(1) As a US Senator, Jonny got legislation passed which benefited an investment made by his "blind trust"---Jon said "he did not know" the law he sponsored benfited him.
(2) As NJ governor, Jonny installed G/S pal Brad Abelow as NJ Treasury head --Abelow oversaw all monies that come into NJ. So when Jon an Brad started an investment company, Corzine said "he did not know" that it was illegal for state officials to do so.
(3) As head of MF Global---Jonny and pal Brad Abelow (an MF Global principal) told Congress "he did not know" what happened to $1.4 billion missing investor money.
(4) When Jonny sent $5000 to bailout a woman charged w/ stalking, Jonny said "he did not know" what she was in jail for.
And that's how Jonny became a G/S biggie w/ a $350 million exit pkg....he played dumb (/snix).
TWO THINGS NEED TO BE DONE AT ONCE:
(A) They need to go after Bill Clinton---Last Dec, a former MF Global employee accused former president Bill Clinton of collecting $50,000 per month through his Teneo advisory firm in the months before MFG careened towards its Halloween filing for Chapter 11 bankruptcy, reports Human Events.
Teneo was hired by MF Global’s former CEO Jon S. Corzine to improve his image and to enhance his connections with Clinton’s political family, said the employee, who asked that his name be withheld because he feared retribution, according to HE. The Teneo contract with MF Global lasted at least five months, the souce said. “The board cancelled it after Corzine resigned.”
The source, who is no longer associated with MF Global, said Teneo is a dual-track company with one side devoted to merchant and investment banking and the other side set up to provide image and strategy consulting services. Clinton is the chairman of the company’s advisory board.
The trustee for investors threatened to sue JPMC bank if they did not return the monies.
(B) They need to mobilize the Bank Secrecy Act---in which banks are required to establish, implement and maintain programs designed to detect and report suspicious activity indicative of money laundering and other financial crimes.
“The Bank Secrecy Act was enacted to protect the public from harm by identifying and detecting money laundering from criminal enterprises, terrorism, tax evasion or other unlawful activities,” the special agent in charge for Internal Revenue Service Criminal Investigation, explained.
L/E needs to examine Corzine and Clinton's bank accounts
<><> Joint bank accounts might be used to facilitate the transfer of of govt funds. MFG monies may pay for personal and private expenses, credit cards, real estate sunsidies and vehicle purchases.
<><> To cover their tracks, fake invoices might be created to show that money deposited into accounts was being used for legitimate investment purposes.
The scheme might be advanced by issuing phony statements of payments from financial sources that actually covered the transfer of funds for MFG insiders own use.
<><> L/E is directed to get ahold of: (1) copies of MFG checks, (2) wire transfers, (3) account statements, (4) invoices, (5) bills, (6) delivery tickets, (7) correspondence including e-mail, contracts, loan agreements, and, (8) any other books or records. L/E should also explore (a) monies paid to brokers, sub-brokers, (b) family members, (c) mortgage brokers, (d) financial managers, and, (e) real estate agents, brokers, and developers.
<><> L/E should scrutinize MFG bank accounts for suspicious activites: (A) large deposits, (B) funds transferred from one account into another, (C) frequent requests for withdrawals.
Was just going to ping you, and there you were! lol
What results do you think will come from this lawsuit?