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(The Hill)   House panel: MF Global sunk by CEO Jon Corzine, investors still looking for treasure chest of $1.6 billion   (thehill.com ) divider line
    More: Obvious, MF Global, CEO Jon Corzine, New York Federal Reserve Bank, Governor of New Jersey, House Financial Services Committee, credit rating agency  
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821 clicks; posted to Business » on 16 Nov 2012 at 3:59 PM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



25 Comments   (+0 »)
   
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2012-11-16 04:07:45 PM  
How his Corzine not in jail at this point? Scumbag through and through, regardless of his political party.
 
2012-11-16 04:21:43 PM  
That farking republican slime ball. What you expect from the get rich on the poor party.
Lousy Governor and Senator too.
Surprise Romney didn't pick him as VP.
 
2012-11-16 04:25:27 PM  
However, the report has not received the blessing of the panel's top Democrat, Rep. Michael Capuano (D-Mass.), who said he did not have enough time to review it.
"I am not co-sponsoring the majority's staff report on MF Global primarily due to an insufficient amount of time to review the report and go over it with other Democratic Subcommittee Members," he said in a statement provided to The Hill. "While I agree with a number of the report's observations and recommendations, others require additional commentary. I am preparing an addendum in conjunction with other Democratic Subcommittee Members. I appreciate Chairman Neugebauer's efforts and look forward to working with him on MF Global issues in the future."


I haven't read it, but there's stuff in there that I do and don't agree with. In the meantime:
i50.tinypic.com
 
2012-11-16 04:26:37 PM  

Dr.Mxyzptlk.: That farking republican slime ball. What you expect from the get rich on the poor party.
Lousy Governor and Senator too.
Surprise Romney didn't pick him as VP.


Are you trolling, or do you really not know that he's a Democrat?
 
2012-11-16 04:34:03 PM  

jjorsett: Dr.Mxyzptlk.: That farking republican slime ball. What you expect from the get rich on the poor party.
Lousy Governor and Senator too.
Surprise Romney didn't pick him as VP.

Are you trolling, or do you really not know that he's a Democrat?


It wasn't mentioned in the article .So I assumed who else would act like that by a republican ex Goldman Sachs solider..
 
2012-11-16 04:35:15 PM  
I am very surprised that wire transfers cannot be traced.

It's like the Feds aren't even trying anymore when it comes to Wall $treet.
 
2012-11-16 05:31:29 PM  

H31N0US: How his Corzine not in jail at this point?


Bears repeating.
 
2012-11-16 05:42:16 PM  
Nail his ass (once his due process has processed and he's found guilty)
 
2012-11-16 05:44:28 PM  

Dr.Mxyzptlk.: It wasn't mentioned in the article .So I assumed who else would act like that by a republican ex Goldman Sachs solider..


F (near the bottom of) TFA : Republicans are heaping blame on Corzine's feet for the bankruptcy. Portions of the report released by committee Republicans paint the former Democratic lawmaker as eagerly expanding the risks taken on by the firm

It's buried, but it's there.
 
2012-11-16 05:47:20 PM  

MrEricSir: H31N0US: How his Corzine not in jail at this point?

Bears repeating.


Because securities laws are a f*cking joke.
 
2012-11-16 05:49:02 PM  
Also FTA : Republicans are heaping blame on Corzine's feet

Mix metaphors much?
 
2012-11-16 05:58:54 PM  
he should be forced to watch Gallery Girls.
 
2012-11-16 06:00:24 PM  

NewportBarGuy: MrEricSir: H31N0US: How his Corzine not in jail at this point?

Bears repeating.

Because securities laws are a f*cking joke.


When folks (largely on the Left) complain about how no one has gone to jail for the fiscal meltdown and Wall Street shenanigans, a correct response is to point out how there weren't really any LAWS broken, you know, grownups being allowed to act as such and buy and sell as they saw fit. You could argue that the real crime is that stuff that occurred SHOULD'VE been illegal, but wasn't. With MF Global, LAWS WERE BROKEN, no ifs, ands, or buts.....and the SEC/CFTC/FBI says, "well, nothing to see here, move along...."
 
2012-11-16 06:04:10 PM  

BalugaJoe: he should be forced to watch Gallery Girls.


The eighth amendment of our constitution prohibits this.
 
2012-11-16 06:25:00 PM  

TomD9938: Dr.Mxyzptlk.: It wasn't mentioned in the article .So I assumed who else would act like that by a republican ex Goldman Sachs solider..

F (near the bottom of) TFA : Republicans are heaping blame on Corzine's feet for the bankruptcy. Portions of the report released by committee Republicans paint the former Democratic lawmaker as eagerly expanding the risks taken on by the firm

It's buried, but it's there.


Goldman Sachs has never had a CEO that was a Democrat.
 
2012-11-16 06:37:32 PM  

mcreadyblue: Goldman Sachs has never had a CEO that was a Democrat.


