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The court-appointed trustee overseeing the liquidation of MF Global’s brokerage now estimates that the shortfall in the firm’s customer funds could be more than $1.2 billion, double previous estimates.
Speaking at a campaign stop in Newark, the president called Corzine an "honorable man, a decent man, an honest man" who has "put the interests of hardworking New Jersey families ahead of self-interest and ahead of politics."
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