Keyword: joncorzine

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  • Corzine to pay $5M penalty to resolve MF Global case

    01/05/2017 11:32:57 AM PST · by Kid Shelleen · 25 replies
    AP via Philly.com ^ | 01/04/2017 | MARCY GORDON
    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.
  • Senator Hillary! Women better off with Saddam - Transcript (long, know thy enemy)

    02/27/2004 7:30:51 PM PST · by Indy Pendance · 79 replies · 2,366+ views
    THIS IS AN UNCORRECTED TRANSCRIPT. P R O C E E D I N G S MR. STEINBERG: Good morning ladies and gentlemen and welcome to Brookings. I'm Jim Steinberg, the Director of the Foreign Policy Studies Program here. And it's my privilege to welcome and introduce Senator Hillary Clinton from New York as our speaker this morning. It's a clichť when somebody comes up to start an introduction to say, of course our speaker needs no introduction--but in this case it's no clichť. Our speaker, clearly, needs no introduction to this or any other audience. She's had a remarkable...
  • Reminder: Bernie Madoff Donated Mostly to Democrats

    02/05/2016 12:47:06 PM PST · by PJ-Comix · 1 replies
    NewsBusters ^ | February 5, 2016 | P.J. Gladnick
    Many of you have probably seen the ABC miniseries, Madoff, about disgraced Wall Street investment manager Bernie Madoff who in reality ran a massive Ponzi scheme. How accurate was his portrayal by actor Richard Dreyfuss can be up for debate but what is not debatable, but now mostly forgotten, is that Madoff invested heavily in the campaigns of mostly Democrats. Just after the Madoff scandal broke in December 2008, the extent of his political contributions to Democrats was revealed by CNN.Com:
  • Consulting Firm With Clinton Ties Denies Influencing State Department Policy (Teneo)

    11/07/2015 2:06:26 AM PST · by Libloather · 9 replies
    NY Times ^ | 11/06/15 | Amy Chozick
    The head of a consulting firm founded by one of Bill Clinton's closest aides pushed back against allegations by Senator Charles E. Grassley, the Iowa Republican who is chairman of the Senate Judiciary Committee, that the firm had undue influence on Hillary Rodham Clinton's diplomatic work. In a letter to the committee in October, Declan Kelly, the Irish-born chief executive of the firm, Teneo, responded to questions about an agreement that permitted Huma Abedin, one of Mrs. Clinton's closest aides and the vice chairwoman of her campaign, to receive income both from her position at the State Department and as...
  • Judge reopens FOIA case on Hillary Clinton aide Abedin (Huma)

    06/20/2015 8:23:41 AM PDT · by PROCON · 15 replies
    politico ^ | June 19, 2015 | JOSH GERSTEIN
    Reacting to the disclosure that Hillary Clinton exclusively used a private email account during her tenure as secretary of state, a federal judge agreed Friday to reopen a conservative group's Freedom of Information Act lawsuit seeking details about the employment arrangements of top Clinton aide Huma Abedin. However, U.S. District Court Judge Emmet Sullivan declined ó for now ó to address claims from Judicial Watch that Clinton's use of the private account and server led State Department officials to commit a fraud on the court by certifying they had turned over all responsive records.
  • Favors to foundation donors date back to Hillaryís Senate days (greedy Clintons hijack US govt)

    06/11/2015 3:33:50 AM PDT · by Liz · 14 replies
    www.washingtontimes.com ^ | 6/10/15 | Kelly Riddell
    Hillary began helping Bill's fat cats in the US Senate. Earmarks and legislative action benefited Clinton Foundation benefactors. Then Sen-Clintonís efforts to provide favors to major donors......and to advance her own political ambitions.....stretch back far earlier than the avalanche of news reports about her tenure as Americaís top diplomat at the US State Dept. Records show her efforts date back to the time she served as a US senator. She used US govt power to earmark federal funds and influence legislation for donors. <><> Mrs. Clinton introduced a bill when she was New Yorkís junior senator that allowed a donor...
  • Almost 4 years after MF Global failed, Jon Corzine is reportedly getting ready for a comeback

    04/20/2015 4:35:09 AM PDT · by Enlightened1 · 28 replies
    Business Insider ^ | Myles Udland
    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...
  • Chris Christie should let Americans in on his weight loss journey

    01/11/2015 11:57:08 AM PST · by Tolerance Sucks Rocks · 63 replies
    The Washington Examiner ^ | January 11, 2015 | Beverly Hallberg
    If two out of three adults are considered to be overweight in America, it is no surprise that losing weight tops New Yearís resolutions every year. Regardless of age, race, or gender, the battle of the bulge unites many of us. Heck, I even hired a personal trainer since I canít get it together on my own. And while most of us will abandon our nutrition and exercise routines before January is over, there is a man whose dedication to health in 2015 could make all the difference in the 2016 elections. His name is Chris Christie, governor of New...
  • Jeffrey Corzine, Son Of Former NJ Governor Jon Corzine, Commits Suicide

    03/14/2014 12:12:22 PM PDT · by SeekAndFind · 18 replies
    Gothamist ^ | 03/14/2014
    Jeffrey Corzine, the youngest son of former New Jersey governor Jon Corzine, has died of an apparent suicide. He was 31 years old. The former governor's son was found dead in a Mexico City hotel room a few days ago; he was reportedly found after failing to respond to messages from friends. Corzine, who lived in California and worked as a drug counselor, had a history of substance abuse and depression. "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...
  • 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 Itís official. Jon Corzine will not be cuffed over MF Globalís improper handling of customersí funds leading up to the commodity brokerage firmís spectacular collapse in late 2011, The Post has learned. Federal investigators have found no evidence that the disgraced Wall Street titan broke the law. ďAfter 18 months of investigation, the criminal probe into Jon Corzine is now being dropped,Ē a person with knowledge of the probe told The Post. ďThere is no evidence of criminal wrongdoing,Ē this person said. The Justice Departmentís decision to drop the case is sure...
  • 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.
  • Rise of the Republican Governors - A new liberal era? Not according to these reformers.

