you showed the clip from terry duffy, chicago mercantile exchange. that was the smoking gun. that suggested they know something. there is more there than meets the eye. there is an investigation. you've got the justice department and f.b.i. involved. sec is interested in this. hopefully whether when it's concluded we'll know more about this. clearly there is a lot more. >> greta: the ceo, the cfo, the coo, three top guys. $1.2 billion, it doesn't seem quite aig deal. it is huge. do think have no explanation? >> they didn't. is the thing that is absolutely infuriating when you try to get these answers. $1.2 billion. you the money can't disappear like that. their responses, they don't know where it is, there is investigation underway but clearly between wednesday and friday when this occurred and the company went into collapse, something very untoward happen. >> greta: and it looks like activity the last couple of days when they knew the jig was up and there was a lot of activity then. it was like a bad vegas bet and they went to segregated accounts and try to establish themsel

group, terry duffy, told lawmakers later he believes corzine knew about at least one transfer of customer money-- a $175 million loan to a european affiliate. >> susie: despite all the hoopla this holiday season, retail sales were subdued in november. they rose only two tenths of a percent, much less than analysts were expecting and well below the gains in october. erika miller takes a closer look at what this could mean for the nation's retailers. >> reporter: even frigid temperatures couldn't deter these madison avenue shoppers from waiting to get into stores today. but plenty of others are opting to shop from the comfort of home. this is the heaviest week of the year for online shopping, thanks partly to "free shipping day" on friday. retail forecaster craig johnson expects 11 cents of every dollar will be spent online this holiday season. >> e-commerce is having another bang-up year. it's going to be up somewhere between 13% to 16%, year over year. >> reporter: if you are wondering which retail categories are likely to be winners this holiday season, you can bet on apparel and electro

cme group chairman terry duffy told house lawmakers about evidence that former m.f. global c.e.o. jon corzine may have known about a loan made with customer funds in the days before the firm's bankruptcy. but corzine stuck to his story that he didn't know about any misuse of customer funds. as darren gersh reports, some attorneys believe him. >> reporter: jon corzine's response to allegations he knew customer funds were transferred to m.f. global's affiliate companies was categorical. >> i don't know how to respond to something that somebody said to somebody else to somebody else that is unidentified and i can't speak to. i do know that i never authorized anyone to use customer funds to make a loan or a transfer of funds. i never intended to, nor do i think i said anything that could have been construed to do that. cme group c.e.o. terrence duffy said earlier this week an auditor heard one employee say corzine knew a loan had been made from customer accounts. corzine said money may have been transferred to clear up an overdraft at j.p. morgan. but he insisted the transaction was a

terry duffy, welcome. >> members of the committee. i am terry duffy, let me start by saying the actions of mf global have put a lot of market users in a tragic position. our efforts with respect to the unprecedented loss of customer segregated funds caused by mf global is to assist these customers. my testimony summarizes efforts from our staff who were on site at mf global along with the cftc in the days immediately preceding its bankruptcy. my written testimony expands on the statement includes substantial background material. so -- by the middle of the week they announced poor warning to cut earnings, sparking rumors that it was going to sell the brokerage business. cme was the designated regulatory organization with irresponsibility for auditing the futures business. on thursday, october 27, 2 of our auditors what to the chicago office of mf global to review the daily segregation report for the close of business on wednesday october 26. it was not available until thursday but showed full compliance. we asked for the material neces

. >> reporter: that witness, terry duffy, will also be testifying again today as will officials fromexchange commission and the federal reserve bank of new york, jon corzine, round three in the congressional witness chair less than an hour from now. jon? jon: that's going to be interesting to watch. james rosen, thank you. jenna: new information raising more questions about operation fast and furious. do new documents show a political agenda behind the botched gun-running sting? lawmakers putting that question to attorney general eric holder. his response is just ahead. okay, team! after age 40, we can start losing muscle -- 8% every 10 years. wow. wow. but you can help fight muscle loss with exercise and ensure muscle health. i've got revigor. what's revigor? it's the amino acid metabolite, hmb to help rebuild muscle and strength naturally lost over time. [ female announcer ] ensure muscle health has revigor and protein to help protect, preserve, and promote muscle health. keeps you from getting soft. [ major nutrition ] ensure. nutrition in charge! ♪ ♪ [ male announcer ] everyone d