Corzine Revisits Congress In Uncomfortable Role - Newschannel 6 Now | Wichita Falls, TX

Corzine Revisits Congress In Uncomfortable Role

WASHINGTON (AP) - After once walking proudly in Congress as a U.S. senator, Jon Corzine returns to Capitol Hill today in a humbled and humiliating role: a star witness likely to invoke the Fifth Amendment.

Corzine has been subpoenaed to explain how MF Global collapsed into the eighth-largest bankruptcy in U.S. history and why an estimated $1.2 billion in client money is missing.

It's the first time in more than 100 years that Congress has subpoenaed a former senator to testify, according to Senate historian Don Ritchie.

The former New Jersey senator and governor may offer a statement at the House Agriculture Committee hearing. But he'll likely decline to answer potentially damaging questions by invoking his Fifth Amendment right against self-incrimination. Otherwise, anything he might say could be used against him in a courtroom, should there ever be criminal charges.

  • News HeadlinesNewsMore>>

  • Congressman Thornberry: 'no excuse' for separating children from parents

    Congressman Thornberry: 'no excuse' for separating children from parents

    Tuesday, June 19 2018 12:11 PM EDT2018-06-19 16:11:08 GMT
    Representative Mac Thornberry says there is no excuse for separating children from their parents in reference to recent events at the U.S. Mexico border. (Source: Mac Thornberry's Office)Representative Mac Thornberry says there is no excuse for separating children from their parents in reference to recent events at the U.S. Mexico border. (Source: Mac Thornberry's Office)
    Representative Mac Thornberry says there is no excuse for separating children from their parents in reference to recent events at the U.S. Mexico border. (Source: Mac Thornberry's Office)Representative Mac Thornberry says there is no excuse for separating children from their parents in reference to recent events at the U.S. Mexico border. (Source: Mac Thornberry's Office)

    U.S. Congressman Mac Thornberry released a statement on Tuesday morning in light of recent events at the U.S. Mexico border.  

    U.S. Congressman Mac Thornberry released a statement on Tuesday morning in light of recent events at the U.S. Mexico border.  

  • Trapper saves gator from python's deadly embrace

    Trapper saves gator from python's deadly embrace

    Tuesday, June 19 2018 11:34 AM EDT2018-06-19 15:34:27 GMT
    Tuesday, June 19 2018 12:07 PM EDT2018-06-19 16:07:35 GMT

    A video shows the trapper grabbing a 10-foot python by the head and pulling it and the gator out of the water.

    A video shows the trapper grabbing a 10-foot python by the head and pulling it and the gator out of the water.

  • Fewer teens having sex and using drugs, CDC says

    Fewer teens having sex and using drugs, CDC says

    Tuesday, June 19 2018 11:32 AM EDT2018-06-19 15:32:41 GMT
    Tuesday, June 19 2018 11:32 AM EDT2018-06-19 15:32:41 GMT
    Students who reported having sex dropped from 47.8 percent in 2007 to 39.5 percent in 2017. (Source: CNN)Students who reported having sex dropped from 47.8 percent in 2007 to 39.5 percent in 2017. (Source: CNN)

    Students who reported having sex dropped from 47.8 percent in 2007 to 39.5 percent in 2017.

    Students who reported having sex dropped from 47.8 percent in 2007 to 39.5 percent in 2017.

Powered by Frankly