Dean Tofteland blasted the now-defunct commodities firm MF Global in front of a Senate Ag committee Tuesday morning. The Star Tribune reports that the Luverne farmer didn't mince words when it came to how he felt about having more than $250,000 of his money frozen. More than $1 billion of MF Global's assets are unaccounted for.
Klobuchar votes to subpoena former MF Global CEO
Democratic Sen. Amy Klobuchar has voted to give the Senate Agriculture Committee the authority to subpoena the former top executive to testify. Minnesota farmers and agriculture businesses saw critical financial accounts frozen and now worry they may be out serious cash following the collapse of the commodities trading firm. Klobuchar says those responsible should be held accountable.