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Posted on 11/04/2011 5:10:28 AM PDT by Second Amendment First
Jon S. Corzine has hired Andrew J. Levander, a leading white-collar criminal defense lawyer, according to three people briefed on the matter, as the former New Jersey governor deals with fallout from the collapse of MF Global, the brokerage firm he has run since last year.
Federal authorities including the Federal Bureau of Investigation and the Securities and Exchange Commission are investigating the $630 million in missing customer funds at MF Global.
Mr. Levander could not be reached as he is out of the country, according to his assistant. He did not return an email seeking comment. Daniel O’Donnell, the chief executive of his law firm, Dechert, declined to comment.
In Mr. Levander, the chairman of Dechert, Mr. Corzine has retained a New York lawyer who is no stranger to defending prominent Wall Street executives. He represented John Thain, the former chief executive at Merrill Lynch, in a government inquiry related his role in Merrill’s sale to Bank of America. Ezra Merkin, a hedge fund manager who invested with Bernard L. Madoff, hired Mr. Levander to defend him against a New York attorney general’s lawsuit connected to the Madoff case.
“Andy is not just smart but has a deep understanding of the investigative process,” said Steven M. Cohen, a defense lawyer at Zuckerman Spaeder in New York and the former top aide to Governor Andrew M. Cuomo. “He understands how cases are built and therefore how they are defended.”
(Excerpt) Read more at dealbook.nytimes.com ...
Criminal Corzine hires criminal attorney. LOL
Please delete my posts. Already posted, and my mouse is sticking.
“He has also apparently resigned and turned down the $12 million golden parachute.”
Allegedly. But why worry about the $12 mil if you have stashed $630 mil?
He was only going to get that if he managed to find a white knight to buy the company...that fell through last weekend. I hope he loses every last dime, then gets tucked away in prison. Crony capitalism, thy name is Corzine. Arrogant crook.
Somewhere, Chris Christie is smiling.
More recent disclosures put that figure at 1.5 billion in missing customer funds.
Seen any “culture of corruption” meme in the MSM?
(Didn’t think so).
Re hiring criminal attorney: “He meant well when he ‘temporarily borrowed’ the segregated client funds to meet the collateral calls on his trade.” I can hear it now!
Nowhere in the article does it state that Corzine is a democrat.
Maybe he can be put with former Governor Rod Blagojevich so that they can start a Governor Rows in prison, kind of like Murderers Row.
Lord, I plead with you that this man goes to prison for a long, long time. Amen.
Mr. Madoff meet your new cell mate.
Blago hasn’t been sentenced, yet. I’m not a fan of Blago but I think he got the shaft.
Do I really have to say it?
He was the fall guy for the Chicago group.
What is surprising ( or maybe I should say NOT surprising) is that not one of the admin staff who actually moved the funds in and out, and who had to know that it was illegal, didn't refuse, and call the FBI or SEC..
Agree 100%. I'm waiting to hear the lame excuse on this from Corazine himself!
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