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(ABC)   MF Global CEO hires criminal defense attorney because of all those pesky unnecessary criminal laws. He just needs government off of his back   (abcnews.go.com) divider line 89
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5790 clicks; posted to Main » on 04 Nov 2011 at 2:20 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2011-11-04 12:40:01 PM
of course he ditched the severance package - he's already stolen more than $600 million. the extra 12 odd mill would be just plain greedy....
 
2011-11-04 01:00:41 PM
Weaver95: of course he ditched the severance package - he's already stolen more than $600 million. the extra 12 odd mill would be just plain greedy....

Too much is never enough.
 
2011-11-04 01:02:55 PM
Seriously, this company's name is "MF Global"? Why didn't they just go with "FU Global"? It would fit their sense of corporate ethics more properly.
 
vpb [TotalFark]
2011-11-04 01:15:27 PM
jake_lex: Seriously, this company's name is "MF Global"? Why didn't they just go with "FU Global"? It would fit their sense of corporate ethics more properly.

It wouldn't differentiate them from other financial services corporations.
 
2011-11-04 01:38:34 PM
If they really were taking money from customer accounts and illegally using it in other places I hope every single person involved goes to jail for the rest of their lives. Is there a point where you've stolen so much money you can be eligible for the death penalty? Because I hope that there is.
 
2011-11-04 01:40:43 PM
Thoguh: If they really were taking money from customer accounts and illegally using it in other places I hope every single person involved goes to jail for the rest of their lives. Is there a point where you've stolen so much money you can be eligible for the death penalty? Because I hope that there is.

sometimes it seems as if we give white collar criminals a pass. Every now and then we do put a CEO in jail...but it's not exactly common.
 
2011-11-04 02:15:04 PM
Meet Corzo the Clown, he's too cool for seatbelts, even though he's been thrown out of Goldman by his co-workers, thrown out of marraige by his wife, thrown out of New Jersey by the voters and soon, thrown into jail by his greed and incompetence.

This was the guy Obama wanted to replace Geithner as Treasury Secretary
 
2011-11-04 02:16:27 PM
Il Douchey: Meet Corzo the Clown, he's too cool for seatbelts, even though he's been thrown out of Goldman by his co-workers, thrown out of marraige by his wife, thrown out of New Jersey by the voters and soon, thrown into jail by his greed and incompetence.

This was the guy Obama wanted to replace Geithner as Treasury Secretary


And remember - the media thinks the OWS protesters are the bad guys....
 
2011-11-04 02:27:14 PM
Il Douchey: Meet Corzo the Clown, he's too cool for seatbelts, even though he's been thrown out of Goldman by his co-workers, thrown out of marraige by his wife, thrown out of New Jersey by the voters and soon, thrown into jail by his greed and incompetence.

This was the guy Obama wanted to replace Geithner as Treasury Secretary


As someone who endured Corzine as the governor of my state, I nodded my head to each one of your points.

tl;dr THIS
 
2011-11-04 02:27:15 PM
Thoguh: If they really were taking money from customer accounts and illegally using it in other places I hope every single person involved goes to jail for the rest of their lives. Is there a point where you've stolen so much money you can be eligible for the death penalty? Because I hope that there is.

It's actually the opposite. Steal $10 worth of cigarettes? That's 15 years in a federal penitentiary. Steal $600 million?* Get off scott-free.

*As long as you don't steal it from other rich people. This is known as the Bernie Madoff rule.
 
2011-11-04 02:27:54 PM
Weaver95: Il Douchey: Meet Corzo the Clown, he's too cool for seatbelts, even though he's been thrown out of Goldman by his co-workers, thrown out of marraige by his wife, thrown out of New Jersey by the voters and soon, thrown into jail by his greed and incompetence.

This was the guy Obama wanted to replace Geithner as Treasury Secretary

And remember - the media thinks the OWS protesters are the bad guys....


