Free Republic 4th Quarter Fundraising Target: $85,000 Receipts & Pledges to-date: $71,892
84%  
Woo hoo!! And now less than $13.2k to go!! We can do this. Thank you all very much!!

Keyword: corzine

Brevity: Headers | « Text »
  • Former NJ Governor Corzine Son Dead in Apparent Suicide

    03/14/2014 1:09:04 PM PDT · by lbryce · 17 replies
    New York Post ^ | March 13, 2014 | Jeane MacIntosh
    The son of former New Jersey Gov. Jon Corzine killed himself in a Mexico City hotel this week. Jeffrey Corzine, 31, was the youngest of Corzine’s three children with ex-wife and childhood sweetheart Joanne Corzine. The exact cause of death was not released, but sources told The Post Jeffrey suffered from depression. Steven Goldberg, a spokesman for the devastated Jon Corzine, confirmed in a statement: “The sad fact is that Jeffrey Corzine had been suffering from severe depression for several years and recently had been receiving treatment for what is a very painful and debilitating physical and mental ailment.”
  • Jeffrey Corzine, former NJ gov’s son, dead at 31

    03/13/2014 2:10:40 PM PDT · by dynachrome · 71 replies
    NY Post ^ | 3-13-14 | Jeane MacIntosh
    The son of former New Jersey Gov. Jon Corzine has died, The Post has learned. Jeffrey Corzine, who friends said worked as a drug counselor in California, was just 31. Details of his death were not immediately known.
  • Iowa GOP Senate Candidate Gave Money to Corzine [RINO Alert!!]

    02/10/2014 11:16:04 AM PST · by SoFloFreeper · 10 replies
    Weekly Standard ^ | 2/10/14 | MICHAEL WARREN
    A candidate for U.S. Senate in Iowa, who calls himself a “life-long Republican,” once donated $1,000 to the Senate campaign of Democrat Jon Corzine. Mark Jacobs, a Republican businessman who is running for the Senate seat of retiring Democrat Tom Harkin this year, gave the money to Corzine, the CEO of Goldman Sachs who was running for Senate in New Jersey in 2000. Jacobs was working for Goldman Sachs in Houston at the time. ...In 2009 and 2010, Jacobs gave a total of $3,000 to the PAC supporting Arlen Specter, the Republican senator from Pennsylvania who in early 2009 switched...
  • Property tax burden up 13 percent under Christie, AP analysis shows

    09/23/2013 5:57:18 PM PDT · by Olog-hai · 7 replies
    AP via NJ.com ^ | September 23, 2013 at 7:50 AM
    The net household property tax burden in New Jersey rose 13 percent during Gov. Chris Christie’s first three years in office—a number that reflects both his success in reining in local government spending and his inability to restore a relief program that was gutted by his predecessor during the Great Recession, an Associated Press analysis of tax data has found. The growth is only slightly lower than it was in the last three years of Democrat Jon Corzine’s time as governor, when the net tax bill went up 15 percent. But it reflects a different approach: Christie, a Republican, has...
  • Republicans call on Justice Dept. to launch perjury investigation of Corzine

    08/04/2013 10:23:34 AM PDT · by TurboZamboni · 5 replies
    the hill ^ | 8-3-13 | Brendan Sasso
    group of House Republicans has called for a criminal investigation into whether Jon Corzine, a former Democratic governor and senator from New Jersey, lied before Congress in 2011. In a letter to Attorney General Eric Holder on Friday, the 18 lawmakers said that new evidence revealed in a civil case against Corzine contradicts his congressional testimony and may indicate he committed perjury. "It is outrageous and unacceptable to let this discrepancy go without a formal criminal investigation," Rep. Michael Grimm (R-N.Y.), the lead signatory of the letter, said in a statement. "Mr. Corzine has a duty to be honest with...
  • BACKSTORY Anthony and Huma Weiner move into luxury $3.3M condo owned by top Clinton donor

    08/01/2013 8:28:57 AM PDT · by Liz · 35 replies
    FREE REPUBLIC POST ^ | 8/13/12 | DAILY MAIL REPORTER
    Full title.......Anthony Weiner and wife Huma move into luxury $3.3M condo owned by top Clinton donor... are they there for free or just getting a sweet deal? dailymail.co.uk story | 8/13/12 / FR Posted by ColdOne Disgraced former Congressman Anthony Weiner and his faithful wife Huma Abedin have moved into a $3.3million New York City apartment owned by a top donor to Ms Abedin's boss, Hillary Clinton. The well-appointed luxury pad includes four bedrooms and three and a half bathrooms in the 12th floor of an exclusive building on Park Avenue. It costs an estimated $14,000 a month. The price...
  • Corzine Off The Crook - No Criminal Charges (Disgraced Former NJ Gov Goes Scott Free on MF Global)

