Corzine Made $8.5M In 2011 Before MF Global Collapsed

Law360, New York (May 21, 2012, 7:55 PM EDT) -- Jon Corzine received nearly $8.5 million in compensation last year as CEO of MF Global Holdings Ltd. before stepping down as the firm spiraled into bankruptcy, according to court papers filed Friday by the trustee charged with liquidating the company's estate.

Corzine, a former governor of New Jersey, took home about $3.1 million in pay, including a $1.3 million bonus, and was given $5.4 million in stock options, the statement of financial affairs said. Trustee Louis Freeh filed the paperwork Friday after being granted an extension...
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