Friends of MF Global's Edith O'Brien: 'She's Being Set Up As A Patsy' - Business Insider
Friends are rallying around Edith O'Brien, the former MF Global treasurer accused by Jon Corzine of having approved the transfer of customer funds to cover an overdraft on a London trading desk.
According to Crain's Chicago Business reporter Lynne Marek, O'Brien is being described by people who know her "as a careful professional more likely duped than devious."
"People are intuitively of the opinion that she has done little, if anything, wrong and that she is being set up as a patsy,” an anonymous O'Briend friend and colleague of more than a decade told Marek.
A lawyer for Jon Corzine again fingered Edith O'Brien Friday as the person responsible for approving the transfer of customer funds to cover a margin call on a London trading desk, the New York Times reports.