    07/08/2013 9:33:50 AM PDT · by DogByte6RER · 28 replies
    New York Post ^ | July 8, 2013 | KAJA WHITEHOUSE
    Corzine off the crook - No criminal charges It’s official. Jon Corzine will not be cuffed over MF Global’s improper handling of customers’ funds leading up to the commodity brokerage firm’s spectacular collapse in late 2011, The Post has learned. Federal investigators have found no evidence that the disgraced Wall Street titan broke the law. “After 18 months of investigation, the criminal probe into Jon Corzine is now being dropped,” a person with knowledge of the probe told The Post. “There is no evidence of criminal wrongdoing,” this person said. The Justice Department’s decision to drop the case is sure...
  • Corzine, O'Brien Charged in MF Global Collapse

    06/28/2013 9:04:12 AM PDT · by lbryce · 14 replies
    Wall Street Journal ^ | June 28, 2013 | SCOTT PATTERSON , AARON LUCCHETTI and JAMILA TRINDLE
    Federal regulators on Thursday filed civil charges against former MF Global Holdings Ltd. Chief Executive Jon S. Corzine and a top lieutenant for overseeing the misuse of almost $1 billion in customer funds, saying Mr. Corzine "bears responsibility" for the New York commodities brokerage's 2011 demise. The Commodity Futures Trading Commission's complaint cited conversations not previously disclosed purportedly showing Mr. Corzine played a more active role in the firm's activities than he had suggested in the past. The lawsuit, filed in U.S. District Court in Manhattan, comes as a new blow for Mr. Corzine, whose reputation—built on a career as...
  • John Corzine to be hit with civil charges

    06/25/2013 7:37:30 AM PDT · by fatboy · 38 replies
    The Star Ledger via NJ.com ^ | 6/25/13 | Jeff Goldman
    Jon Corzine to be hit with civil charges, report says Former MF Global head Jon Corzine is expected to have civil charges filed against him, according to a report on NYTimes.com.
  • PPEC April 2012 Ann Barnhardt explains why she closed her brokerage

    05/19/2013 1:31:18 PM PDT · by ak267 · 2 replies
    You Tube ^ | April 4, 2012 | Ann Barnhart
    Ann Barnhart talks about the MF Global controversy, Gov. Corzine, self loathing, gold, Obama's theology, the value of work, economic bubbles, financial protection, 2nd amendment, and the hell that is to come. Feel free to discuss.
  • Weiner’s Wife Didn’t Disclose Consulting Work She Did While Serving in State Dept.

    05/16/2013 9:49:00 PM PDT · by Second Amendment First · 9 replies
    NY Times ^ | May 16, 2013 | RAYMOND HERNANDEZ
    The State Department, under Secretary Hillary Rodham Clinton, created an arrangement for her longtime aide and confidante Huma Abedin to work for private clients as a consultant while serving as a top adviser in the department. Connect with NYTMetro Follow us on Twitter and like us on Facebook for news and conversation. Ms. Abedin did not disclose the arrangement — or how much income she earned — on her financial report. It requires officials to make public any significant sources of income. The disclosure of the agreement that Ms. Abedin made with the State Department comes as her husband, former...
  • MF Global Trustee Sues Corzine Over Firm’s Collapse

    04/23/2013 7:26:10 AM PDT · by AtlasStalled · 11 replies
    New York Times ^ | 04/23/13 | Ben Protess
    A bankruptcy trustee has sued Jon S. Corzine and other former MF Global executives, claiming they were “grossly negligent” in the lead up to the brokerage firm’s collapse.
  • Report Hints at Possible MF Global Suit (NY Times fails to ID Corzine as Democrat, Obama Bundler)

    04/04/2013 11:13:36 AM PDT · by jimbo123 · 10 replies
    NY Times ^ | 4/4/13 | BEN PROTESS
    MF Global‘s bankruptcy trustee is hinting at taking legal action against the brokerage firm’s top executives, blaming them in a new report for engineering a “risky business strategy” and ignoring “glaring deficiencies” in internal controls. In accusing Jon S. Corzine and other MF Global executives of “negligent conduct” that may have accelerated the firm’s demise, Louis J. Freeh, the trustee for MF Global Holdings and a former director of the F.B.I., laid the groundwork for potential litigation. The 124-page report filed in federal bankruptcy court early Thursday leveled its sharpest critique at Mr. Corzine, the former chief executive who was...
  • Banning Corzine Proves Problematic

