Claim: Clinton Collected $50K Per Month From MF Global

Claim: Clinton Collected $50K Per Month From MF Global


Former president's new firm Teneo Strategy was hired to boost Corzine.

by Neil W. McCabe

12/05/2011

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A former MF Global employee accused former president William J. Clinton of collecting $50,000 per month through his Teneo advisory firm in the months before the brokerage careened towards its Halloween filing for Chapter 11 bankruptcy.

Teneo was hired by MF Global’s former CEO Jon S. Corzine to improve his image and to enhance his connections with Clinton’s political family, said the employee, who asked that his name be withheld because he feared retribution.

“They were supposed to be helping Corzine improve his image as a CEO—I guess you can tell how that went,â€