This kind of criminal activity wouldn't take place if people didn't keep pointing it out!
 
2011-11-04 02:29:05 PM
Weaver95: And remember - the media thinks the OWS protesters are the bad guys....

Many Occupy members have been arrested while protesting Goldman Sachs.
The tops news on the OWS site is about a march against Obama's collusion with bankers.

Clearly Obama is pulling the strings of OWS.
 
2011-11-04 02:30:33 PM
Don't let the door hit you in the ass on your way out!
 
2011-11-04 02:33:23 PM
Remember, even though he's driven the company into bankruptcy, he's still a "job creator" based on his amount of personal income for the year.
 
2011-11-04 02:34:11 PM
www.washingtonpost.com

25.media.tumblr.com
Show me the money, biatch!!
 
vpb [TotalFark]
2011-11-04 02:34:36 PM
Weaver95: Thoguh: If they really were taking money from customer accounts and illegally using it in other places I hope every single person involved goes to jail for the rest of their lives. Is there a point where you've stolen so much money you can be eligible for the death penalty? Because I hope that there is.

sometimes it seems as if we give white collar criminals a pass. Every now and then we do put a CEO in jail...but it's not exactly common.


That's the beautiful thing about a corporation. You have the corporation do the illegal things and it can't be sent to prison, and the people who own the corporation aren't responsible for any debt or fines against the corporation. If you are the CEO, just say you didn't know what was going on. It's obvious BS but it is very difficult to prove otherwise.

Corporation: An ingenious device for obtaining individual profit without
individual responsibility.
-- Ambrose Bierce: "The Devil's Dictionary"
 
2011-11-04 02:35:58 PM
This is Jon Corzine we're talking about here. He IS the law.
 
2011-11-04 02:38:10 PM
F this MFer in the A
 
2011-11-04 02:38:49 PM
600 million? That's only what they have found so far.

/won't serve one day in jail.
 
2011-11-04 02:38:56 PM
vpb: That's the beautiful thing about a corporation. You have the corporation do the illegal things and it can't be sent to prison, and the people who own the corporation aren't responsible for any debt or fines against the corporation. If you are the CEO, just say you didn't know what was going on. It's obvious BS but it is very difficult to prove otherwise.

Corporation: An ingenious device for obtaining individual profit without
individual responsibility.
-- Ambrose Bierce: "The Devil's Dictionary"


Please. Do you know anything about the law?
 
2011-11-04 02:39:16 PM
I object to classifying the funds which cannot be accounted for as "missing" in any way. We know exactly where they went, and where they are. If necessary, we can go get them. If that drives a few overcompensated hacks into personal bankruptcy, then so be it...
 
2011-11-04 02:43:02 PM
Hydra: Please. Do you know anything about the law?

That's pretty much what vpb just outlined. I do not understand your objection.
 
2011-11-04 02:45:08 PM
lefty201: 600 million? That's only what they have found so far.

/won't serve one day in jail.


Jail is reserved for people who steal LESS than $1mil. Steal a six pack? Go to jail. Steal an entire BANK?

"Meh."
 
2011-11-04 02:45:47 PM
"My Friend" Global?
 
2011-11-04 02:49:34 PM

Hydra


vpb:

Corporation: An ingenious device for obtaining individual profit without
individual responsibility.
-- Ambrose Bierce: "The Devil's Dictionary"

Please. Do you know anything about the law?


Do YOU know anything about Ambrose Bierce?
 
2011-11-04 02:52:17 PM
Thoguh: If they really were taking money from customer accounts and illegally using it in other places I hope every single person involved goes to jail for the rest of their lives. Is there a point where you've stolen so much money you can be eligible for the death penalty? Because I hope that there is.

Nope, corporations are people.
 
2011-11-04 02:53:39 PM
illegal.tender: lefty201: 600 million? That's only what they have found so far.

/won't serve one day in jail.

