Topic: Jon Corzine

A historical clip of Vice President Joe Biden praising Jon Corzine is played, highlighting the administration's close ties to the disgraced MF Global CEO. In the clip, Biden credits Corzine with helping design the national economic recovery plan. The hosts contrast this praise with Corzine's subsequent involvement in the loss of over $1 billion in customer funds.

Former MF Global CEO Jon Corzine prepares to testify regarding the disappearance of approximately $1.2 billion in customer funds. The missing money primarily belonged to farmers and ranchers using futures contracts for cattle and commodities. Speculation suggests Corzine may invoke the Fifth Amendment to avoid self-incrimination during the hearing.