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Muck tracker - Corzine resigns

By Laurie Bennett

November 4, 2011 at 9:58am

Jon Corzine has resigned as chairman and CEO of MF Global, the company announced Friday.

“I have voluntarily offered my resignation to the Board of Directors of MF Global,” Corzine said in a separate statement. “This was a difficult decision, but one that I believe is best for the firm and its stakeholders.”

Corzine, who served as a U.S. senator and governor of New Jersey before joining the firm, said he felt “great sadness for what has transpired at MF Global and the impact it has had on the firm’s clients, employees and many others.”

“I intend to continue to assist the Company and its Board in their efforts to respond to regulatory inquiries and issues related to the disposition of the firm’s assets,” he said.

Dealbook reports that Corzine has hired defense lawyer Andrew J. Levander.

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