Jail is reserved for people who steal LESS than $1mil. Steal a six pack? Go to jail. Steal an entire BANK?

"Meh."


"We sort of go....um, well done! You must get up VERY early in the morning!"
 
2011-11-04 02:53:45 PM
They should put him in charge of the Fed.
 
2011-11-04 02:54:08 PM
Well, he is a good friend of 0bama.

So waiting for that image to put in context how a guy like this is so politically connected. Where is the OWS when you need them to publicize the connection between Wall Street and politics?
 
2011-11-04 02:54:14 PM
He would've looked less guilty had he taken the money
 
2011-11-04 02:55:43 PM
Clearly this wouldn't have happened if Obama had given this job creator a tax cut.

Thanks again, Socialistobama.
 
2011-11-04 03:00:02 PM
Thoguh: If they really were taking money from customer accounts and illegally using it in other places I hope every single person involved goes to jail for the rest of their lives. Is there a point where you've stolen so much money you can be eligible for the death penalty? Because I hope that there is.

See all those people in DC...the ones in suits? They are all still alive.
 
2011-11-04 03:03:32 PM
cefm: Remember, even though he's driven the company into bankruptcy, he's still a "job creator" based on his amount of personal income for the year.

Spanky_McFarksalot: Clearly this wouldn't have happened if Obama had given this job creator a tax cut.

Thanks again, Socialistobama.


These.

A recession just isn't the time to be sending job-creators to jail.
 
2011-11-04 03:05:23 PM
He wasn't satisfied bankrupting New Jersey- he had to do it to MF Global too. What kind of an arrogant idiot would sign off on a business plan where you're leveraged 40 to 1? (Much less the $700,000,000.00 missing from the company.)

Everything that man touches turns to sh*t, who the hell would have invested in his company to begin with?
 
2011-11-04 03:05:48 PM
I wonder what the rich people he robbed thing about deregulation?
 
2011-11-04 03:06:29 PM
Spanky_McFarksalot: Clearly this wouldn't have happened if Obama had given this job creator a tax cut.

Thanks again, Socialistobama.


He's not a job creator. He's a tax and spend liberal democrat.
 
2011-11-04 03:06:48 PM
Hydra: vpb: That's the beautiful thing about a corporation. You have the corporation do the illegal things and it can't be sent to prison, and the people who own the corporation aren't responsible for any debt or fines against the corporation. If you are the CEO, just say you didn't know what was going on. It's obvious BS but it is very difficult to prove otherwise.

Corporation: An ingenious device for obtaining individual profit without
individual responsibility.
-- Ambrose Bierce: "The Devil's Dictionary"

Please. Do you know anything about the law?


Also, see Piercing the corporate veil

/Looking forward to seeing MF Global get 'pierced'
 
2011-11-04 03:07:32 PM
Leeds: He wasn't satisfied bankrupting New Jersey- he had to do it to MF Global too. What kind of an arrogant idiot would sign off on a business plan where you're leveraged 40 to 1? (Much less the $700,000,000.00 missing from the company.)

Everything that man touches turns to sh*t, who the hell would have invested in his company to begin with?



drlillianglassbodylanguageblog.files.wordpress.com

About that....
 
2011-11-04 03:07:40 PM
Spanky_McFarksalot: Clearly this wouldn't have happened if Obama had given this job creator a tax cut.

Thanks again, Socialistobama.


Anyone that thinks he did something wrong is just a backward conservative holding on to an absolutist moral code. Ethics are situational, subjective and flexible. Who are we to judge another's actions? What is right or wrong in WASP culture may not be what is right or wrong for others. We should be more tolerant of his ethnicity.
 
2011-11-04 03:08:52 PM
Leeds: Spanky_McFarksalot: Clearly this wouldn't have happened if Obama had given this job creator a tax cut.

Thanks again, Socialistobama.

He's not a job creator. He's a tax and spend liberal democrat.


