How MF Global’s ‘missing’ $1.5 billion was lost — and found
I recall that the missing funds were later found, though Corzine claimed bewilderment over the loss and recovery.
I’ve always suspected the money was fronted to the ‘12 campaign and later stealthily restored. He worked as a bundler for both ‘08 and ‘12 campaigns. The last minute timing of this settlement seems consistent with this.
So, 5 mil is small potatoes, but I guess is as well as could be done to someone with so many friends.
Link to article I inadvertently pasted the title from:
http://fortune.com/2013/11/15/how-mf-globals-missing-1-5-billion-was-lost-and-found/