Posted on 04/19/2015 6:08:44 PM PDT by Reverend Wright
Jon S. Corzine, the embattled former MF Global Holdings Ltd. chief executive and ex-chairman of Goldman Sachs Group Inc., has discussed plans to start his own hedge fund in recent months, according to people familiar with the matter.
The fund would start with cash from Mr. Corzine’s personal wealth and a handful of outside investors. Mr. Corzine said he had been speaking with about a half-dozen potential investors, and projected around $150 million in assets under management, one of the people said.
The plans are tentative and could evolve or fall apart in coming months. But a launch would mark an unlikely return to high finance for Mr. Corzine, the 68-year-old former Democratic U.S. senator and New Jersey governor who has stayed out of the limelight since commodities brokerage MF Global declared bankruptcy in 2011.
(Excerpt) Read more at wsj.com ...
spit my dinner all over the floor lol
Do the profits go to the investors, or to Mr Corzine? I don’t think you have to ask...
Exactly. You took the words right out of my pen...
If ever there was a man who deserved 10 years in a federal penitentiary...
This f&$@# needs to be rotting in a jail cell
Here’s a guy that was at the center of the Democrat-engineered collapse of the U.S. economy.
He has yet to be held responsible and sent to prison.
What info does he have on the powers in the govt that they haven’t prosecuted him!
Also, politicians cover up for other politicians. After all, if one bigwig pol ends up in jail for corruption, the whole dam may break.
He didn’t steal enough the first time?
Just think. There are a large number of people out there with more money than brains that will be clawing to invest with him.
***Prison Partners Alert***
well, there is a possible investment logic that says: look at what this guy has gotten away with, he really must have an inside track
Why isn’t Corzine in jail?
Corzine could give brass boldness lessons...
Does this mean he has already spent all the money he stole from MFG???
Must have a new mistress that demands expensive gifts.
Stole over a billion dollars.
Deserves to be hanged a dozen times over.
Instead, he walks the streets a free man, preparing to restart his evil ways.
Oh, you're just still miffed about all that felony commingling* of investor funds.
That's SO yesterday... LOL! :)
*Jon Corzine: "What, the law apply to ME? Don't be absurd!"
Good gawd.
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