Replies

CONGRESS SHOULD BE ALL OVER THIS Abelow and Corzine misled Congress on several points:

1. When Congress asked Abelow about "previously working with Corzine," close-mouthed Abelow reluctantly mentioned being Gov Corzine's COS.

2. Abelow MADE NO MENTION of Corzine appointing him to head NJ's Dept of the Treasury---where the two con artists controlled ALL of NJ's tax assets.

3. Abelow and Corzine SHOULD have been pressed about their formation of an investment company while they were principals of NJ govt and controlled its assets. The two "financial geniuses" later said they did not know investment companies run by govt principals are illegal.

4. Abelow also failed to disclose his current position---as chairman of the EPA’s Financial Advisory Board. NOTE: The current EPA head also served in Gov Corzine's adminstration.

5. Abelow 's financial activities at EPA need top to bottom investigations. eds to know why Abelow is witholding crucial info. What does he have to hide?

========================================

POINTS TO PONDER

<><>Bradley Abelow, an MBA from Yale School of Management, served as chief of Staff to the Governor of New Jersey in the Cabinet of Gov. Jon Corzine.

<><>Corzine first appointed Abelow as State Treasurer where the two con artists had total control of all NJ assets.

<><>Abelow and Crozine were top executives at Goldman Sachs.

<><>Abelow was MF Global Chief Operating Officer; Corzine was MF's CEO.

<><> G/S alumni Chris Flowers controlled Corzine's "blind trust" while Corzine was in public office Flowers is also an MF principal.

====================================================

ANALYSIS It defies imagination and common sense that these "financial geniuses" told Congress they can't figure out where the missing $1.2 billion is.

Monies transferred in and out of MF Global continually.....all done by wire transfer------EFT. There's a clear record of when, where, and how much for EACH wire transfer......like your cell phone bill. Each call is listed, the number dialed, the time of the call, and the duration. So they absolutely know exactly who got the $$, and when it was received.

Corzine/Abelow/Flowers were not able to remove the customer funds alone. It required conspiring and colluding with most of MF's key back office personnel ........who all had to know that it was 100% illegal to do so. Yet NO ONE blew the whistle, and called the regulators? This underlines the corrupt corporate culture that predominates today on Wall Street.

So, why did they go along? Were they assured it would be put back in a day or two......that it was a temporary glitch? If they didn't agree, the firm would go under? Their jobs would be lost if they didnt go along?

Savvy observers say many MF insiders are now working out deals with the Feds, to name names and provide direct testimony as to who exactly ordered the customers' funds to be removed from the accounts.

Count on direct testimony that Corzine ordered illegal acts.......written records are also to surface. Corzine is toast. Obama and the Dems will toss him under the bus. Corzine is making a huge mistake by underestimating the anger of Jerseyans he left holding the bag----he socked us with massive debt, bankrupt state agencies, and a state pension fund 25% lighter,

Corzine departed with billions of tax assets unaccounted for. Throwing him under a bus is too good for him......considering the damage he's caused.