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Corzine to pay $5M penalty to resolve MF Global case
AP via Philly.com ^ | 01/04/2017 | MARCY GORDON

Posted on 01/05/2017 11:32:57 AM PST by Kid Shelleen

Jon Corzine, the former New Jersey governor who led the collapsed brokerage MF Global, has been ordered to pay a $5 million penalty for his role in the firm's alleged illegal use of almost $1 billion in customer funds. A federal court in Manhattan on Thursday granted the order against Corzine to the U.S. Commodity Futures Trading Commission, which brought civil charges against him in 2013. Following the stunning collapse of the big Wall Street firm in late 2011, the CFTC alleged that MF Global misused customer funds in a vain attempt to remain solvent.

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


TOPICS: Business/Economy; Crime/Corruption; News/Current Events; US: New Jersey
KEYWORDS: corzine; goldmansachs; joncorzine; mfglobal
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To: Lurkinanloomin
Clinton’s Bag Man belongs in jail, too, but he is Governor of my state.

Hillary is a Governor?

ML/NJ

21 posted on 01/05/2017 3:43:03 PM PST by ml/nj
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To: Kid Shelleen

And let me guess... “NO admission of wrong-doing and NO jail time”


22 posted on 01/05/2017 3:45:19 PM PST by VideoDoctor
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To: ml/nj

Hillary is Clinton’s Bag

McAuliffe is Clinton’s Bag Man


23 posted on 01/05/2017 6:53:39 PM PST by Lurkinanloomin (Natural Born Citizen Means Born Here Of Citizen Parents)
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To: Kid Shelleen

That dirtbag should be in jail. Prison actually, another Clinton Scum-Friend put into place “ by them”, gets off w/ a Fine. It’s so wrong.


24 posted on 01/05/2017 8:39:00 PM PST by Pagey (HELL is The 2nd Term of a POTUS who is a MALICIOUS DIVIDER of humans)
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To: Lurkinanloomin
Re: Clinton's Bagman, please see this old post of mine regarding Hillary Rodham Ulasewicz Clinton.

ML/NJ

25 posted on 01/06/2017 5:46:02 AM PST by ml/nj
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To: Kid Shelleen

What a joke.

He belongs in prison.


26 posted on 01/06/2017 5:50:13 AM PST by 9YearLurker
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