s, tht is jon corzine's, direct instruction. that seems to be at odds what corzine suggested just last year when he testified on capitol hill. take a listen to how he characterized all this last year before congress. >> let me be clear. the last few days of mf global were chaotic. i did not instruct anyone to lend customers to mf global or any of its affiliates, nor was i told that anyone had done so. >> now, brian, as you know, a lot of nuance here and a lot will depend on the context of e-mails, what the legality of these were and who issued what orders to whom at what time in final days. still a lot we don't know. but that e-mail is pretty dramatic, and it's much different than what we heard before about corzine's role in those final days, brian. >> thank you very much, eamon javers. >> you bet. >> let's dig into the legal implications for jon corzine and mf global. we have a lawyer that heads up the white collar crimes group. it is against federal law to comingle firm money and customer money if this e-mail turns out to be a

one of seven investigations and multiple lawsuits facing jon corzine. shannon?n: mike emanuel live on capitol hill. thank you, mike. >> obamacare makes the last stand. all-star give us their thoughts on the final day of the supreme court hearing next. i'm freaking out man, he's on my back about providing for his little girl. hey don't worry, e-trade's got a totally new investing dashboard. everything's on one page. i'm watching you. oh yeah? well i'm watching you, watching him. [ male announcer ] try the new 360 investing dashboard at e-trade. chocolate lemonade ? susie's lemonade... the movie. or... we make it pink ! with these 4g lte tablets, you can do business at lightning-fast spes. we'll take all the strawberries, dave. you got it, kid. we have a winner. we're definitely gonna need another one. small sinesses that want to grow use 4g lte technology from verizon. i wonder how she does it. that's why she's the boss. because the small business with the best tecology rules. contact the verizon center for customers with disabilities at 1-800-974-6006. [ male an

will jon corzine be the first? >> could be scapegoated. i think he'll wiggle out no matter how bad it looks now. >> because this e-mail, the worst evidence they have? is that good news or, for him or -- >> unless they're holding something back. if this is the smoking gun, the smoke is pretty hazy. >> thank you very much. mark, we appreciate the perspective. as think investigation continues, the house financial services committee of jon corzine. >>> other breaking news story tonight literally at this moment, supporters gather for a candlelight vigil for teen shooting victim trayvon martin. the vigil begins as we speak. continuing to demand the arrest of neighborhood watch man george zimmerman. he claims he shot the teen in self-defense. the teen's death sparked rallies across country. for the first time today president obama weighed in. >> my main message is to the parents of trayvon martin. you know, if i had a son he'd look like trayvon, and, you know, i think they are right to expect that all of us as americans are going to take this wit

more details on jon corzine's involvement. i want to quickly read a section.iquidity stress that mf global was operating under, this was back last october when they faced this ultimately mortal crash crunch, jpm sought to validate the appropriateness of a money transfer. mr. corzine was called directly to make sure the funds were excess funds that belonged to mf global and not customer funds. it seems here according to the memo that mr. corzine assured jpmorgan that they were. we called jpmorgan and they're declining to comment. but the fact that the chief risk officer at this bank was concerned about this before it even happened tells you the stakes are very, very high. >> thank you very much, kate. we'll be watching for more developments there and next week will be an important week to watch as this broke so late in the day. earlier this week there were concerns about whether apple's new ipad got too handle to handle literally, but now those concerns have cooled down there's a new issue. jon fortt is with me with more. despite the fact that the ipad's batter

jon corzine has testified he doesn't know where the money went. more than 250 m.f. customers have teamed up to get their money back, and they're hoping congress can uncover the smoking gun. diane eastabrook reports. >> reporter: for the past six months, the m.f. global scandal has consumed john roe's life. the veteran trader founded the commodity customer coalition last fall to help m.f. global customers like himself recover their missing money. roe hopes tomorrow's hearing before the house financial services committee will determine if m.f. global committed fraud. >> what we want to do is we want to establish that there was either general criminal intent or there was intent after the fact, that someone did something and then covered it up because they knew they had committed a crime or broken a rule. >> reporter: an email suggests former c.e.o. john corzine directed some customer money into a company account at j.p. morgan chase to cover a shortfall. at the time, j.p. morgan asked for assurances the moneyas m.f. global's to use. roe wants the subcommittee to questi

