Former Obama Economic Adviser and MF Global CEO: I Don’t Know Where the Money Is


Here’s are some brief portions of Jon Corzine’s testimony to a congressional committee yesterday about the MF Global collapse and the “missing” $1.2 billion. I’d expect nothing less than “I don’t know where the money is” coming from one of the economic gurus of the era of Hope & Change. It’s a miracle he was never put in charge of the Department of Energy:

And if you wanted to know Corzine’s party affiliation, you wouldn’t have found out by watching ABC or CBS news.

As always, here’s another reminder that we’re talking about the first person the Obama administration called for economic advice when they got to Washington. It all makes sense now: