Today, Zerohedge posted that MF Global has admitted to commingling funds.
Shortly afterward, they posted that MF Global laid off their entire workforce. This is now confirmed.
Jon Corzine left a few days ago, and turned down any funds he was due, as he should. He is no doubt positioning his defense. Is he any worse than Madoff? I certainly don't think he is any better. Yet another political figure, in this case of the Left, shames himself.