    03/08/2013 4:13:14 PM PST · by Libloather
    NY Times ^ | 2/22/13 | WILLIAM ALDEN
    The National Futures Association, the self-regulatory group for the futures industry, faced an obstacle in considering a lifetime ban for Jon S. Corzine, the former Democratic senator who ran the now-defunct MF Global: Mr. Corzine isn’t a member, DealBook’s Ben Protess writes. The group convened on Thursday with two of its board members pushing for a ban of Mr. Corzine as punishment for his role in the demise of MF Global, which improperly used customer money. Mr. Corzine’s lack of membership wasn’t the only stumbling block. The group’s chairman said in a statement that the board “does not wish to...
  • Felons for Gun Control

    02/11/2013 2:08:30 PM PST · by Winged Hussar · 6 replies
    American Thinker ^ | 2/11/13 | William A Levinson
    Convicted Felons for Gun Control Former Illinois Governor Rod Blagojevich, who was convicted of trying to sell Barack Obama's Senate seat, advocated a ban on all semiautomatic firearms along with a prohibitive gun owner registration fee. Blagojevich also promoted a ban on so-called "pocket rockets," or easily concealable high-caliber handguns. With regard to the latter, many states' concealed carry laws require the firearm to remain exactly that: concealed. Even if it is not illegal to expose or "flash" the weapon, it is generally poor judgment to advertise the fact that you have a weapon. When one deals with liars like...
  • UNTOUCHABLE: MF GLOBAL judge nixes group's bid to depose Corzine... (Drudge Headline)

    NEW YORK (Reuters) - A bankruptcy judge on Tuesday rejected a bid by former MF Global customers to depose the collapsed brokerage's former chief, Jon Corzine. In a written ruling in U.S. Bankruptcy Court in Manhattan, Judge Martin Glenn said the Commodity Customer Coalition, which had sought permission to question Corzine and other former MF Global insiders, lacked standing because it is not a direct creditor in the case. The coalition, a grassroots group led by Chicago-based commodities trader James Koutoulas, bills itself as representing the interests of thousands of traders whose accounts at MF Global were frozen when the...
  • Harry Reid, Jon Corzine and other cronies that got away in 2012

    12/15/2012 1:44:23 PM PST · by Libloather
    Fox News ^ | 12/12/12 | Peter Schweizer
    Harry Reid, Jon Corzine and other cronies that got away in 2012By Peter Schweizer Published December 12, 2012 FoxNews.com **SNIP** 2. Sen. Harry Reid (D-Nev.) For Senator Harry Reid (D-Nev.), politics is a family business. And when it comes to doling out the federal goodies to favored friends, few can compete with the Nevada senator. Sen. Reid has sponsored at least $47 million in earmarks that directly benefitted organizations that one of his sons, Key Reid, [RW1] either lobbies for or is affiliated with. Recently, another of Sen. Reid’s sons, Rory Reid, helped Chinese energy giant ENN Energy Group make...
  • Congressional probe: Corzine is to blame for MF Global fall

    11/14/2012 1:37:51 PM PST · by aimhigh · 6 replies
    Chicago Tribune ^ | 11/14/2012 | Reuters
    Poor management decisions by MF Global's former CEO Jon Corzine triggered the brokerage firm's collapse, while lax protections for customer funds contributed to the loss of an estimated $1.6 billion of customer money, U.S. congressional investigators have determined.
  • Congressional probe: Corzine is to blame for MF Global fall

    11/14/2012 12:31:33 PM PST · by ExxonPatrolUs · 24 replies
    Chi Trib ^ | 11-14 | Reuters
    Poor management decisions by MF Global's former CEO Jon Corzine triggered the brokerage firm's collapse, while lax protections for customer funds contributed to the loss of an estimated $1.6 billion of customer money, U.S. congressional investigators have determined. Evidence unearthed by the House Financial Services Subcommittee on Oversight puts the blame squarely on Corzine, the panel's chairman Rep. Randy Neugebauer, said in a preview of the report that will be released on Thursday.
  • A Year Later, All Eyes Still on 'Edie' [MFGlobal]

