Posted on 12/09/2011 12:08:17 PM PST by Miami Vice
Jon Corzine, the former CEO of the bankrupt brokerage firm MF Global, has testified before Congress about his role in the company losing nearly a billion dollars.
His responses were tentative, claiming ignorance of events. This prompted committee member, Rep. David Scott, D-Ga., to remark that it was the "height of disbelief" for Corzine ....
(Excerpt) Read more at legalnewsline.com ...
When Democrat Obama assigned un-wanted Debt to US taxpayers by “investing” their money, it was NOT a violation of Federal rules. Obama may be re-elected.
Why stop there? What about BOND HOLDERS of GM prior to the Government take over? Forget about laws. The Federal Government by edict decided to dismiss the bond (loaned money) liabilities to actual humans, cancel the stock share liabilities to investors (or confiscate) and assign partial ownership of General Motors to the UAW (autoworkers union) so that whatever capitol was left would go to union pensions.
How can any investor or business have any more trust or confidence in the US investment economy than that of Venezuela where they just confiscate actual assets and money?
We opine about how forcing Americans to purchase a service is unconstitutional. But for the sake of law in America, what case can be made that any debt, contract, deed or trust is safe if our own government ignores limits established in the Constitution and written in thousands of page of legal judgments and legislature over the past 200 years?
The next president is going to have to make the following statement and then lead the nation in demonstrating by example,
"From this point on, no company or business or government program is to big or to important to fail. I will propose a constitutional amendment that will definitively ban the federal government from funding failing businesses through grants, loans, stock purchase or any other means short of legislated tax breaks."
It’s too bad that neither of those statements make any sense. (Literally, that is.)
Then his entire reelection campaign was based on the fact that Christie was fat and he was not. Forgetting that everyone in Jersey looks like Chris Christie, he kept up the fat ads until the voters rebelled and threw him out.
Yes, he voted for it.
I LOVE the chubbie guv! I am so glad NJ threw out corzine in favor of Christie. Seems there are indeed sane people there. I was beginning to wonder after watching the gay guv then corzine. Hope they stick with Christie. He’s the real deal.
Their strategy for now may be to let Corzine give his version. Later, they may issue subpoenas for underlings and E-mails. Subsequent information may well contradict Corzine. If they interview the underlings first, by the time Corzine is due to testify, he might take the Fifth. It might be better to get his testimony now as long as he is willing to go on the record.
Oh, the gay gov! Another disgusting human being! New Jersey really turns them out...
“I do wonder if Corzine ran it into the ditch to bail out a friend who was holding too much Euro debt. If someone needed to unload or needed the price bumped up, I wouldn’t put it past Corzine to buy the crap (with other peoples money) for a return favor.”
He did. It was reported that Soros made money from this.
I’m for waterboarding the bastard!
Oh, I think Spitzer and the blind guy who followed him are some doozies, too! Not to mention Hillary, too. Can’t claim we are any better here in NY. Did I mention Schmuckie Chuck? or my very own rep maurice hinchey? I hang my head in shame.
I have an apt. rental in NYC as well as being a homeowner in NJ. So I know all about the pols in NYC! Both Jersey and NY state seem to get the very worst pols. Really disheartening!
Well don’t let his arse off the hook.
“Pompous pecksniffian punk.......like all dems, he believes he is above all of us. I recall hearing about him flying down the interstates of NJ with total disregard to others’ safety while he was governor. Just as he did with their money.”
More on the car chase. When His driver crashed at about 90mph, “Cor-prick”
was thrown from the back seat and was pictured with his pants down around his shoes. He was traveling with his “ Secretary “. Never was an investigation on the incident. Perhaps soon the news will be about the length of his “stack”
Lets hope.
so you were ground zero for the other picture taking pecker? weiner? he was a a piece of work. gads, the list is endless of dem pervs in office.
so he was out of his seatbelt having sex with a bimbo? LMAO OMG, I missed that one. Too funny!
If the former all-star governor of New Jersey can't explain what he did with billions of dollars which just vanished, the entire system shares the same weaknesses.
Without frog-marching the guy in a perp walk and throwing away the key, it's just a matter of months until it all goes "poof".
You know, I don’t even know who my representative is in Manhattan (I can’t vote now, of course, my primary residence is Jersey). Weiner was one of the worst pigs!
Such a black eye to my beloved Brooklyn.
Holy cow! I never heard that. I always heard he was in the front passenger seat. Any links to this little bit of scuttlebutt??! Your story would make alot of sense in a way - most people don’t wear seat belts in the back seat.
-——they would have subpoenaed the people who reported to Corzine,-——
Do you mean those who have previously produced signed affidavits that are in the folder on the Congressman’s desk?
They will come later.
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