being jon corzine.ve talked a lot about the mf global organization and nobody linked to the financial crisis has gone to jail. does this mean that john core zion could go to jail? we'll talk to an expert on that. this could be a huge development in the case of jon corzine. >> i was going to say, i may be wrong, but didn't jon corzine deny this repeatedly when talking to congress that he ever took segregated funds, that is, funds that belonged to the stockholders and moved them anywhere. >> that's right. he said he had never done any such thing. this e-mail is from his treasurer, quote, per j.c.'s instructions. we're going to find out because as i said this really could be very significant for the normal new jersey senator and governor jon corzine. >> and i know you're covering the trayvon martin story as well. we'll see you at the top of the hour. thanks. >>> then after the break things could get a whole lot more exciting. we'll explain in our moment you missed. we always hear about jobs leaving america

after months of digging, there might be evidence showing that jon corzine lied under oath. we'll be right back.  . >> he's raising new questions about the penn state sex abuse scandal and the university's failure to stop the former assistant coach jerry sandusky. nbc news reports in 1998, a psychologist raised a red flag about sandusky saying he displayed likely pedophile patterns and the assessment is from a campus police report involving inappropriate contact between sandusky and one of the 10 victims accusing him of sexual abuse. he was never charged in that because the second psychologist concluded he didn't assault the boy nor do his actions fit a profile of the pedophile. he faces more than 50 counts of sex abuse and is waiting trial. >>> a former executive seems to be contradicting statements made by the former governor of new jersey how the firm chanced. edith o'brien was the assistant pressurer of mf global before it went belly up in october, the firm run by governor jon corzine. she inside an e-mail he ordered $200 million to be transferred out of the c

what was significant about the gentleman calling jon corzine? >> i think in the context, this would be that the company had just been downgraded to junk. officer of the entire firm would have concerns about the company there would be issues such as a large overdraft in the count. this would be something that would be an ordinary step for a company in some distress. >> was about this time that you dispatched your team to go over and have a presence at -- refresh my memory. when was your team dispatched to go over to mf global? >> within two mf global on friday, october 28, and it was to help them see if we could do things to help them raise the liquidity. that was on friday, october 28. >> is that the same day they cover the overdraft? >> that is the same day that they cover the overdraft. >> i think one of the things you said is dead to alert was placed on this company, so you're looking at things to make sure they are appropriate. someone was approving those transfers at j.p. morgan and your own debit alert -- >> i would like to clarify what th

many of the questions focused on the former head, jon corzine. former new jersey governor and former new jersey senator and lawmakers say they want to know who knew what in the doomed company's final days but they had a hard time finding many answers. >> on the advice of counsel i respectfully decline to answer based on my constitutional rights. >> we are disappointd that you have chose ton do that. do you intend to invoke your fifth amendment right as to any question that the panel may ask you on this subject today? >> shepard: another former worker was willing to talk. with the one witness refusing to answer questions they may not be surprised but they must be frustrated in some way? >> shep, absolutely. ms global is the 8th largest bankruptcy in u.s. history. lawmakers had a lot of questions. didn't feel like they got a lot of answers. here is a massachusetts lawmaker on that. >> here is your concern. the people sitting next to you. >> jon corzine did not testify today. the former ceo and former governor of new jersey. this is one in several i

on this question of performance and reward and the bailout, i don't know anyone except for maybe jon corzine and a few others on wall street who are happy with what had begun in 2008. i know president obama wasn't. this was recognized by all as a massive deviation from what capitalism should all be about done under necessity, and i don't think anyone, conservative or liberal would cry that much to say that those people morally should never have been bailed out and were only bailed out because it was said to be necessary. it's something that you do when you hold your nose. on the other hand, here's the point, we've held our nose and done it, and we know that in that sector, i think the profits that people make have very little claim morally to our affirmation. if you could just tax them, the people in that field and that's part of the 1%, and everyone would be happy and gee, that's not the whole 1%. why do the people, and the progressives always mention that where there's no performance and reward. most of the 1%, there is a connection between performance and reward. what do we do? how many d

