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Former New Jersey Gov. Jon Corzine has headed MF Global Holdings Ltd. since early last year. (Associated Press)

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Lillian Wells, 60, in the dining room of her Covington, Ga., home, lost $122,000 and is facing foreclosure after investing in Ephren Taylor's company, which has been described as a Ponzi scheme that he ran in at least five states. (Associated Press)

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A trader watches the numbers as he works on the floor of the New York Stock Exchange on Oct. 31, 2011. (Associated Press)

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A runner carries a Marine Corps flag as the race breaks in to a spot of sun during the 36th Marine Corps Marathon in Arlington, Va. on Oct. 30, 2011. (T.J. Kirkpatrick/ The Washington Times)

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Lawyer David W. Wilmot is the director of AutoPark Inc., a parking lot company he founded in 1986. Whether he still has a business license to operate in the District has been questioned and is being investigated. (The Washington Times)

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Joint Select Committee on Deficit Reduction co-chairmen Sen. Patty Murray, Washington Democrat, and Rep. Jeb Hensarling, Texas Republican, are being pressed "to stabilize our debt as a share of the economy and assure America's fiscal well-being." (Associated Press)

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NCAA Division I Board of Directors passed a number of sweeping measures Thursday, Oct. 27, 2011, most notably allowing conferences to vote on providing up to $2,000 in spending money to college athletes. NCAA President Mark Emmert is shown above. (PRNewsFoto/Knight Commission on Intercollegiate Athletics, Lisa Helfert)

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Bank of America customers use ATMs in New York. (Associated Press)

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The special operations team Col. Bowers personally selected all signed a flag, which he carried on the mission, along with a piece of World Trade Center steel. (Army Special Operations Command)

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Republican presidential candidate Gary E. Johnson vows to submit a balanced budget his first year in the White House, a budget he said would amount to a 43 percent spending cut. (Rod Lamkey Jr./The Washington Times)

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Screens show graphs of stocks on the uptick at the Athens Stock Exchange on Thursday after a new European debt relief deal was hailed by embattled Socialist government as a major breakthrough. In the U.S., the Dow Jones industrial average gained 339 points, closing above 12,000 for the first time in nearly three months. (Associated Press)

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Specialist James Denaro, right, directs trading at his post on the floor of the New York Stock Exchange Thursday, Oct. 27, 2011. (AP Photo/Richard Drew)

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Webcams will be switched on Friday during a ceremony to commemorate the 125th birthday of the Statue of Liberty. "This is not your dad's picture of the Statue of Liberty," said Brian Cury (right), the founder of EarthCam. The New Jersey-based company donated the high-tech cameras, which will be activated continuously for Internet users around the world. (Associated Press)

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Webcams will be switched on Friday during a ceremony to commemorate the 125th birthday of the Statue of Liberty. "This is not your dad's picture of the Statue of Liberty," said Brian Cury (right), the founder of EarthCam. The New Jersey-based company donated the high-tech cameras, which will be activated continuously for Internet users around the world. (Associated Press)

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Trader Edward Curran (center) works on the floor of the New York Stock Exchange on Thursday, Oct. 27, 2011. (AP Photo/Richard Drew)

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"Lynchburg and the people of Moore County have been involved in the success of the Jack Daniel's brand," says Charles Rogers, who has led a campaign for a $5 million tax on the distillery. (Associated Press)

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Redskins' tight end Chris Cooley on the sidelines during the second quarter against the Arizona Cardinals at FedEx Field in Landover, Md., on Sunday, September 18, 2011. (Andrew Harnik/The Washington Times)

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** FILE ** Rajat Kumar Gupta, former chairman of the Global Fund to Fight AIDS, Tuberculosis and Malaria, listens during a session of the World Economic Forum in Davos, Switzerland, in January 2009. (AP Photo/Keystone/Alessandro Della Bella, File)

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Adam Healy, chairman of ANC 6A's Alcohol Beverage Licensing Committee, talks with Margaret Holwill, a resident of the H Street Corridor before a meeting last week to gauge the community's reaction to the capping of liquor licenses for the area. (T.J. Kirkpatrick/The Washington Times)

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Illustration: Dependence on Government by Linas Garsys for The Washington Times