Allegation: MF’s Corzine Ordered Funds Moved to JP Morgan

By Phil Mattingly and Silla Brush

Jon S. Corzine, MF Global Holding Ltd. (MFGLQ)’s chief executive officer, gave “direct instructions” to transfer $200 million from a customer fund account to meet an overdraft in a brokerage account with JPMorgan Chase & Co. (JPM), according to a memo written by congressional investigators.

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