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Corzine Asked to Testify Before Senate on MF Global Collapse

Jon S. Corzine, the former New Jersey governor and U.S. senator who led MF Global Holdings Ltd. before the firm sought bankruptcy protection on Oct. 31, has been called to testify Dec. 13 at a Senate Agriculture Committee hearing on the collapse. Corzine, who was chairman and chief executive officer of the New York-based firm, was asked to testify alongside MF Global customers who face as much as $1.2 billion in missing funds, Senator Debbie Stabenow, the Michigan Democrat who leads the panel, said in a statement today. Read Bloomberg report here.

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