    05/11/2013 7:04:44 PM PDT · by neverdem · 15 replies
    City Journal ^ | Spring 2013 | Steven Malanga
    Shortly after Barack Obama won reelection in November, New Jersey governor Chris Christie pointed out that Republicans¬í cloudy political prospects had a bright silver lining. ¬ďOne of the reasons you have 30 Republican governors in America, and why we¬íre the only organization to add Republican strength,¬Ē Christie said, ¬ďis because people see us getting things done.¬Ē Christie¬ís stance countered most of the elite postelection commentary, which gleefully pronounced the Republican Party¬ís political irrelevance. But the governor was right. Since Obama first took office in 2008, Republicans have picked up a net nine governorships, bringing their total to 30 states,...
  • MF Global Trustee Sues Corzine Over Firmís 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 ďgrossly negligentĒ in the lead up to the brokerage firmís collapse.
  • MF Globalís Bankruptcy Nears a Happy Conclusion (lol)

    01/30/2013 10:36:12 AM PST · by rpierce · 26 replies
    The New York Times ^ | 1/29/2013 | BEN PROTESS
    MF Globalís Bankruptcy Nears a Happy ConclusionWhen Mahesh Desai checked his MF Global account 15 months ago, his $580,000 nest egg was gone. Like thousands of investors and farmers who had their savings with MF Global, Mr. Desai lost his money in the brokerage firmís chaotic final days. Regulators discovered that $1.6 billion was trapped in a web of improper wire transfers, a stunning breach that sent federal investigators scrambling to build a case. On Thursday, a bankruptcy court will review a proposal that would return 93 percent of the missing money to customers like Mr. Desai...
  • CNBC Execís Children Murdered, 1 Day After CNBC Reports $43 Trillion Bankster Lawsuit

    10/27/2012 10:47:23 AM PDT · by opentalk · 73 replies
    Intel Hub ^ | October 26, 2012 | JG Vibes
    This week financial news organization CNBC gave some mainstream attention to the largest money laundering and racketeering lawsuit in United States History, in which ďBankstersĒ and their U.S. racketeering partners are being accused of laundering of 43 trillion dollars worth of ill gotten gains. The lawsuit is said to involve officials located in the highest offices of government and the financial sector. Since this information was surprisingly revealed by the mainstream news organization there has been a very suspicious and deadly fallout at the CNBC headquarters. Within hours the original page for the article was taken down, and CNBC senior...
  • 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 firmís 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...
  • From Hope and Change to Fear and Smear

    06/07/2012 3:36:56 AM PDT · by Kaslin · 3 replies
    Townhall.com ^ | June7, 2012 | Victor Davis Hanson
    Barack Obama lately has been accusing presumptive rival Mitt Romney of not waging his campaign in the nice (but losing) manner of John McCain in 2008. But a more marked difference can be seen in Obama himself, whose style and record bear no resemblance to his glory days of four years ago. Recently, the president purportedly has been reassuring Democratic donors that his signature achievement, Obamacare, could be readjusted in the second term -- something Republicans have promised to do for the last three years. What an evolution: We have gone from being told we would love Obamacare, to granting...
  • Obama's Tainted Bundler

    04/25/2012 4:01:28 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | April 25, 2012 | Jonah Goldberg
    Jon Corzine left Goldman Sachs with a net worth far exceeding even that of Mitt Romney today. Many accounts of his tenure at Goldman suggest he "failed up" the corporate ladder. Pushed out of Goldman in a power struggle (sparked in part by his support for a government bailout of Long-Term Capital Management), he nonetheless pocketed somewhere between $350 million and $500 million when the company went public. He used the cash to buy himself a Senate seat, spending $62 million out of his own pocket. After the Senate, he spent nearly $40 million of his own money to...
  • MF Global Roundup: the [so-far] Great Escape of "Teflon Don" Corzine; Bankruptcy Shenanigans Expose

    04/23/2012 6:52:37 PM PDT · by SatinDoll · 1 replies
    Economic Policy Journal ^ | April 22, 2012 | Bob English
    Ahead of Tuesday's Senate Banking Committee hearing on MF Global, we present the April 20 installment of Capital Account with Lauren Lyster, featuring futures industry veteran guest, Mark Melin. Ms. Lyster pulls no punches in the opener: Has the case really gone cold? Or, are those who are in charge of the investigation, the "regulators" and the trustees, simply spraying teflon on every piece of sticky evidence that could lead to criminal prosecutions--and, ultimately--the recovery of stolen customer money? We wish that MF Global were just a one-off affair--a bad apple, if you will. Unfortunately, it seems more likely to...
  • 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.)