host: our guest joining us from texas, peter elkind. we're taking a look at the last days of mf global. thank you for your time, sir. guest: good to be with you. host: just to remind people, can you talk about mf global that's what it does? guest: sure. it was primarily a futures broker. it traded futures, metals, and financial futures. it was a fairly big firm in that business. the key player in business was jon corzine. the ceo of the firm. before that, it was a top guy at goldman sachs. both senator from new jersey and then governor from new jersey. host: its elevated a firm that no one had ever heard of to infamy and shattered a broken trust. can you take us through those three elements and painted picture of the larger issue of mf global, starting with mr. corzine himself? guest: sure. he was a famous man. he had run goldman sachs. and then when he was ousted after a long and successful career, he immediately went into politics. he spent an enormous amount of his own fortune to get elected to u.s. senator. he was elected governor o

fortune magazine editor peter elkind mota but mf global as part of an investigation. he answers questions about the collapse of the company. he takes your calls, a tweet, and e-mails at 9:15 a.m. on c- span's "washington journal." >> watergate was not a caper. it was about a fundamental attempt by the president of the u.s. to misused and abused the constitution, and obstruct justice, and more than anything, tried to undermine the very liqueur process. >> has been 40 years since the water. bacon -- >> if you look at it, there was not just something done that was fun or it was not just dirty tricks. it was a strategic plan aimed at giving the week is nominee -- >> watch more online at the c- span video library. >> timothy geithner said european leaders know they need major changes to sustain the euro. his comments came days before the g-20 summit in mexico schedule to start on monday. he spoke about tax cuts, sequestration, and what he sees ahead for the u.s. economy during the elections. speaking at a council on foreign relations, this is 45 minutes. >> thank you all v

host: peter elkind from "fortune magazine." you can call in and ask him questions. the number for the republican line is 202-737-0002. the number for the democrat line is 202-737-0001. the number for the independent line is 202-628-0205. you can tweet us and send us e- mails. mr. corzine invested in bonds. what happened after that? guest: what invested in was european sovereign bonds. early on they did it in a fairly small way. it was successful. he made it bigger and bigger. essentially, the have as much as $7 billion of european sovereign debt. for that size, it was enormous. it was many times the firm of's equity and capital. people inside and outside the firm got increasingly nervous. host: at that point, after the investment of the bonds, was there a tipping point? guest: there was a tipping point. what happened is that the index prices got worse and worse over time. initially when they invested in the european debt, it is almost like investing in u.s. treasurys. the counterparties did not require much in the way of margarine or collateral to accept the investm

also taking your phone calls, peter elkind of "fortune" magazine about his article on mf global. the financial firm that collects with more than $1.6 billion in customer money missing "washington journal" is live on c-span everyday at 7:00 a.m. eastern. >> have you approached book interviews differently than news reporting interviews. >> i think of the book interviews as gathering history. i think you're interviewing of interviewing when i am working for the new site. as gathering contemporary information. >> how difficult is it to remain impartial in your reporting and not get caught up in the campaigning of one campaign or another? >> i try to give people is full and understanding is what is happening in this campaign. it is not that difficult to put the biases to the site. >> how has social media change your line of work in terms of reporting and getting news and information. >> twitter is a primary news source for anyone who covers politics and anyone who pays attention to politics. twitter did not exist 12 years ago for all practical purposes. >> sunday night, purdue univers

host: peter elkind with fortune magazine talking about the last days of mf global. thank you for your time, sir. ho[captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] right now, we go to the house of representatives. the clerk: the speaker's room, washington, d.c., june 20, 2012. i hereby appoint the honorable tom mcclintock to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: the chair will receive a message. mayor lee: -- the messager: mr. speaker, a message from the senate. the speaker pro tempore: madam secretary. the secretary: i have been informed by the senate that they passed an act specifically authorizing certain funds fro intelligence or intelligence-related activities and for other purposes, in which the concurrence of the house is requested. the speaker pro tempore: the message is received. for what purpose does the gentleman from iowa seek recognition? >> mr. speaker, i present a privileged report for printing un

elkind peter wrote about the firm at 46 -- after investigating for six months.rs your questions about the company and its ceo, the former governor of new jersey. he takes your calls live at six -- 9 ko'd 15 eastern on c-span's or "washington journal. mitt romney was in new england on friday. he spoke at an event attended by tim hollen ayo kellytte -- tim pawlenty and kelly ayotte. this is just one stop on his tour of battleground states. ♪ ♪ [conversation] ♪ [conversation] ♪ ♪ [conversation] ♪ ♪ [conversation] ♪ ♪ [conversation] ♪ ♪ [conversation] ♪ [inaudible conversation] ♪ ♪ [conversation] ♪ [conversation] ♪ >> mitt romney's bus tour >> mitt romney's bus tour continues tomorrow