Klobuchar, Conrad, Hoeven urge investigation into MF Global bankruptcy

December 27, 2011 at 7:43 am in Grand Forks Herald

Minnesota Sen. Amy Klobuchar and North Dakota Sens. Kent Conrad and John Hoeven are urging federal officials to investigate the MF Global bankruptcy. A total of 16 senators signed a bipartisan letter Tuesday to U.S. Attorney General Eric Holder requesting that the Department of Justice investigate if MF Global executives made illegal transactions using customer funds. The letter also urges the department to seek criminal prosecution if the investigation finds illegal activity. Continue Reading