Priceless. ;-)
Posted on 11/04/2011 5:39:24 AM PDT by Sub-Driver
Corzine Resigns From MF Global By DOW JONES NEWSWIRES
MF Global Holdings Ltd. said Chief Executive Jon Corzine had resigned all posts with the firm and won't seek severance payments.
Bradley I. Abelow, the company's president, and Edward L. Goldberg, the lead director, will retain their posts, MF Global said, confirming a report on CNBC.
The broker-dealer filed for bankruptcy protection on Monday amid questions about its bookkeeping and whether it had properly segregated customer funds.
(Excerpt) Read more at online.wsj.com ...
“Damn he was that close to being Obama’s Treasury Secretary”
If he did the headline would read Ponzi schemer replaces tax cheat as Treasury secretary
Prior to taking over MF Global, Corzine ran Goldman Sachs & Co, and was a senator and governor of New Jersey.
Priceless.
Bradley I. Abelow, the company’s president, was Corzine’s chief of staff when Corzine was Governor of NJ. Corzine previously had appointed him Treasurer of NJ.
Yoo-hoo...Politico?
Corzine will soon be leading the “Occupy Jail Cells” bunch
Prison is where he belongs. Yet he won’t get it. They will let him walk.
Priceless. ;-)
Always suspected Corzine was scum. I thought his wealth was amassed as “timer” on Wall Street. Looks like he is an outright thief as well.
The really sad part is the NJ voters who put this bum in office as NJ Gov. will never own up to their grossly poor judgement.
Having fled NJ in Sept. 2010 I no longer am burdened with having to attempt to live under Demrat/RINO regimes. Can’t believe how much more free the air is in SC. Has a few problems, but the people here are dedicated to the Constitution and our God-given inalien rights to life, liberty and the pursuit of happiness.
But he's also a former Senator. They can get away with murder. Literally.
Just another corrupt ‘RAT politician and Obama campaign donor..nothing to see here...keep it moving!
Now that’s there nothing left to steal....
See, what I mean!
So Corzine took a massive suicidal position on European PIIG bonds with, I'm assuming, the big banks as the counter-party.
And let's be crystal clear on one thing: that son of a bitch Corzine knew EXACTLY what he was doing. This isn't a case of “stupid”. This is stone-cold malice aforethought.
When the MF position got bad, Corzine stole the cash in the segregated MF customer accounts and sent it to the big banks, which will now send a cut to Obama. And the CFTC, who, along with the Chicago Mercantile Exchange, were the responsible regulatory bodies, is now calling this a simple case of firm failure and a shining example of capitalism.
THIS coming from the same Obama regime who has been handing out $500 million dollar government “loans” right and left to fake solar companies set up by political cronies that they KNEW would fail, were set up to fail, and were purely a means to loot the United States Treasury. The gall of these Marxist scumbags to turn around and lecture anyone on capitalism and “freedom to fail” is beyond the pale. It's just evil. That's what it is. It's evil incarnate.
Up next: Look for all MF clients to be branded and vilified by the Obama regime and the media as uber-wealthy “1%” greedy fat-cats who deserved to lose their money. After all, only evil, greedy billionaires trade futures.
Yeah, like my friend in Abilene, Texas who works his butt off as an cattle order buyer. Or my friend in Meade, KS who backgrounds feeder cattle. Yeah. They're “billionaires” who deserve to have their money stolen.
Inalien should have read inaliable. Sorry.
Another fine product of the garden state gone full Soprano.
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