    10/31/2012 5:40:15 AM PDT · by SES1066 · 1 replies
    WallStreet Journal ^ | 10/30/2012 | AARON LUCCHETTI, JULIE STEINBERG and MIKE SPECTOR
    Who broke the law by raiding customer accounts at MF Global Holdings MFGLQ +18.52% Ltd.? Investigators seem no closer to the answer than they were when the New York brokerage firm filed for bankruptcy exactly a year ago Wednesday, owing thousands of farmers and ranchers, hedge funds and other investors an estimated $1.6 billion. Their money was supposed to be stashed safely at MF Global, but company officials used much of it for margin calls and other obligations. The last, best hope for a breakthrough in the probe is Edith O'Brien, the former assistant treasurer at MF Global. Working in...
  • Corzine Asks Judge to Dismiss MF Global Fraud Suit (RATS miss the perp's loot)

    10/24/2012 4:23:10 PM PDT · by Libloather · 1 replies
    Wall Street Journal ^ | 10/23/12 | PATRICK FITZGERALD
    Corzine Asks Judge to Dismiss MF Global Fraud SuitBy PATRICK FITZGERALD October 23, 2012, 1:30 p.m. ET Lawyers for former MF Global Holdings Ltd. Chief Executive Jon Corzine are asking a federal judge to toss a civil fraud lawsuit accusing him of misleading investors about the risky bets the futures firm was taking before its collapse a year ago. Mr. Corzine's lawyers blasted the investors' suit as a "jumble of assertions and accusations" that makes "no sense" that should be dismissed in a filing Friday in U.S. District Court in New York. A group of banks and underwriters—among them units...
  • Potential Great Romney Ads

    09/28/2012 5:54:39 AM PDT · by grumpa · 3 replies
    Off Grid Blogger blog ^ | September 28, 2012 | Off Grid Blogger
    The opportunities for hard-hitting ads for Romney abound. I cannot understand why he doesn’t see them! Here are just a few possibilities: 1.There were 3 black women that spoke eloquently at the Republican convention: Mia Love, Jane Edmonds, and Condoleezza Rice. An ad with all 3 speaking would be extraordinarily powerful. He could use another one with Hispanics, perhaps explaining why they came over to the Republican side. 2.Obama’s own past video clips are absolutely condemning. Remember the one that he says that his plan would necessarily make electric rates skyrocket? And the “one term proposition” one? The “redistributive change”...
  • Exclusive: Senior MF Global Executive Said Corzine Knew About Misuse of Funds (Jail-time Jonny?)

    09/12/2012 2:30:59 AM PDT · by Libloather · 18 replies
    Fox Business ^ | 9/11/12 | Charlie Gasparino
    Exclusive: Senior MF Global Executive Said Corzine Knew About Misuse of FundsBy Charlie Gasparino Published September 11, 2012 FOXBusiness In the days following MF Global’s stunning implosion last year, a senior executive at the firm made a startling concession to investigators looking into both the company’s demise and the loss of more than $1 billion in customer money, according to people with direct knowledge of the matter. MF Global’s chief financial officer for North America, Christine Serwinski, told investigators that her boss, MF Global’s chief executive, Jon Corzine, was well aware of the use and possible misuse of the customer...
  • MF trustee can team up with plaintiffs against Corzine - judge (U.S. Bankruptcy Court)

    09/08/2012 3:54:29 PM PDT · by Libloather · 6 replies
    Reuters ^ | 9/06/12 | Nick Brown
    MF trustee can team up with plaintiffs against Corzine - judgeTrustee can assign claims against Corzine, other insiders By Nick Brown Thu Sep 6, 2012 3:02am IST NEW YORK, Sept 5 (Reuters) - A Manhattan bankruptcy judge said on Wednesday he was prepared to allow the trustee unwinding MF Global's broker-dealer to join forces with some of the company's former customers who have sued ex-Chief Executive Jon Corzine and other insiders. U.S. Bankruptcy Judge Martin Glenn said he will make his decision official when the trustee, James Giddens, files court papers outlining the details of the cooperative effort. The filing...
  • Corzine says MF trustee encroaching on his defense (U.S. Bankruptcy Court)

