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Will MF Global Trustee Sue Corzine?

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  • Description

    FBN’s Peter Barnes on the potential suits being brought against former MF Global executives like Jon Corzine by the MF Global trustee.

  • Duration 1:31
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-- bombs in Washington with more -- up.

-- -- that's right James Gittens reported that management's actions and and a lack of sufficient monitoring and systems.

Resulted in customer property that means customer cash.

Being used during a liquidity crisis -- the company last year.

As a result didn't -- for the first time that he believes that claims including claims for breach of fiduciary duty and negligence may be asserted against Corzine.

Former MF global CFO honorary -- camp and MF global former MF global assistant treasurer.

Edith O'Brien among others he said that he will use his efforts to pursue these claims either through litigation.

Or negotiation.

Or to support the pursuit of these claims by others and that would be class action attorneys Robert.

-- -- says he's gonna spend the next sixty days trying to negotiate with various parties and potential including Corzine himself and then decide.

-- and whether to sue anybody.

Actually very interesting I paid abounds in Washington -- thank you very much.

Appreciate mr.

a keeps giving to does all of the Marley and -- right.

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