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Staffers furious after 1,000 fired from Corzine's bankrupt firm MF Global
NEW YORK POST ^ | November 12, 2011 | KAJA WHITEHOUSE, ANTONIO ANTENUCCI

Posted on 11/12/2011 12:45:47 PM PST by george76

Screw you, Jon Corzine.

All 1,066 employees of the bankrupt trading house MF Global got the boot yesterday in a pre-holiday massacre that left workers without severance and benefits -- and they blamed only one man for their woes.

...

If Corzine were around, DiMatteo told Bloomberg News, “I would punch him in the face.”

...

Bankruptcy trustee James Giddens is still trying to find about $600 million in missing customer money. Forensic probers are trying to account for the brokerage firm’s assets, and federal agencies are investigating whether MF mixed company funds with money missing from customer accounts.

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


TOPICS: Business/Economy; Crime/Corruption; Extended News; News/Current Events; US: New Jersey; US: New York
KEYWORDS: corzine; global; joncorzine; mf; mfglobal
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21 posted on 11/12/2011 1:34:46 PM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: Signalman

Yeah, I thought so too. Gee, wait until the rest find out they are going to get screwed too.


22 posted on 11/12/2011 1:35:59 PM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: BobL; driftdiver; Navy Patriot

No you’re the jerk. I work for a competitor of MF. Their brokers, back office staff, customer service....the phone never rang more then twice 24/7 before someone picked up was unparalleled in the industry. I wished I could work for them. The folks who worked there were hard working good people with families who on the whole were free market advocates and voted republican. They worked hard long hours. So to delight in there moment of distress pretty much defines a jerk....


23 posted on 11/12/2011 1:38:41 PM PST by Blackirish
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To: Blackirish

“No you’re the jerk.”

I’m happy to take the arrows. I know those people too. I went to college with them. They had one thing in mind (hint: $$$$$$$$$$), so yea, they answered the phone. But they knew who they worked for, and if THEY CHOSE to live paycheck to paycheck, then that was their choice. I simply have no sympathy for them, given what was OBVIOUSLY going to happen.


24 posted on 11/12/2011 1:43:54 PM PST by BobL (Send Rove a Message, VOTE CAIN, no matter what)
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To: george76
still trying to find about $600 million in missing customer money.

Did they check Obama's campaign fund?

25 posted on 11/12/2011 1:48:27 PM PST by Mr. K (Physically unable to proofreed <--- oops, see?)
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To: george76

I’m shocked, just shocked.

Why?

Because Jon Corzine is a good Democrat. Good Democrats care about the little people, the common people. They have compassion for their employees. A good Democrat could never run an investment firm in this manner.


26 posted on 11/12/2011 1:50:48 PM PST by Dilbert San Diego
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To: george76

“So what if we drove our company into bankruptcy? That’s no reason to fire us.”


27 posted on 11/12/2011 1:50:48 PM PST by Brilliant
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To: Dilbert San Diego

don’t you love liberal logic?

According to liberals...businesses exist to hire people so that they can provide them with health insurance.
Really really good all-inclusive health insurance.

This is odd isn’t it?
This is a good democrat who is ....firing people?
What’s up with that?


28 posted on 11/12/2011 1:58:44 PM PST by Scotswife
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To: george76

The common denominator of all the current scandals is Marxism.


29 posted on 11/12/2011 2:01:35 PM PST by dools0007world
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To: Brilliant
They need to go down to Wall Street and asked the OWS people should they get a bailout.

The good thing they can collect 99 weeks of unemployment.

30 posted on 11/12/2011 2:03:31 PM PST by scooby321
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To: george76
Another Liberal Democrat Brain that bankrupted a company. Just think Obama called on Corzine for advice.
31 posted on 11/12/2011 2:04:39 PM PST by E.K. Crossbow
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To: george76

What are the mad at Corzine for? Corzine doesn’t work for MF Global these pissed off folks must be Tea Bagger haters. / sarc


32 posted on 11/12/2011 2:28:15 PM PST by Mike Darancette (999er for Cain.)
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To: driftdiver
Theres a thousand people and a very old company just ruined by one man, and you take joy in that? Doesnt sound like a conservative value to me.

Look on the bright side, Corzine is now available to work in the 0bama Administration.

33 posted on 11/12/2011 2:33:54 PM PST by Mike Darancette (999er for Cain.)
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To: Mike Darancette

Sadly BO doesn’t need Corzine’s help to ruin this country economically. He’s doing quite well all by hissself.


34 posted on 11/12/2011 3:59:23 PM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: BobL; Blackirish

Translated it means he applied over and over for a job at MF but wasn’t good enough and is bitter.


35 posted on 11/12/2011 4:00:52 PM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: BobL

For the record, when did it become obvious.

By the time there was revelation, me thinks it was too late. Where could they go, no where. They were trapped.

I think the same views are abound in the financial business. It is hard to tell the company is going to fail when you hire on


36 posted on 11/12/2011 4:06:35 PM PST by bert (K.E. N.P. +12 ..... Crucifixion is coming)
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To: bert

“For the record, when did it become obvious. By the time there was revelation, me thinks it was too late. Where could they go, no where. They were trapped.”

I agree that at some point they got trapped. But Cortisone has been out of power for 2 years now in New Jersey. There was certainly time for people that were willing to UNDERSTAND HIM to get away...but many didn’t. The money (and the lifestyle) was just too much to leave.


37 posted on 11/12/2011 4:11:48 PM PST by BobL (Send Rove a Message, VOTE CAIN, no matter what)
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To: driftdiver

“Translated it means he applied over and over for a job at MF but wasn’t good enough and is bitter.”

Not sure who “he” is, but I’m in Texas and I am nowhere near Cortisone. I also have enough COMMON SENSE not to hitch my career to a nutcase like him.


38 posted on 11/12/2011 4:15:28 PM PST by BobL (Send Rove a Message, VOTE CAIN, no matter what)
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To: BobL

According to the examples in the story, many of the ex-employees had been there much longer than Corzine.


39 posted on 11/12/2011 4:18:25 PM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: driftdiver

“According to the examples in the story, many of the ex-employees had been there much longer than Corzine.”

...and they were DUMB ENOUGH to stay when Cortisone took over. They got what they deserved.


40 posted on 11/12/2011 4:20:03 PM PST by BobL (Send Rove a Message, VOTE CAIN, no matter what)
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