Posted on 02/01/2012 8:52:05 AM PST by maggief
Disgraced financier JON CORZINE who’s “What Me Worry” tactics sunk MF Global, is still OBAMA’s ”go to guy” to raise money to re-elect the President.
The ex- head of MF Global, former New Jersey Governor Jon Corzine told a congressional committee he had no clue of what happened to $1.2 billion of his Wall Street clients’ money following the $6.3 billion collapse last fall of the brokerage firm Corzine ran.
Torpedoed by Corzine risking everything on European debt, MF sunk into oblivion.
But an audit couldn’t account for $1.2 billion, suggesting Corzine may have illegally mixed client funds with the company’s own.
The Wall Street Journal reported investigators believe a “significant amount” of the monies may have been “vaporized” by chaotic MF Global trading.
But it hasn’t stopped Corzine from continuing to raise tons of cash for the Obama-Biden re-election campaign — more than $500,000, according to the official web site.
That makes Corzine one of the president’s biggest “volunteer fundraisers” in the nation.
When Obama first entered The White House-- and before Corzine’s financial ruin -- he told press Corzine was his “go-to guy” for financial advice and there was speculation among DC insiders that Corzine might be named Obama’s Treasury secretary.
And while Obama would now like to publicly distance himself of his past confidence in the one-time financial wizard evidently Team Obama has NO problem in taking money from Corzine -- and his super-wealthy pals.
It’s pretty sad & telling when the National Enquirer has more credibility than the MSM
Maybe by now, the Enquirer IS the MSM.
The MSM bar, you know, has been lowered long since!!
Certainly seems to be the case, does it not?
Pardons are expensive.
Earlier today, this showed up: http://www.freerepublic.com/focus/f-news/2841052/posts
Sometimes the enquirer gets the scoop before anyone else.
I wonder...
So many things affiliated with this administration just seem to....vaporize, don't they?
[ Sometimes the enquirer gets the scoop before anyone else. ]
No they get the table scraps that the MSM has failed to sweep under the rug.
DUH!!! He’s up to his big ass ears in scandals!
—No they get the table scraps that the MSM has failed to sweep under the rug.—
I confess that that’s really how I see it too.
$1.2 billion buys a lot of commercials in the old media and rewards them for their efforts for the Democrat party.
Alas, besides James O’Keefe, it seem only reporters for tabloids are willing to do actual investigative journalism any more.
Everyone in D.C. is involved.
The foundation of the U.S. is now riddled with cracks, chaos and corruption...
Greed and government will eventually leave America dead on the floor.
b
It’s O.K....
Obama is a DEMOCRAT, Corzine is a DEMOCRAT, so it’s all good, just ask anyone at NBC/MSNBC about this, they will tell ya!
Corruption isn’t corruption when done-while-Democrat. It’s just not possible for a Democrat to be corrupt, no matter how corrupt they are.
Remember the NI broke the John Edwards story and forced the MSM to finally report it. The game of the MSM is “if a tree falls in the woods and no one hears it” routine, don’t report anything negative on this administration.
Here’s another one ...
http://freerepublic.com/focus/f-news/2840814/posts
America’s “Largest Minority-Owned And Operated Investment Bank” Shuts Down
ZeroHedge ^ | 1-31-2012 | Tyler Durden
Aren’t the Enquirer publishers friends of Bill and Hillary? I thought I’d read that somewhere.
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