    09/01/2012 3:20:24 PM PDT · by Libloather · 10 replies
    Reuters ^ | 8/30/12 | Nick Brown
    Corzine says MF trustee encroaching on his defenseBy Nick Brown Thu Aug 30, 2012 3:52am IST NEW YORK, Aug 29 (Reuters) - Former MF Global Chief Executive Jon Corzine is fighting efforts by a bankruptcy trustee to join forces with customers suing him over the commodities brokerage's demise. Corzine, along with other current and former MF executives, filed an objection in court on Wednesday arguing that their ability to defend themselves would be hurt if trustee James Giddens is allowed to assign his legal claims to plaintiffs in existing cases. The executives are defendants in multiple lawsuits accusing them of...
  • Corzine gets the New Black Panther treatment

    08/25/2012 10:52:54 AM PDT · by Libloather · 5 replies
    American Thinker ^ | 8/25/12 | Bruce Johnson
    Corzine gets the New Black Panther treatmentBruce Johnson August 25, 2012 **SNIP** Jon Corzine is accused of using segregated customer funds for backing his bad trading decisions at the firm MF Global. The funds were indeed used for that purpose. People know who made the call. Immunity to them was not offered. Testimony of those who know what occurred and at whose hand, not wanted. Why? The referee doesn't really want to know.
  • Lawyer Tells Rick Santelli: Criminal Charges Against Jon Corzine (Video)

    08/24/2012 2:58:54 PM PDT · by Hojczyk · 24 replies
    Gateway Pundit ^ | August 24,2012 | Jim Hoft
    Stock Market Watch reported: Best quotes from Koutoulas: “Crimes were unequivocally committed and I will do whatever I can to continue to do the government’s job for it and help see justice done.” “MF Global had a choice. Do we cheat or go out of business. And they cheated. They broke the law. And these took these customer funds to cover margin calls.” “Attorney General Eric Holder’s Department of Justice is the biggest enabler of financial crime in U.S. history.” And the kill shot: “I will take this to all 50 states. And we will win. We will get a...
  • Jon Corzine Might Launch His Own Hedge Fund (perp wants to rebuild his image)

    08/19/2012 12:40:17 PM PDT · by Libloather · 20 replies
    Investor Place ^ | 8/17/12 | Christopher Freeburn
    Jon Corzine Might Launch His Own Hedge FundHe is unlikely to face criminal charges over the failure of MF Global By Christopher Freeburn, InvestorPlace Writer Aug 17, 2012, 9:28 am EDT With reports circulating that federal regulators will not seek criminal charges in the collapse of brokerage MF Global, the firm’s former head, Jon Corzine is considering a new career option. The one-time Governor of New Jersey and former head of Wall Street giant Goldman Sachs (NYSE:GS), is mulling the idea of starting his own hedge fund, according to the New York Times. **SNIP** However, sources close to the former...
  • No One Will Charged With a Crime for the MF Global Collapse

    08/16/2012 10:25:49 AM PDT · by Mad Dawgg · 75 replies
    Yahoo News ^ | 8/16/2012 | Dashiell Bennett
    Authorities are winding down their criminal investigation of the failed brokarage firm, MF Global, and despite the lack of oversight and the loss of more than $1 billion in customer funds, it now seems unlikely that anyone at the firm will face criminal charges.
  • No Criminal Case Is Likely in Loss at MF Global

    08/16/2012 8:51:53 AM PDT · by C19fan · 29 replies
    New York Times ^ | August 15, 2012 | Azam Ahmed and Ben Protess
    A criminal investigation into the collapse of the brokerage firm MF Global and the disappearance of about $1 billion in customer money is now heading into its final stage without charges expected against any top executives. After 10 months of stitching together evidence on the firm’s demise, criminal investigators are concluding that chaos and porous risk controls at the firm, rather than fraud, allowed the money to disappear, according to people involved in the case.
  • REVEALED: Corzine's MF Global Was Client of Eric Holder's Law Firm

    07/26/2012 3:20:21 PM PDT · by arasina · 60 replies
    Breitbart ^ | July 26, 2012 | Wynton Hall
    Those wondering why the Department of Justice has refused to go after Jon Corzine for the vaporization of $1.6 billion in MF Global client funds need look no further than the documents uncovered by the Government Accountability Institute that reveal that the now-defunct MF Global was a client of Attorney General Eric Holder and Assistant Attorney General Lanny Breuer’s former law firm, Covington & Burling. There’s more. Records also reveal that MF Global’s trustee for the Chapter 11 bankruptcy retained as its general bankruptcy counsel Morrison & Foerester--the very law firm from which Associate Attorney General Tony West came to...
  • CEO of PFGBest’s Peregrine Financial arrested, charged ($216M customer funds gone)

