Jon Corzine, Ex-MF Global CEO, Is Considering Starting A Hedge Fund

This former US Senator, former NJ Gov, former CEO of GOLDMAN SACHS...current Crook, thief and sleeze...should be in jail...not trying to start a hedgefund

This is a classic example of lpasts PIG AT THE TROUGH....perfect description.



Jon Corzine would like you to trust him with your money. And what could possibly go wrong?
That's right. Corzine, the former CEO of now-bankrupt MF Global, the company that lost hundred of million of dollars in customers funds, is mulling starting a hedge fund, The New York Times reports, citing “people with knowledge of his plans.”


Luckily, Corzine should have the time to open his hedge fund should he want to. That's because he likely won’t be bogged down by criminal charges and annoying things like that, according to the NYT. Despite overseeing the loss of so many customer funds before their firm collapsed -- you may remember a cringe-worthy December hearing in which Corzine told lawmakers “I simply do not know where the money is” -- Corzine and other MF Global executives will likely escape the probe relatively unscathed.
That is, if you don't think about the money. James Giddens, the trustee overseeing MF Global’s bankruptcy, agreed to work with lawyers accusing MF Global executives of not taking care of customer money, according to the Wall Street Journal. The move could speed up the progress of the lawsuits by giving the lawyers access to documents that Gibbens gathered as part of his probe.



Jon Corzine, Ex-MF Global CEO, Is Considering Starting A Hedge Fund

Guess he needs to hurry and bundle more money for Obama. Sure that "get out of jail free" card has an expiration date!

Fishstyx said:

Guess he needs to hurry and bundle more money for Obama. Sure that "get out of jail free" card has an expiration date!

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Has nothing to do with obama...

lpast said:

Has nothing to do with obama...

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Except the fact that his Administration (Holder/DOJ) didn't assign a special prosecutor to the case. Should have been done based on the connections Corzine had to the Obama administration via being a major bundler as well as Holder's former law firm Covington and Burling representing Goldman Sachs while Corzine was the CEO.

Results might have been the same but at least it removes a SEVERE conflict of interest.

Fishstyx said:

Except the fact that his Administration (Holder/DOJ) didn't assign a special prosecutor to the case. Should have been done based on the connections Corzine had to the Obama administration via being a major bundler as well as Holder's former law firm Covington and Burling representing Goldman Sachs while Corzine was the CEO.

Results might have been the same but at least it removes a SEVERE conflict of interest.

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I do not disagree corzine should be in jail for what he did

lpast said:

I do not disagree corzine should be in jail for what he did

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Probably should be. Guess we'll never know. If this would have been handled properly, we might have.

Fishstyx said:

Probably should be. Guess we'll never know. If this would have been handled properly, we might have.

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I had more respect for John Gotti than scum like Corzine

He should be in jail but that would violate the "too big to jail" principle that the donkeys and elephant believe in. The really sad part is despite espisodes like this, Wachovia Laundering, HSBC Laundering, Upper Big Branch Mine disaster and Bradley Birkenfeld ,the whistleblower, going to jail there are people who will swear up and down that there is no such thing as a class war. Madoff ripped off people like Corzine not farmers that's why he went to jail. The only thing sadder are the people who think a donkey or elephant are going to stop this