WASHINGTON (AP) — A House panel says credit rating agencies and federal regulators contributed to MF Global’s collapse last year. But it pinned most of the blame on ex-CEO Jon Corzine. The report issued Thursday by the House Financial Services Oversight and Investigations subcommittee found Corzine’s risky strategies caused the brokerage firm’s failure. That largely reiterated a statement released Wednesday by the committee’s Republicans. The brokerage firm was forced to seek bankruptcy protection last year, the eighth largest in U.S. history. Morethan $1 billion in customer money went missing. Corzine, a former U.S. senator and governor of New Jersey, stepped down as CEO in November 2011. More on Bloomberg Businessweek here.
