Nightly News | November 04, 2011
Corzine resigns from MF Global
Former New Jersey Gov. Jon Corzine resigned from MF Global, following the firm’s collapse four days ago and an investigation into missing funds. NBC’s Brian Williams reports.
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This content comes from a Full-Text Transcript of the program.
BRIAN WILLIAMS, anchor: John Corzine is in the midst of a spectacular fall from grace. He was the head of Goldman Sachs , he was a US senator and, later, governor of New Jersey . But his latest job as head of financial brokerage firm MF Global came to an end today. The firm failed four days ago, over $600 million in customer funds is missing, and the whole enterprise is now under investigation. Corzine has hired a prominent criminal