By the republicans calculations, he's a job creator, because he has/had tons of money, as long as he wasn't taxed to death.
 
2011-11-04 03:10:08 PM
jake_lex: Seriously, this company's name is "MF Global"? Why didn't they just go with "FU Global"? It would fit their sense of corporate ethics more properly.

WIN
 
2011-11-04 03:11:59 PM
Damn government regulation...since when does the government have any interest in how you rip people off? So, you're going to put this Job Creator in jail? Where in the constitution does it say you can do that?
 
2011-11-04 03:12:12 PM
vpb: jake_lex: Seriously, this company's name is "MF Global"? Why didn't they just go with "FU Global"? It would fit their sense of corporate ethics more properly.

It wouldn't differentiate them from other financial services corporations.


*snerk* Nice.
 
2011-11-04 03:12:39 PM
Minimally Hairy Beer-Powered Simian: Leeds: Spanky_McFarksalot: Clearly this wouldn't have happened if Obama had given this job creator a tax cut.

Thanks again, Socialistobama.

He's not a job creator. He's a tax and spend liberal democrat.

By the republicans calculations, he's a job creator, because he has/had tons of money, as long as he wasn't taxed to death.


If that's the threshold you're using, I bet he is a job creator.

How many people were enriched when he spent 700 million on hookers and blow? Think of all the coca growers, smugglers, corrupt border agents, dirty cops, child traffickers, abortion doctors and limo drivers he must have employed as he blew through all that cash.
 
2011-11-04 03:13:05 PM
Just so long as no one is held monetarily accountable for this mess. After all, investors knew they were taking a risk, right?

And please, make sure no individuals can deduct their losses in full. After all, like 47% of them don't even pay taxes, right? Why should they get a deductions?

The corporation, on the other hand - why just think of all the jobs they've provided over the years. That ought to count for something. Let them deduct all of their losses, and allow they to apply the loss to prior and future years so they get all thems monies back.
DON'T YOU DARE REDISTRIBUTE THEIR WEALTH, YA GODDAMN SOCIALISTS!
 
2011-11-04 03:27:00 PM
This here is what is known as a leitmotif:

Democrat: Jon Corzine, Former Gov. of NJ, Now Head of MF Global, Obama's top fundraiser. (This story is still unraveling!).

Democrat: Lloyd Blanfein, CEO of Goldman Sachs

Democrat: James Dimon, CEO of JP Morgan

Democrat: John Mack, Chairman, Morgan Stanley - early Hillary for Prez supporter and hired Bill Clinton for his Boobies presidential (remember, he left in shame) speech.

Democrat: Warren Buffet, Wall St billionaire and CEO of Berkshire Hathaway

Democrat: George Soro Sr, Wall St billionaire who currently is short the dollar through his purchase of $660 million of Spyder Gold Fund at prices between $800-$900 per ounce of gold, after Obama was elected. Started and funds Moveon.org, Center for American Progress, and Media Matters.

Democrat: Bernie Madoff, former president of NASDAQ stock market and swindler extraordinaire.

Democrat: Michael Milken, Wall Street junk bond king and convicted swindler.

Democrat: Hillary Clinton, perhaps the greatest derivatives trader in all of history!
 
2011-11-04 03:31:01 PM
david_gaithersburg: This here is what is known as a leitmotif:

Democrat: Jon Corzine, Former Gov. of NJ, Now Head of MF Global, Obama's top fundraiser. (This story is still unraveling!).

Democrat: Lloyd Blanfein, CEO of Goldman Sachs

Democrat: James Dimon, CEO of JP Morgan

Democrat: John Mack, Chairman, Morgan Stanley - early Hillary for Prez supporter and hired Bill Clinton for his Boobies presidential (remember, he left in shame) speech.

