be obvious distributed the UK who administrators are saying no we're not -- unity of we have reasons why.
Apparently -- Gittens Jon -- the the Detroit bankruptcy trustee is thinking.
Thinking wane a lawsuit to get that money back you should know litigation in that regard is timely costly it can -- -- that money anyways that's we are right now.
Late march what we understand house financial services committee.
-- the hearing O'Brien.
And so risky are the people they want they want to testify.
-- yesterday as you were doing the story on the upper east side madam who may or may not have high finance clients who insisted.
He insisted that the producers -- Disco inferno by the caps they didn't tell you that it was a controversial wasn't even the real thing the valley of the real thing but on a -- separate note to you know.
Yesterday afternoon in the lead singer but perhaps -- -- -- LLC don't yesterday not today.
