FEDS: CORZINE GETS FEDERAL CHARGES FOR BOTCHED INVESTMENTS

A former governor of New Jersey has now been accused by the federal government of botching the handling of MF Global, costing many investors millions of dollars.  Jon Corzine was slapped with the civil lawsuit by the Commodity Futures Trading Commission which wants to hit Corzine with a hefty fine and make sure he never trades in the futures market again.  More than $1 billion in customers funds managed thanks to Corzine’s alleged mismanagement.