MF Global Reportedly Paid Bonuses Just Before Bankruptcy

NEW YORK, NY - SEPTEMBER 21:  Former New Jersey Governor Jon Corzine (L) and wife Sharon Elghanayan attend the Opening Night Gala of New York Philharmonic sponsored by Breguet at Avery Fisher Hall at Lincoln Center for the Performing Arts on September 21, 2011 in New York City.  (Photo by Neilson Barnard/Getty Images for The Swatch Group)
Jon Corzine, since resigned. Photo: Neilson Barnard/2011 Getty Images

Employees of the commodities firm in England were awarded their quarterly bonuses last Monday, the Telegraph is reporting, just hours before the company declared bankruptcy in the U.S. The firm, which was run by ex-New Jersey governor and Goldman Sachs CEO Jon Corzine, is currently under investigation, chiefly because of the $630 million in client funds that were nowhere to be found when everything went to hell. Now some eyes are on J.P.Morgan, so everything is bound to work out.