    07/13/2012 6:43:23 PM PDT · by STARWISE · 28 replies
    Sun Times/AP ^ | 7-13-12
    *snip* FBI agents arrested Russell Wasendorf, Sr., 64, of Cedar Falls on Friday. Federal prosecutors unsealed a criminal complaint charging the CEO of Peregrine Financial Group, Inc., with making false statements to regulators and released documents detailing a wide-ranging fraud scheme that apparently fooled colleagues, customers and regulators for years *snip* Peregrine Financial Group, which marketed itself as PFGBest with offices in Chicago, filed for bankruptcy on Tuesday, the same day federal regulators filed civil fraud charges alleging the firm falsely claimed a bank account contained more than $220 million when it actually had about $6 million. The money in...
  • Corzine is having no fun in the shun (Hamptons pariah RAT perp may avoid criminal charges)

    07/07/2012 6:26:40 PM PDT · by Libloather · 19 replies
    NY Post ^ | 7/05/12 | SELIM ALGAR, LEONARD GREENE
    Corzine is having no fun in the shunShamed pol a Hamptons pariah By SELIM ALGAR and LEONARD GREENE Last Updated: 5:56 AM, July 5, 2012 How the mighty have fallen. It seems like only yesterday that Jon Corzine was the life of the party, holding court on the Hamptons political circuit, raising money for Barack Obama. Now, Corzine — just months removed from a humiliating financial scandal — is persona non grata in the tony playground of the rich, and it’s clearly taking its toll, insiders said. “He’s certainly not getting the invitations that he would have gotten before,” a...
  • The last days of MF Global

    06/04/2012 8:54:31 PM PDT · by Hoodat · 8 replies
    Fortune ^ | 4 Jun 2012 | Peter Elkind
    FORTUNE -- At about 9:30 p.m. on Tuesday, October 25, David Schamis, a director of a once-obscure futures brokerage company called MF Global, placed a call to his friend, Jacob Goldfield. Goldfield, 52, was a former trading superstar who had spent 15 years at Goldman Sachs—brilliant and impeccably connected (Bob Rubin and Larry Summers loved him), but equally quirky and unassuming. Raised in the South Bronx, he'd majored in physics at Harvard before dropping out of law school there to start at Goldman, where he made partner in record time. After leaving the partnership with a fortune in 2000, Goldfield...
  • “Jon Corzine – What’s Going On?”

    05/17/2012 5:46:56 AM PDT · by Eccl 10:2 · 30 replies
    The Daily Reckoning ^ | 05/16/12 | Sydney Williams
    It pays to be rich, powerful and a Democrat with friends in Washington. While Anna Gristina, a Connecticut mother accused of being a New York “madam” sits in a cell on Riker’s Island, Jon Corzine, the former CEO of MF Global sits at home in his New Jersey mansion. MF Global had been a publically traded securities firm with $40 billion in assets, but with liabilities even larger, filed for bankruptcy late last year, after being accused of co-mingling customer funds with its own, a flagrant violation of securities law.
  • Grumbling grows on left over slow-going in Wall Street crisis investigations (RAT Corzine?)

    04/28/2012 5:24:47 PM PDT · by Libloather · 17 replies
    The Hill ^ | 4/26/12 | Peter Schroeder
    Grumbling grows on left over slow-going in Wall Street crisis investigationsBy Peter Schroeder - 04/26/12 07:30 AM ET Roughly four years after the financial crisis hit, some on the left are wondering when, or even if, the Obama administration plans to pursue criminal prosecutions of the Wall Street figures that played a major role in the meltdown. Top White House officials, including the president himself, have vowed the slow, steady work of investigations is underway, and that those who broke the law on Wall Street will ultimately be held accountable. But despite those promises, there is scant public proof of...
  • Unbelievable: Jon Corzine still bundling mega-bucks for Obama’s campaign

    04/21/2012 6:45:34 AM PDT · by SeekAndFind · 13 replies
    Hotair ^ | 04/20/2012 | AllahPundit
    The information's hiding in plain sight but it’s still a nifty catch by the Standard’s Daniel Halper. You know why? Because the idea that Jon Corzine is still raising hundreds of thousands of dollars for The One is so insane and implausible, virtually no one would have thought to check. Of course that's not happening. Of course.And yet.He's in the $500,000+ club for the first quarter of this year, the most elite group there is among O's cash cows. You know what else happened during that quarter? News broke that more than a billion dollars in MF Global client funds...
  • Jon Corzine Still Bundling for Obama