Price? Tea? China?
 
2012-11-16 06:53:04 PM  
Even if this is an overtly partisan report the key finding is that apparently no laws were broken and even though Corzine is a Democrat more importantly he is a banker and a Goldman Sachs alum which makes him untouchable on Capitol hill.
 
2012-11-16 10:28:27 PM  

runwiz: Even if this is an overtly partisan report the key finding is that apparently no laws were broken and even though Corzine is a Democrat more importantly he is a banker and a Goldman Sachs alum which makes him untouchable on Capitol hill.


Corazine only became a Democrat to win a Senate seat from New Jersey.

It was just a label for him.
 
2012-11-16 10:29:17 PM  

TomD9938: mcreadyblue: Goldman Sachs has never had a CEO that was a Democrat.

Price? Tea? China?


Corazine ran Goldman prior to entering politics.
 
2012-11-16 11:20:14 PM  

mcreadyblue: TomD9938: mcreadyblue: Goldman Sachs has never had a CEO that was a Democrat.

Price? Tea? China?

Corazine ran Goldman prior to entering politics.


Yeah... and?

I havent the first idea what that has to do with my pointing out to Dr M that Corzines party affiliation was mentioned in TFA.
 
2012-11-17 12:33:52 AM  
What I'm more concerned about with is my fellow New Jersians tried to put this man back in office.
 
2012-11-17 12:42:26 AM  

H31N0US: How his Corzine not in jail at this point? Scumbag through and through, regardless of his political party.


How his Corzine not in jail at this point? Scumbag through and through, regardless of his political party.

There.

He has friends in high places. This is certainly a non-scandal.

Dr.Mxyzptlk.: It wasn't mentioned in the article .So I assumed who else would act like that by a republican ex Goldman Sachs solider..


Hi
 
2012-11-17 07:30:29 AM  

Mrbogey: H31N0US: How his Corzine not in jail at this point? Scumbag through and through, regardless of his political party.

How his Corzine not in jail at this point? Scumbag through and through, regardless of his political party.

There.

He has friends in high places. This is certainly a non-scandal.

Dr.Mxyzptlk.: It wasn't mentioned in the article .So I assumed who else would act like that by a republican ex Goldman Sachs solider..

Hi


How ya doing !

Link 

Maybe the first step to hope and change is dropping Goldman Sachs as the farm league for Treasury.
 
2012-11-17 07:41:46 AM  
Corzine also chaired a presidential commission for Bill Clinton and served on the U.S. Treasury Department's borrowing committee.[14]

FYI. The party of the working man.

During the campaign, Corzine refused to release his income tax return records.
Name Party District Net Worth As of
1 Rep. Michael McCaul R Texas $294.21 million[1] 2011
2 Rep. Darrell Issa R California $220.40 million[1] 2011
3 Sen. John Kerry D Massachusetts $193.07 million[1] 2011
4 Sen. Jay Rockefeller D West Virginia $81.63 million[1] 2011
5 Sen. Mark Warner D Virginia $76.30 million[1] 2011
6 Rep. Jared Polis D Colorado $65.91 million[1] 2011
7 Sen. Frank Lautenberg D New Jersey $55.07 million[1] 2011
8 Sen. Richard Blumenthal D Connecticut $52.93 million[1] 2011
9 Sen. Dianne Feinstein D California $45.39 million[1] 2011
10 Rep. Vern Buchanan R Florida $44.21 million[1] 2011
525 Rep. Kristi Noem R South Dakota $-134,000 [2] 2010
526 Rep. Sean Duffy R Wisconsin $-135,000 [2] 2010
527 Rep. Sanford Bishop D Georgia $-141,000 [2] 2010
528 Rep. Linda Sanchez D California $-168,000 [2] 2010
529 Rep. Jerrold Nadler D New York $-244,000 [2] 2010
530 Rep. Laura Richardson D California $-269,000 [2] 2010
531 Rep. John Sullivan R Oklahoma $-400,000 [2] 2010
532 Rep. Barbara Lee D California $-763,000 [2] 2010
533 Rep. Ruben Hinojosa D Texas $-881,000 [2] 2010
534 Rep. Alcee Hastings D Florida $-2,219,000 [2] 2010
 
2012-11-18 10:04:28 PM  

H31N0US: How his Corzine not in jail at this point? Scumbag through and through, regardless of his political party.


It's really painful for me to say this......but I'm glad that Christie's the governor than that white-collar criminal, Goldman Sachs dildo Corzine. I could only IMAGINE the damage he might have done if left in charge of New Jersey. MF Global was just another bitter reminder that the bastards always tend to win in the end. Nobody goes to jail and the culture of fraud on Wall Street will never change.

Watching Barack Obama campaign for that farker when he was up for reelection was just enraging. It says something when the electorate New Jersey, a state basically dominated by the Democratic party throws your ass out of office.

/life-long liberal
 
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