Corzine May Avoid Harshest MF Global Charges

Tickers in this article: JPM JEF GS

While Corzine's European trade is likely to have worked out in the end - given a stabilization in Europe in 2012 -- his management of the firm's risk taking has come scrutiny and is likely to be a centerpiece of House subcommittee findings. Full findings are expected to be released later this week.

In August, the New York Times reported that it's unlikely MF Global's demise will lead to a criminal case against Corzine or other key employees of the firm.

Jefferies(JEF) , an investment bank that some expected to find a similar fate to MF Global, was sold to Leucadia National (LUK) earlier this week.

--Written by Antoine Gara in New York