    04/20/2012 1:50:35 PM PDT · by Smokeyblue · 12 replies
    Weekly Standard ^ | April 20, 2012 | Daniel Halper
    Barack Obama's reelection campaign has released the most recent list of names of fundraising bundlers. On that list is Jon Corzine, the former governor of New Jersey and embattled money man, the former head of MF Global: Corzine, according to the Obama campaign, has once again helped raise more than $500,000. (He was likewise named a bundler in January, when the Obama campaign last released the names of their money men.)
  • Corzine Steals Billions Sans Charges, Errant Whale Watcher Faces Prison

    04/16/2012 6:34:10 AM PDT · by radioone · 21 replies
    Real Clear Politics ^ | April 16, 2012 | Bill Frezza
    Justice may be blind, but who works overtime to make it deaf, dumb, and stupid? Which would you imagine might attract more aggressive enforcement from the Justice Department: the theft of $1.2 billion from supposedly segregated customer brokerage funds, or lying about an alleged incident of whistling to attract the attention of a whale so that whale watchers could get a better peep? If you said the latter, then you appreciate the extent to which federal law enforcement priorities have run off the rails. We know for a fact that enormous sums of money legally off limits have disappeared into...
  • MF Global judge weighs release of insurance money (to pay for RAT Corzine's legal bills)

    04/06/2012 12:29:41 PM PDT · by Libloather · 8 replies
    Yahoo ^ | 4/02/12 | Nick Brown, Aruna Viswanatha
    MF Global judge weighs release of insurance moneyBy Nick Brown and Aruna Viswanatha | Reuters – Mon, Apr 2, 2012 (Reuters) - An MF Global bankruptcy trustee asked a judge on Monday to release $25 million in insurance money to pay defense costs for Jon Corzine and other former MF Global officers facing civil lawsuits over the broker's October collapse. If paid out now, the money, part of $375 million in total insurance funds from multiple policies, could save the broker from facing larger claims later, Lorenzo Marinuzzi, an attorney for trustee Louis Freeh, said in U.S. Bankruptcy Court in...
  • MF Global executive refuses to testify before Congress (Assistant Treasurer Edith O'Brien)

    03/28/2012 3:16:43 PM PDT · by NormsRevenge · 22 replies
    Yahoo ^ | 3/28/12 | Sarah N. Lynch and Aruna Viswanatha - Reuters
    WASHINGTON (Reuters) - A finance executive at MF Global Holdings Ltd invoked her right against self-incrimination as lawmakers heard from officials who played critical roles in the final days of the futures brokerage, when a huge and still unexplained shortfall in customer money surfaced. Assistant Treasurer Edith O'Brien, believed to have been involved in authorizing a $175 million transfer that may have included customer funds, three days before MF Global's bankruptcy filing on October 31, declined to testify on Wednesday. "On advice of counsel I respectfully decline to answer based on my constitutional right," she told subcommittee chairman Randy Neugebauer...
  • Live blog of hearing on collapse of MF Global

    03/28/2012 2:31:20 PM PDT · by Eccl 10:2 · 4 replies
    Marketwatch ^ | 3/28/2012 | Marketwatch
    Attention has returned to the bankruptcy of MF Global after a House Financial Services subcommittee hearing said it’s found evidence — courtesy of an email from assistant treasurer Edith O’Brien — that ex-CEO and former New Jersey Governor Jon Corzine personally directed the transfer of client funds in the waning days of the brokerage.
  • MF Global Hearing

    03/28/2012 11:14:46 AM PDT · by BillyBonebrake · 7 replies
    Is there a link out there for this hearing? I'm all over the C-Span website and cannot find any way to watch these worms squirm. It sure would be entertaining ...
  • Justice Dept. Going Easy on Corzine?

    03/24/2012 1:49:12 PM PDT · by jazusamo · 16 replies · 1+ views
    National Legal & Policy Center ^ | March 24, 2012 | Peter Flaherty
    Today's headlines that Jon Corzine gave "direct instructions" for MF Global customer money to moved to another account to cover a $175 million overdraft raises big questions about how this case is being handled. Congressional Committee's are imperfect investigative vehicles, but this time the House Financial Services Subcommittee on Oversight and Investigation has really scored. By digging out and making public an email from MF Global assistant treasurer Edith O'Brien, the Committee has done a huge public service. But surely the investigation of the disappearance of $1.6 billion deserves a more formal process than "trial by headline." Just where...
  • Another Goldman swindler exposed & How might Solomon advise to the GOP on Romney?

