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WASHINGTON (AP) -- A congressional panel has voted to subpoena former Sen. Jon Corzine to testify next Thursday about his role leading MF Global, a brokerage firm that collapsed this fall after a disastrous bet on European debt.
The hearing will be a rare moment in Washington. Congressional historians had to reach back to 1908, when a former senator from North Carolina was called to testify in connection with a corporate lobbying scandal, to find a similar instance of an ex-member of Congress being summoned by his former peers.
http://hosted.ap.org/dynamic/stories/U/ ... 2-11-05-22
Jon Stevens Corzine (born January 1, 1947) is the former CEO of Goldman Sachs[2] and of MF Global, and a one time American politician, who served as the 54th Governor of New Jersey from 2006 to 2010. A Democrat, Corzine served five years of a six-year U.S. Senate term representing New Jersey before being elected Governor in 2005. He was defeated for re-election in 2009 by Republican Chris Christie.[3] In March 2010, Corzine was named chairman and CEO of MF Global Inc., a financial services firm specializing in futures brokerage that filed for bankruptcy protection in October 2011.[4][5]
http://en.wikipedia.org/wiki/Jon_Corzine
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