have you heard from jon corzine recently? >> i haven't spoken with him recently. i'm not the right guy to ask. like i say, i like jon, i respect him, and i've known him for years. even though we lost a few bucks if we have lost it indeed, you know, i'm not here to criticize jon. you know, i'm not going to be brought into that because i really don't know. >> let me get your take on some of the other areas. commercial example. i wonder if the rally is over for some of these metal companies and the whole mining space that's been so hot for so long? where are we as we hear china is slowing down and perhaps the low hanging fruit has been picked? >> yeah. look. i think the low-hanging fruit is has been picked in the market. in other words, you've had this huge rally, a rally because there's so much capital around. i think bernanke did great job of bringing us out of '08. but think now on a global basis, i just wonder how much -- how much can you just keep getting for printing money as you do in europe and here. basically that's what you're doing. up to a point, you do it

the paper reports the money was in fact customer money transformed to the firm's account and then jon corzineoved. a criminal defense lawyer came outfront friday on this breaking news. he said this e-mail will not clear corzine since all the facts aren't out. >>> exports to china passed $100 billion for the first time. we get an exclusive look at a report which found the u.s. exported nearly $104 billion to china last year. that's up 540%. from $16 billion in the year 2000. by comparison, u.s. imports from china have surged as well, up 300% from $100 billion to $400 billion. the gap is narrowing but it's still huge. california, washington and texas are the top american exporters to china. >>> it's been 235 days since the u.s. lost its top credit rating. what are we doing to get it back? fed chair ben bernanke said today the u.s. job market is still weak, despite recent improvement, and we learned today that pending home sales fell slightly in february by half a percent. >>> we have new details tonight in the shooting death of 17-year-old trayvon martin. according to police, a violent fight be

treasurer of mf global, says, this was per jc -- jon corzine's direct instructions. >> well, we don't know if they were client moneys that corzine knew they were, because the account also contained funds which could have been transferred out properly. and apparently corzine and the fund never represented that they were client funds. >> so do you think there's room to dance around here? >> it looks bad at first blush, but it's not open and shut. >> and they continue to investigate this. >> that's the bigger problem if he lied previously to congress, he's in a whole heap of trouble, more than anything he would have done in terms of the underlying conduct. >> what is your take on where this eventually goes? there's been a lot of talk, biggest bankruptcy since lehman brothers, no financial executive or anyone linked to the financial crisis has gone to jail. including countryside's ceo. charges dropped. >> he could be scapegoated but i think he'll wiggle it out of it. >> is this good news for him? >> if this is the smoking gun, the smoke is hazy. >> thank you very much, mark, appreciate it

. >>> there is breaking news tonight that is rocking the financial world that concerned jon corzine, former governor and u.s. senator from new jersey and the former chief executive officer of the now defunct firm mf global. according to a memo released today, another executive claims days before the firm collapsed last fall, corzine issued direct instructions to transfer $200 million from customer accounts to a brokerage account to cover a shortfall of funds. it's an allegation corzine has denied under oath. it's the latest piece in a complicated search for over $1 billion of customer money that is now just gone. >> while big ben has never really been his name, he may be renamed in honor of queen of england and in celebration of her diamond jubilee. the tower beside westminster bridge is officially called the clock tower. some members of parliament want to rename it in honor of queen elizabeth, but even they know it's always really going to be big ben. >>> when we come back, the movie that had millions up all night. >>> finally tonight, here's the next big one, "the hunger games" has

well now ms global ceo jon corzine may have some explaining to do. potentially explosive e-mails telling a very different story. >> heather: and plus they say, timing is everything and why the united states and israel are looking at different clocks apparently when it comes to iran's nuclear program. former ambassador to the united nations john bolton joins us live. >> gregg: still ahead, honoring the fallen, how one church is paying special tribute to those that paid the ultimate price to keep all of us safe. bayer aspirin... ohh, no no no. i'm not having a heart attack, it's my head. this is made for pain. [ male announcer ] bayer advanced aspirin enters the bloodstream fast, and rushes extra strength relief to the sight of your pain. feel better? yeah...thanks for the tip! mushroom smothered beef burgers. hearty chicken and noodle casserole. so easy, you just need campbell's cream of mushroom soup to make them and a hungry family to love them. campbell's. it's amazing what soup can do. here's a chance to create jobs in america. oil sands projects,