    03/24/2012 1:46:25 PM PDT · by publius321 · 3 replies
    http://www.TableOfWisdom.com ^ | 3/24/2012 | Scott Ryan
    The Big story this weekend is that “a congressional committee is investigating how $1.6 billion in customer funds went missing from bankrupt brokerage MF Global said Friday that it’s found evidence that then-CEO Jon Corzine directed a senior executive to use $200 million of clients’ money.” It’s such a shame to see the former Governor getting probed like this. I thought Dems were not subject to financial and accounting laws because they created the laws for us. All Corzine needs to do is go before the judge and jury, then tell them they are stupid and he knows better. He...
  • Email Ties Corzine to Missing Funds

    03/24/2012 8:20:03 AM PDT · by Brilliant · 25 replies · 1+ views
    WSJ ^ | March 23, 2012 | MIKE SPECTOR, JULIE STEINBERG and AARON LUCCHETTI
    <p>Jon S. Corzine gave "direct instructions" to move $200 million from an MF Global Holdings Ltd. account containing customer funds three days before the securities firm collapsed, according to an employee email reviewed by congressional investigators.</p> <p>The Oct. 28 email was disclosed in a five-page memo released Friday afternoon by a House Financial Services subcommittee. The panel is investigating what caused an estimated $1.6 billion shortfall in customer funds at MF Global, which collapsed into bankruptcy Oct. 31.</p>
  • Triple Lutz Report--Is Justice Coming for Jon Corzine--Episode 175

    03/24/2012 8:35:28 AM PDT · by appeal2 · 5 replies
    The Financial Survival Network ^ | 03/24/2012 | Kerry Lutz
    Late Friday afternoon, the time when they love to release damaging news in the hope that it will get lost in the weekend spin cycle, a rehashed disclosure came out about "Knows Nothing" Jon Corzine. A memo had been located, which showed that Corzine had specifically directed that client funds be used to cover an MF Global bounced check to JP Morgan Chase. While this was a partial rehash, in light of recent findings, it adds clarity to Corzine's actions when MF hit the fan. An assistant treasurer Edith O'Brien of the MF sent the email as part of a...
  • Triple Lutz Report–Is Justice Coming for Jon Corzine–Episode 175

    03/24/2012 8:32:10 AM PDT · by appeal2 · 5 replies
    The Financial Survival Network ^ | 03/24/2012 | Kerry Lutz
    Late Friday afternoon, the time when they love to release damaging news in the hope that it will get lost in the weekend spin cycle, a rehashed disclosure came out about "Knows Nothing" Jon Corzine. A memo had been located, which showed that Corzine had specifically directed that client funds be used to cover an MF Global bounced check to JP Morgan Chase. While this was a partial rehash, in light of recent findings, it adds clarity to Corzine's actions when MF hit the fan. An assistant treasurer Edith O'Brien of the MF sent the email as part of a...
  • MF Global's Corzine Ordered Transfer of Client Funds: Memo

    03/23/2012 2:37:22 PM PDT · by qwerty1234 · 18 replies
    MF Global CEO Jon Corzine authorized the transfer of $200 million in customer funds to cover a shortfall just before the broker-dealer collapsed last year, according to a congressional memo.
  • Corzine Corzined - Congressional Panel Finds Former MF Global CEO Ordered JPM Fund Transfer

    03/23/2012 1:31:40 PM PDT · by SatinDoll · 37 replies · 4+ views
    The Zero Hedge/ ^ | 03/23/2012 | Tyler Durden
    Then only thing that could top today's epic market insanity and hilarity, would be that Corzine is himself about to be Corzined. And just released from Bloomberg: •MF GLOBAL'S CORZINE ORDERED FUNDS MOVED TO JPMORGAN, MEMO SAYS •CORZINE'S `DIRECT INSTRUCTIONS' CITED BY CONGRESSIONAL PANEL •MF GLOBAL TRANSFER WAS USED TO COVER OVERDRAFT, PANEL SAYS •MF GLOBAL FINDINGS CITED IN MEMO OBTAINED BY BLOOMBERG NEWS And so we can now add perjury to felony embezzlement. Which means we now have to wait to find just which MF'er (and JPM'er) will be given a promise of untold millions if they only get...