The Week in Words: On a missing $1.2 billion and global financial markets …
Posted By Admin on January 21, 2012
I simply do not know where the money is, or why the accounts have not been reconciled to date. I apologize, both personally and on behalf of the company, to our customers, our employees and our investors. I truly know that they are bearing the brunt [of the collapse].
– Jon Corzine, head of MF Global Holdings Ltd., telling lawmakers in Washington he does not know what happened to a missing $1.2 billion.
Germany is the unquestioned leader of Europe. France is definitely subordinate to Germany, and Britain has less influence than at any time I can recall.
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