Democrat: Warren Buffet, Wall St billionaire and CEO of Berkshire Hathaway

Democrat: George Soro Sr, Wall St billionaire who currently is short the dollar through his purchase of $660 million of Spyder Gold Fund at prices between $800-$900 per ounce of gold, after Obama was elected. Started and funds Moveon.org, Center for American Progress, and Media Matters.

Democrat: Bernie Madoff, former president of NASDAQ stock market and swindler extraordinaire.

Democrat: Michael Milken, Wall Street junk bond king and convicted swindler.

Democrat: Hillary Clinton, perhaps the greatest derivatives trader in all of history!


The 1% is not partisan. If you think this is a Democrat/Republican issue, or that there are "sides" here, then you are delusional.
 
2011-11-04 03:31:22 PM
i41.tinypic.com
HOPE & STOLEN CHANGE
 
2011-11-04 03:37:49 PM
illegal.tender: david_gaithersburg: This here is what is known as a leitmotif:

Democrat: Jon Corzine, Former Gov. of NJ, Now Head of MF Global, Obama's top fundraiser. (This story is still unraveling!).

Democrat: Lloyd Blanfein, CEO of Goldman Sachs

Democrat: James Dimon, CEO of JP Morgan

Democrat: John Mack, Chairman, Morgan Stanley - early Hillary for Prez supporter and hired Bill Clinton for his Boobies presidential (remember, he left in shame) speech.

Democrat: Warren Buffet, Wall St billionaire and CEO of Berkshire Hathaway

Democrat: George Soro Sr, Wall St billionaire who currently is short the dollar through his purchase of $660 million of Spyder Gold Fund at prices between $800-$900 per ounce of gold, after Obama was elected. Started and funds Moveon.org, Center for American Progress, and Media Matters.

Democrat: Bernie Madoff, former president of NASDAQ stock market and swindler extraordinaire.

Democrat: Michael Milken, Wall Street junk bond king and convicted swindler.

Democrat: Hillary Clinton, perhaps the greatest derivatives trader in all of history!

The 1% is not partisan. If you think this is a Democrat/Republican issue, or that there are "sides" here, then you are delusional.


+================================

Based on my real life experience the so called 1% is clearly partisan. Conservatives tend to make money by producing goods and services needed by society, and in turn they employ many.

Liberals on the other hand tend to make money by suing people and raiding retirement accounts. Take a close look at places like Northern NJ, NYC, and Connecticut. These are not conservative strongholds by any stretch of the imagination.
 
2011-11-04 03:37:55 PM
david_gaithersburg: This here is what is known as a leitmotif:

Democrat: Jon Corzine, Former Gov. of NJ, Now Head of MF Global, Obama's top fundraiser. (This story is still unraveling!).

Democrat: Lloyd Blanfein, CEO of Goldman Sachs

Democrat: James Dimon, CEO of JP Morgan

Democrat: John Mack, Chairman, Morgan Stanley - early Hillary for Prez supporter and hired Bill Clinton for his Boobies presidential (remember, he left in shame) speech.

Democrat: Warren Buffet, Wall St billionaire and CEO of Berkshire Hathaway

Democrat: George Soro Sr, Wall St billionaire who currently is short the dollar through his purchase of $660 million of Spyder Gold Fund at prices between $800-$900 per ounce of gold, after Obama was elected. Started and funds Moveon.org, Center for American Progress, and Media Matters.

Democrat: Bernie Madoff, former president of NASDAQ stock market and swindler extraordinaire.

Democrat: Michael Milken, Wall Street junk bond king and convicted swindler.

Democrat: Hillary Clinton, perhaps the greatest derivatives trader in all of history!


Of course, you fool. Everyone know the goddamn democrats are too blame for all bad thingees.

SO VOTE REPUBLICAN. THEY ARE NOTHING LIKE DEMOCRATS AT ALL. They will help us help ourselves to fix our problems. The only ONLY reason they haven't been able to do a damn thing since the people gave them their directive in the 2010 election is because

OBAMA
 
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