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US agency sues Corzine over failure of MF Global

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WASHINGTON (AP) — Jon Corzine once saw a boutique brokerage called MF Global as his best hope to rescale the heights of Wall Street he'd once occupied as head of Goldman Sachs. Now, MF Global is bankrupt. And Corzine faces a lifetime ban from the futures industry. On Thursday, federal regulators sued Corzine, a onetime U.S. senator and governor of New Jersey. They allege that he was responsible...

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