WASHINGTON (Reuters) – Top-ranking executives at MF Global will tell lawmakers on Tuesday that they do not know what happened to hundreds of millions of dollars in missing customer funds, echoing what their former colleague Jon Corzine told Congress last week.
MF Global Chief Operating Officer Bradley Abelow and Chief Financial Officer Henri Steenkamp are due to testify on Tuesday alongside Corzine, who resigned last month after the brokerage filed for bankruptcy.
In prepared testimony to the Senate Agriculture Committee, both executives paint a picture of a chaotic final descent into insolvency.
Full story: MF Global execs say don’t know where the money is – Yahoo! Finance.