Segregation, shmegragation

It's starting to look a little dark for Jon Corzine as the investigation into the collapse of MF Global implicates him directly in sending money from segregated client accounts into brokerage accounts.

For those readers wondering "is this a big deal?" I can answer:

Yes. It's a big deal. It's a multiple-years-in-the-slammer deal.

It seems as if reality is finally catching up with Corzine.

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