jon corzine told lawmakers m.f. global assistant treasurer edith o'brien would know. today, she declined to ansr. >> on the advice of counsel, i respectfully decline to answer based on my constitutional rights. >> susie: o'brien was dismissed, tom, but lawmakers continued questioning some of her higher- ups to little avail, leaving one representative to say, "apparently, no one did anything wrong, but there's a billion dollars missing." tom: continue, and in the market, the financial sector was one of those limiting the losses as we saw today. take a look at nighs market focus. we saw stocks continue to pull back as commodity prices push down some of the key stock sectors. except for a short time right after the open this morning, the s&p 500 spent the session in the red. looking at the index this year, the weakness we've seen over the past week has not changed its upward slopping trend, a series of higher highs and higher lows so far. sectors most closely tied to commodity prices saw the brunt of the selling. the materials sector fell 1.5%. energy and industrials wer

but as of right now, you know, jon corzine does not look -- does not look, i haven't seen everything to sort of game plan this -- does not look like he's culpable for this chunk of the missing customer money, and he still seems to have an out here. megyn: we will watch on wednesday. charlie, thank you. >> reporter: okay. megyn: well, a caught-on-tape moment. what president obama has folks wondering what plans the president is keeping secret until after the election. we'll debate after this break. >>> plus, a man tasered, handcuffed and dragged face down. we'll show you what happened as people start asking if police did something wrong here. >>> and before the high court gets to hear the heart of the president's health care law tomorrow, the justices had to hash out a procedural matter on whether they would even move forward on this case or whether they should punt the whole thing until after the presidential election. what are they likely to do? fair and balanced debate coming up. >> not once is unconstitutional. >> we love ok! who gets occasional constipation, diarrhea, gas or bloat

corzi corzine, jon corzine, former senator of new jersey was the ceo of the company at the time.ongress and he testified at least three times in three different congressional hearings under oath saying he had no knowledge of transferring some of these customer funds. we have some tape that we can go back and play for you now. >> i never directed anyone at mf global to miss use customer funds. i never intended to and as far as i'm concerned i never gave instructions that anyone could misconstrue. >> now hear is the issue, wolf, there is a woman named edith o'brien. she was a treasurer at mf global and she said that there was an e-mail from october 28th and this is a direct quote, per jai j.c.'s direct instructions, she's referring to john corzine and that those instructions were to transfer $200 million from a segregated customer account, this is customer money we're talking about to j.p. morgan in london to cover mf global's losses and this would be huge because for one there's always been the question of exactly how did this money from mf global, the customer money, how did it g

what was significant about him calling jon corzine and telling him he was overdrawn? >> in the context, in the context of the fact that the company was downgraded to junk, mr.wrote --zubro would have concerns about the company. it would be his normal practice if there were issues such as a large overdrafts in the account. he would call the most senior person that he knew. this would be something that would be actually an ordinary step for accompany that was in some distress. >> was it this time you dispatched your team to go over and have a presence? when did you dispatch your team to go over to mf global? >> we went to mf global friday, october 28th. it was to help them see if we could do things to help them raise liquidity. >> that was which they? >> friday october 28th. >> is that the same day? >> it was the same day they covered the overdraft. >> one of the things you said is dead but other was placed on this company. you are looking at deposits to make sure everything is the appropriate. someone was approving those transfers in j. p. morgan if you are on -- alert

