A Hoboken penthouse belonging to Jon Corzine, the former chairman of bankrupt MF Global Holdings Ltd., is on the market with a $2.9 million asking price, 11 percent less than Corzine paid in 2008.
MF Global, a New York-based futures broker, filed for bankruptcy on Oct. 31 with almost $40 billion in debt after making bets on European sovereign debt and getting margin calls. Corzine, a former governor of New Jersey and co-chairman of Goldman Sachs Group Inc., has been summoned to testify to Congress on Feb. 2 about MF Global’s failure.
45 injured after 33rd Street PATH train crashes into station platform in Hoboken
At least 70 people were on the train at the time that it struck the bumper block at the end of the platform throwing the people inside.
First responders set up a triage outside Hoboken Terminal to treat passengers suffering from neck and back injuries and lacerations. Passengers sitting in the front of the train absorbed the brunt of the impact, with several suffering broken noses.
PATH has suspended service into and out of the station until further notice.
Port Authority Spokesman John Kelly told FOX News Channel the train’s conductor “mistakenly went too far at the end of the Hoboken line and bumped into a wall.”
The NJ state attorney general has sued Stevens Institute of Technology and its president, Harold J. Raveché, accusing him of plundering the endowment and receiving $1.8 million in illegal low-interest loans for vacation homes, with half of them later forgiven.
The institute’s trustees tripled Dr. Raveché’s salary over a decade, to $1.1 million last year, higher than presidential salaries at Harvard, M.I.T. and Princeton.