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Wednesday, May 2, 2012

Independent Counsel for MF Global Is Sought

Independent Counsel for MF Global Is Sought - WSJ.com

A Republican member of the House Financial Services Committee is pushing for the Justice Department to turn over its investigation of the MF Global Holdings Ltd. collapse to an independent counsel, according to people familiar with the matter.  Rep. Michael Grimm, a first-term House member from New York, circulated the letter Wednesday in an effort to get other legislators to sign on. He is working to get more signatures in coming days before turning over the letter to Attorney General Eric Holder, one of these people said.

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