Former FBI Director Louis J. Freeh wants a $1 million fee for leading the bankruptcy wind-down of MF Global Holdings Ltd., the failed commodities firm led by former New Jersey Gov. Jon Corzine, Dow Jones Newswires reported yesterday. In a court filing on Monday, lawyers for Freeh said that he brought “instant credibility” when he was assigned to serve as the firm’s chapter 11 trustee in November 2011 shortly after the firm collapsed under the weight of Corzine’s large bets on European debt. They asked for the $1 million in addition to more than $10 million billed by Freeh and his legal team from Pepper Hamilton LLP for their hourly work on the case. Freeh’s hourly rate is $900.
