NEW YORK (MarketWatch) -- Regulators have discovered MF Global Holdings Ltd. shifted hundreds of millions of dollars of customer funds to its own brokerage accounts days before its bankruptcy filing on Oct. 31, the Wall Street Journal reported, citing people familiar with the matter. It's not clear whether the apparent use of customer money occurred intentionally, but about $600 million is still missing and might never be recovered, the report said. A judge on Thursday approved the transfer of $520 million in customers' cash-only accounts at MF Global. The transfer will start in about a week and represents about 60% of the $869 million held in the accounts. The rest is being retained to cover any possible shortfalls, the report added. http://www.marketwatch.com/story/60...-bookswsj-2011-11-18?link=MW_home_latest_news And might never be recovered...Bad news. I think, Mr. Corzine needs some good legal advice, it it happens to be true.