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Almost 4 years after MF Global failed, Jon Corzine is reportedly getting ready for a comeback
Business Insider ^ | Myles Udland

Posted on 04/20/2015 4:35:09 AM PDT by Enlightened1

Jon Corzine is thinking about making a comeback.

According to a report from The Wall Street Journal, Corzine, who was formerly chairman of Goldman Sachs and the CEO at hedge fund MF Global before it went bankrupt in 2011, is considering a comeback.

The Journal's Julie Steinberg and Rob Copeland report that Corzine has discussed plans about starting a new fund and that it would be started from his personal wealth and a small group of outside investors.

The new fund could have around $150 million in assets under management, the report said.

MF Global, which was a $1.6 billion commodities hedge fund, went under in 2011 after some of its sovereign debt bets went wrong. Corzine is still in the process of sorting out legal actions against him and MF Global, including potential action from the Commodity Futures Trading Commission, and it's unlikely Corzine would be able to start a fund until these proceedings were concluded, the report said.

In a statement to the Wall Street Journal, Corzine's lawyer said, "Jon Corzine is not managing anybody’s money and has not asked a single investor to put money into a fund .... He is gratified that others might want to invest with him."

Read more: http://www.businessinsider.com/jon-corzine-wsj-hedge-fund-report-2015-4#ixzz3XqetMFzB

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events; US: Connecticut; US: New Jersey; US: New York
KEYWORDS: 16billion; corzine; criminal; goldmansachs; joncorzine; mfglobal
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This guy should be in prison. The fact that he is even thinking about it is astounding!
1 posted on 04/20/2015 4:35:09 AM PDT by Enlightened1
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To: Enlightened1

This is astonishing. Corzine should be in a Federal pen!


2 posted on 04/20/2015 4:36:14 AM PDT by dinodino
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To: dinodino

3 posted on 04/20/2015 4:38:34 AM PDT by Enlightened1
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To: Enlightened1

...but big money is always Republican


4 posted on 04/20/2015 4:43:28 AM PDT by SeeSharp
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To: dinodino
Bernie Madoff is scratching his head in wonder.
5 posted on 04/20/2015 4:44:16 AM PDT by CaptainK (...please make it stop. Shake a can of pennies at it.)
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To: Enlightened1

He wants to be in Evita’s administration.

Just WAIT and see the crowd of criminals and bounders she’ll have in tow.


6 posted on 04/20/2015 4:44:42 AM PDT by SMARTY ("When you blame others, you give up your power to change." Robert Anthony)
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To: Enlightened1

Most of his ill-gotten gains are in the Clinton Foundation!


7 posted on 04/20/2015 4:46:03 AM PDT by urbanpovertylawcenter (the law and poverty collide in an urban setting and sparks fly)
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To: dinodino
This is astonishing. Corzine should be in a Federal pen!

At a minimum he should be in an orange jump suit awaiting trial. But Democrats can do no wrong!

8 posted on 04/20/2015 4:47:12 AM PDT by olezip (Time obliterates the fictions of opinion and confirms the decisions of nature. ~ Cicero)
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To: All
EXHIBIT ONE--- Dec 05, 2011---Fox News Report: Bill Clinton Reaped Big Bucks from Corzine Firm Before Collapse--- MF Global Employee Links Clinton to the Bankrupt Firm

A former MF Global employee accused former president Bill Clinton of collecting $50,000 per month through his Teneo advisory firm in the months before the brokerage careened towards its Halloween filing for Chapter 11 bankruptcy, reports Human Events.

Teneo was hired by MF Global’s former CEO Jon S. Corzine to improve his image and to enhance his connections with Clinton’s political family, said the employee, who asked that his name be withheld because he feared retribution, according to Hum/Events.

The Teneo contract with MF Global lasted at least five months, the souce said. “The board cancelled it after Corzine resigned.” The source, who is no longer associated with MF Global, said Teneo is a dual-track company with one side devoted to merchant and investment banking and the other side set up to provide image and strategy consulting services.

Clinton is the chairman of the company’s advisory board, reports Hum/Events.

SOURCE http://nation.foxnews.com/mf-global/2011/12/05/report-bill-clinton-reaped-big-bucks-corzine-firm-collapse#ixzz1fhH3pHHH

===============================================

EXHIBIT TWO--Then-Secy of State Hillary gave her close aide, Huma Abedin, “State Dept special status".....Abedin was working for Hillary at State....... AND simultaneously working for Bill Clinton, as a private contractor for his company, Teneo Holdings.

