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MF Global, the securities firm headed by former Governor Jon Corzine, has filed for bankruptcy. It's 1,000 employees have been laid off

Flashback: Biden said Obama admin called Jon Corzine for advice



MF Global, the securities firm headed by former Governor Jon Corzine, has filed for bankruptcy. It's 1,000 employees have been laid off, and it is under investigation by the FBI and federal regulators because $600 million of client funds have disappeared.

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Guess who the Obama administration called for advice about the economy immediately upon taking office. Yep, Jon Corzine. Explains a lot. You just can’t make up stuff like this. Catch this video of Joe Biden campaigning for Gov. Jon Corzine in 2009.

Flashback: Biden said Obama admin called Jon Corzine for advice



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