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The Mysterious Disappearance of MF Global's $630 Million (Corzine illegally co-mingled funds?)
Forbes ^ | 11/1/11 | Robert Lenzner

Posted on 11/05/2011 2:08:09 PM PDT by jimbo123

Where oh where did Corzine’s $630 million go to? The search and rescue teams are all about the mighty financial institutions madly trying to find $630 million of customers money that stupidly and unethically and perhaps illegally was commingled with MF Global’s own capital in order for the firm to stay in business and avoid that deadly credit rating reduction that was one of a number of kisses of death.

Is it at JP Morgan? At first, it was announced to be resting easily and safely at the House of Morgan. But, apparently not.

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


TOPICS: Breaking News; News/Current Events
KEYWORDS: abovethelawagain; corruption; corzine; democrats; dncrico; fraud; typicaldncrico
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To: jimbo123

21 posted on 11/05/2011 3:16:01 PM PDT by poindexter
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To: poindexter

For those who don’t know why the dog’s leg is there. It means that he is more crooked than a dog’s hind leg.


22 posted on 11/05/2011 3:37:18 PM PDT by DH (Once the tainted finger of government touches anything the rot begins)
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Return Sanity To DC


Support Free Republic

23 posted on 11/05/2011 4:22:11 PM PDT by DJ MacWoW (America! The wolves are here! What will you do?)
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To: jimbo123

Yes, apparently Gerald Celente was one of the thousands that were hammered by Corzine’s incompetence. It is interesting to see how many of these supposedly savvy financiers are taking their companies into bankruptcy. If ever there was an example of why it is important to diversify your assets, this is it.


24 posted on 11/16/2011 9:14:07 AM PST by MSF BU (YR'S Please Support our troops: JOIN THEM!)
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To: MSF BU
Gerald Celente is mad, in an interview called Corzine a Mother ***ker

link video

25 posted on 11/16/2011 10:34:09 AM PST by opentalk
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To: jimbo123

LOL!


26 posted on 11/16/2011 10:44:36 AM PST by ConservativeMind ("Humane" = "Don't pen up pets or eat meat, but allow infanticide, abortion, and euthanasia.")
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To: jimbo123

I read an article that JPMorgan has asked to be superior to the clients in the bankruptcy.

That means JPMorgan wants the money that is left BEFORE the clients will see a dime. It is scandalous. JPM filed a brief at court to request this, and there has been a brief filled to the court not to do so.

So, we will see if the courts will up hold the clients right to their own money before JPM.


27 posted on 11/16/2011 10:50:00 AM PST by TruthConquers (Delendae sunt publicae scholae)
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To: TruthConquers

Here is a link:

The Coalition of Customers of MF Global File a Motion To Release Their Funds

http://jessescrossroadscafe.blogspot.com/2011/11/ii.html


28 posted on 11/16/2011 10:52:57 AM PST by TruthConquers (Delendae sunt publicae scholae)
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Please support

**click above to donate ~~ thank you!**

29 posted on 11/16/2011 1:27:50 PM PST by STARWISE (The overlords are in place .. we are a nation under siege .. pray, go Galt & hunker dowTn)
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To: FReepers; All


FReepathon Day 47! Please Contribute Today!



30 posted on 11/16/2011 1:27:53 PM PST by onyx (PLEASE SUPPORT FREE REPUBLIC BY DONATING NOW! Sarah's New Ping List - tell me if you want on it.)
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To: jimbo123

Corzine was a former head of Goldman Sachs ... what else does any investor need to know ... the guy was the head of one of the largest criminal enterprises in the world. Investing money with Corzine is similar to dropping your virgin teenage daughter off at Occupy New York!!!!


31 posted on 11/16/2011 5:58:31 PM PST by RetiredTexasVet (There's a pill for just about everything ... except stupid!)
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To: bert

Another political insider slush fund?


32 posted on 11/17/2011 11:28:21 AM PST by GeronL (The Right to Life came before the Right to Happiness)
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To: jimbo123

MF Global’s Downfall Raises Question on Fed’s Primary Dealer Pick

http://blogs.wsj.com/deals/2011/11/01/mf-globals-downfall-raises-question-on-feds-primary-dealer-pick/

Corzine very quickly tried to make the company into a mini-Goldman Sachs. He lobbied the New York Fed to make MF Global one of the handful of banks authorized as primary dealers of U.S. treasury bonds. Corzine got his wish: The man who helped him get it was the New York Fed’s president and CEO - William Dudley - a partner at Goldman until 2007.
despite President Obama decrying ‘Wall Street Fat Cats’ - Corzine has already helped to raise at least half-million dollars for President Obama’s re-election.

http://www.foxbusiness.com/on-air/willis-report/blog/2011/11/07/jon-corzine-too-big-jail


33 posted on 11/17/2011 4:04:17 PM PST by listenhillary (Look your representatives in the eye and ask if they intend to pay off the debt. They will look away)
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To: RetiredTexasVet

Trust a liberal, you will get screwed!


34 posted on 11/18/2011 12:00:52 PM PST by GregoryFul (Obama - Jim Jones redux)
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All contributions are for the Current Quarter Expenses.
Please donate early.

35 posted on 11/18/2011 12:05:38 PM PST by RedMDer (Forward With Confidence!)
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To: jimbo123

If your online broker goes tits up and their website goes offline do you have your latest statement saved? Not that that is much in the way of proof but it’s better than nothing. I didn’t but now do.

Also, I’m thinking I need to divide my money into more than one basket.


36 posted on 11/19/2011 7:09:04 AM PST by Joe Miner
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