Abedin, reportedly had private email addresses on the Clinton email server system (underlining Democrats' greatest fear: the intersection of undisclosed foreign donations to the Clinton Foundation and Hillary Clinton’s secret email address. Huma Abedin's sweetheart deal: (1) an outside private six-figure consultant at the State Department, and, (2) “special government employee” status, and worked a sideline---as a private contractor.

One of Huma's clients was Bill Clinton's Company----Teneo Holdings----self-described as a dual-track political/banking consulting firm that calls itself the “next chapter in strategic advisory.”

======================================================

EXHIBIT THREE---An earlier NYT's expose tarred Bill Clinton w/ Teneo's sub rosa dealings. Teneo is run by Clinton aide---Doug Band. Prosecutors found Band and Clinton listed in pedophile's Jeffry Epsteiin's records as having a shocking 21 email addresses and tele nos.

Can you say money laundering? L/E recognizes multiple phone nos and email as the classic MO for money-laundering and tax evasion.

9 posted on 04/20/2015 4:49:58 AM PDT by Liz (Another Clinton administration? Are you nuts?)
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To: Enlightened1

He shouldn’t be in prison.

He should have been hanged, and his carcass gibbeted.


10 posted on 04/20/2015 4:53:51 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: DuncanWaring

...in front of Goldman Sachs.


11 posted on 04/20/2015 4:54:29 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: SeeSharp

Jon Corzine could and should have been the Republican response to the assault on the Koch brothers. Former CEO of Goldman Sachs, former New Jersey Politician (Senator and Governor), big campaign bundler for the Obama campaign. The outright theft of money from MF Global’s shareholders, for the purpose of speculation, on his authorization was a crime and should have been prosecuted. The Democrats, and their allies in the press, who railed about Jack Abramoff, yet are silent on Corizine.

Every time one of my progressive associates goes off on the Koch brothers, and GOP support of the 1%, I make a simple statement to shut them up, “Jon Corzine is a free man.” The phrase is guaranteed to shut down the rant.

For the GOP, Corzine should be the poster child for Democrat corruption and the hypocrisy of progressives with respect to the class warfare mantra. Yet Romeny, Boehner, McConnell, Rove, Jeb, and the rest of the GOP elites have been silent on Corizine. Romney could easily have made the failure of the Holder Justice Department to indict Corzine an issue in the 2012 election, yet he said nothing.

The GOP is in the pocket of Wall Street, not Main Street. Corzine knows where the bodies are buried. Hence - silence from the GOP and immunity from prosecution. The elites stick together.


12 posted on 04/20/2015 5:05:57 AM PDT by Soul of the South (Yesterday is gone. Today will be what we make of it.)
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To: Enlightened1

It truly is the “JUST US” Dept!! Only Republicans have to follow the law....or Democrats that cross the dictator, Obama.


13 posted on 04/20/2015 5:10:22 AM PDT by Ann Archy (ABORTION....... The HUMAN Sacrifice to the god of Convenience.)
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To: Enlightened1

$2 Billion in customer money disappeared from his “investment fund” and his only response was “I don’t know where it went.”

No investigation, no prosecution, no explanation. He walks around a free man.

It’s great to be a Democrat.


14 posted on 04/20/2015 5:11:00 AM PDT by Steely Tom (Vote GOP for A Slower Handbasket)
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To: Enlightened1

Welcome back, John!

Attention all liberals. Invest all your savings into whatever it is the John is pushing. What could go wrong?


15 posted on 04/20/2015 5:17:38 AM PDT by Lee'sGhost ("Just look at the flowers, Lizzie. Just look at the flowers.")
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To: Enlightened1

Corzine a means to funnel campaign contributions to Hillary. One can only imagine who these “investors” are.


16 posted on 04/20/2015 5:22:30 AM PDT by Flick Lives ("I can't believe it's not Fascism!")
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To: All

"Glad you're getting back in the money-laundering game. The Foundation needs you."

17 posted on 04/20/2015 5:28:51 AM PDT by Liz (Another Clinton administration? Are you nuts?)
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To: Liz

Anther Klinton sock puppet. The Congress of the United States should freeze his assets. He should not be allowed to comeback!!


