Stephen Lee Fincher: “If you were a customer of MF Global, would you accept the story that you are telling that you simply don't know where…”

This is the banking industry. Actually, it exists based on trust.

I am pleased that we are holding this timely hearing to examine what can be done to combat terrorist financing in the developing world.

You have up to 2 million separate accounts being opened, up to 565,000 bogus credit cards being opened by your employees in secret against your customers.

We must mentor and support Financial Intelligence Units in vulnerable countries that lack the rule of law.