Nov. 18 (UPI) -- Former New Jersey governor Jon Corzine's failed brokerage firm, MF Global, was ordered Monday by a U.S. district court to pay $1.2 billion back to its customers after misusing client funds.
MF Global filed for bankruptcy in 2011, and it is the largest Wall Street collapse since Lehman Brothers' 2008 fall. The fine is a full restitution of more than $1 billion in funds taken out of clients' accounts to cover up failed company bets on European sovereign debt.