18 posted on 04/20/2015 5:36:29 AM PDT by Busko (The only thing that is certain is that nothing is certain.)
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To: All
CORZINE'S SHADY BGRND:

(a) Then-US Sen Jon Corzine (D- NJ), used elected office to pass a special tax exemption for a Japanese bank he owned----G/S crony Christopher Flowers---adminstrator of Corzine's "blind trust"--- used Corzine's assets to takeover the Japanese bank. Corzine said he "did not know" the legislation he sponsored benefited him. (God only knows the insider deals Corzine made with other Senators--maybe Hillary---to get the self -serving bill passed.

(b) FAST FORWARD---Now Sen is Gov Corzine. He and G/S crony Brad Abelow---who Corzine appointed as NJ Treasury Secy---formed a private investmnent firm. The two financisl geniuses said they "did not know" that move was illegal for govt officials.

(c) Several NJ agencies went bankrupt with huge pots of money under then-NJ Gov Corzine. $8B went missing from the Schools Bldg fund.

(d) Corzine, Abelow and Flowers---G/S cronies---all ended up at MF Global and presided over the disappearance of $1.2 billion.

All of this is no coincidence. Self- serving Corzine has always been about using public office to personally profit.

====================================================

GOLDMAN SACHS EXECS---CORZINE AND ABELOW---MISLEAD CONGRESS Circa 2012 HEARING:

1. When Congress asked Bradley Abelow about "previously working with Corzine," close- mouthed Abelow reluctantly mentioned being Gov Corzine's COS.

2. Abelow MADE NO MENTION of Corzine appointing him to head NJ's Dept of the Treasury--- where the two con artists controlled ALL of NJ's tax assets.

3. Abelow and Corzine SHOULD have been pressed about their formation of an investment company while they were principals of NJ govt and controlled its assets. The two "financial geniuses" said they did not known this was illegal.

4. Abelow also failed to disclose his current position---as chairman of Obama EPA's Financial Advisory Board. NOTE: Obama's hand-picked EPA head also served in Gov Corzine's adminstration.

5. Abelow 's financial activities at EPA need top to bottom investigations. We need to know why Abelow is witholding crucial info. What does he have to hide?

19 posted on 04/20/2015 5:41:33 AM PDT by Liz (Another Clinton administration? Are you nuts?)
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To: All
THE GOLDMAN SACHS CHRONICLES G/S insiders all go on to bigger and better things (/snix).

<><> G/S head Jon Corzine went on to buy two US elected offices for some $125 million---Corzine was a US Senator and NJ governor. When Corzio was tossed out as Gov, he and several G/S cronies went to MF Global and looted that company of some $1.2 billion.

<><> Corzine is a well-rounded G/S operator. As Governor, he left the state of NJ $8 billion in debt. $8 billion went missing from the bogus "schools construction" agency....other agencies like UI and the Transporation Trust Fund went bankrupt with no explanation why. The $82 Billion state pension fund lost about 25%.

<><> OBAMA-CORZINE CONNECTION Right before Corzio’s reelection, Obama sent $17.5 Billion stimulus to NJ-—which promptly vanished. VP Biden is on record as having asked Corzine for financial advice----Biden has a son and a brother involved with the Stanford offshore fraud (Stanford was just convicted of running a Ponzi)

<><> MF Global principal Brad Abelow was Corzine’s appointee as NJ Treasury Secy——controlling ALL NJ assets. Gov and Secy started an investment business——but the two “financial geniuses” said they did not know this was illegal.

<><> MF Global principal Chris Flowers handled Sen/Gov Corzine’s “blind assets.” Flowers led the takeover of a Japanerse bank for Sen Corzine——Sen Corzine passed a bill giving the bank a US tax break......

<><> Jonny said "he did not know" the Senate bill benefitted him. Insider trading on Capitol hill could also be involved---Congress-rigged to get the Corzine bill passed.

<><> Corzine registered three corporations in super-secret financial haven——Delaware——BEFORE buying public offices.

<><>Bradley Abelow, an MBA from Yale School of Management, served as chief of Staff to the Governor of New Jersey in the Cabinet of Gov. Jon Corzine.

<><>Corzine first appointed Abelow Secy of the Treasury. Abelow and Corzine were top executives at Goldman Sachs. Abelow was MF Global Chief Operating Officer; Corzine was MF's CEO.

<><> G/S crony Chris Flowers controlled Corzine's "blind trust" while Corzine was in public office.

<><> Corzio, Flowers and Abelow are all G/S cronies.

20 posted on 04/20/2015 5:44:57 AM PDT by Liz (Another Clinton administration? Are you nuts?)
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