. >>> there is breaking news tonight that is rocking the financial world that concerned jon corzine,governor from new jersey and the chief executive officer of the now defunkt term uf global. another executive claims days before the firm collapsed last fall, he issued direct instructions to tranlsfer $200 million from direct accounts to cover funds. he's an allegation he denied under oath. it's the latest piece in a complicated search for over $100 million in customer money that is gone. >> while big ben has never really been his name, he may be renamed in celebration of the queen of england. it's called the clock tower. some members of parliament want to rename it in honor of queen e elizabe elizabeth, but even they know it's also going to be big ben. >> when we come back, the movie that had millions up all night. do about medicare and social security... security. that's what matters to me... that had millions up all night. years washington's been talking at us, but they never really listen... listen...it's not just some line item on a budget; it's what i'll have to live on... i liv

. >> so will is some indication via e-mail exchange that jon corzine did know or did authorize a transaction not necessarily indicating how much he knew that was happening in those final day, but what are the every implications for mr. corzine as we move forward? >> they could be very serious. no one being indicted, no one being convicted, but the bottom lean is if miss o'brien does essentially work at the level of the department of justice, no longer takes the fifth, gets immunity and tells everyone what happened, and if we learn that mr. corzine was actively involved in the transferring of the customer funds, $1.6 billion was missing, mr. corzine may have a tough day. he is essentially the big wheel in this. >> i'm wondering what's happened to counterparties now. are they getting their money back that's been lock up for months or not? >> it's interesting. no one knows yet if they're getting their money back. what is interesting is that there's a secondary market. there are claims for up to 80% a dollar. so there is a resumption that the money will be paid back if not in full, a substantial

john karzai and authorize the money to be transferred out of clients' accounts -- jon corzine. the bloomberg maryland index lower on losses for under armour. fans are eager to head to camden yards. orioles tickets for opening day are going for an average $111 each. that is much higher than last year, 7 $$73. >> 6:20. if you travel along the b-w parkway, there may be some delays. sarah will have details. >> the luck of the irish was not with the lady terps. keith mills will have highlights. >> here is a look at last night's winning maryland lottery numbers. no mega millions winner. ♪ beth! hi! looking good. you've lost some weight. thanks. you noticed. these clothes are too big, so i'm donating them. how'd you do it? eating right -- whole grain. [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multi-grain cheerios -- 5 whole grains, 110 calories. creamy, dreamy peanut butter taste in a tempting new cereal. mmm! [ female announcer ] new multi-grain cheerios peanut butter. >> now traffic pulse 11 and insta-weather plus together. >> g

this past week we learned that ceo jon corzine likely wasn't the innocent bystander he claimed to be in front of this committee back in the summer. yet for all the rhetoric we hear from the obama administration about holding people accountable, this administration sure has a way of climbing up when the people in question is a former democrat senator and governor. i hate to sound like a cynical, sound cynical, but i can't help but think that the quote power and influence closed quote, as president obama may call, that someone like jon corzine kerry, is exempt from a thorough investigation by the department of justice. the victims of mf global deserve their money back, but they also deserve to know what happened to it. this hearing and our continued investigation is of extreme importance, and i yield and i yield back the balance of my time. >> i thank the gentleman. now the gentleman from california, mr. royce, is recognized for a minute and a half. >> thank you, mr. chairman. the clear problem that arose here, the clear problem that made bankruptcy the only option for mf global was th

. >>> seconds away, did jon corzine lie to congress when he said he didn't know where the money went?l over that story. some say the president evading the real situation of oil reverses, while oil spikes to 10

jon corzine the former governor head of mf global kind of mia in all of this. >> what congress statedut no bonuses they may not have the wait of t weight of the loss. more people are buying suv's. they are buying smaller suv's. >> kind of like high gas prices does it make a difference? it is a record setting month for autos. small suv's as well as hot cars for march. the number is 14 and a half million. >> as a mom myself i have to say all of that stuff you have from the back. lauren simonetti. a woman hands a homeless man her lottery ticket and he of course hits the jackpot. now she is back for a slice of the pie. the question is, is it legal? then there's this. stop from striking it rich? small person american towns are discovering oil gold mines. their land the feds are saying hands off. this is our oil. therefore our money. we have a decision to make her. we will report, you decide. before we go let's take a quick look at today's prices at the pump. they are moving even higher to 3.91 a gallon. that's average regular gasoline let alone the fancy stuff. simonettisimonetti. >> gluoo