Posted on 03/24/2012 8:32:10 AM PDT by appeal2
Late Friday afternoon, the time when they love to release damaging news in the hope that it will get lost in the weekend spin cycle, a rehashed disclosure came out about "Knows Nothing" Jon Corzine. A memo had been located, which showed that Corzine had specifically directed that client funds be used to cover an MF Global bounced check to JP Morgan Chase. While this was a partial rehash, in light of recent findings, it adds clarity to Corzine's actions when MF hit the fan. An assistant treasurer Edith O'Brien of the MF sent the email as part of a CYA effort, to avoid being scapegoated by Corzine, for the theft.
She states that JC(Jon Corzine) directly ordered $200 million in "segregated" customer funds be used to pay the overdraft. Of course Corzine is saying that he had no idea client funds were used for this purpose. But one must doubt the veracity of this claim. Would a mid level employee take it upon herself to raid the customer's accounts, to stave off MF's collapse? A good question that needs to be answered before a grand jury. Perhaps an offer of immunity or a reduced sentence will help jar O'Brien's memory.
My oh my still another article....Looks like the plan of losing it isn't working this time.
I’d be happy if 1 out of 50 pieces on this scumbag had the words “Democrat Senator” and/or “Obama’s financial guru” in them.
Corzine and Paulson were among the leaders of Goldman Sachmans when that guy who quit GS and complained about the toxic culture. The two secret sayings of Goldman Saches are “Me FIRST” and “Getting caught is just the cost of doing business.” Note that in their dealings with the government, they made sure they got their cut.
NO!
Is Justice coming for Major Hasan who shot up Fort Hood while screaming Allah Akbar? NO! It has been two and a half years later, they still haven't tried the murderous bastard.
Is Justice Coming for Staff Sgt. Robert Bales who is accused of killing nine Afghan children and eight adults. You bet'cha regardless of his war ravaged mind and his excessive tours of duty in war zones........and then there's case of George Zimmerman killing the young Negro boy, Trayvon Martin....one huge tragedy in anyone's book!....Zimmerman was never trained in law enforcement work....he was by all accounts one fearful man. Afraid for his life, afraid of the dark, afraid of people he didn't know, afraid of shadows.....yet he still is carrying a weapon and he is still fearful of everything....
(1) rigging NJ municipal bond sales (the financial bloodline of the G/S parasites). Gov Corzine gave the woman heading up the NJ muni-bonds program a lucrative six-figure perch on the NJ/NY Pork Authority and even pumped her pension. If that's not a payoff "for services rendered", nothing is.
(2) suspicions that Gov Corzine rigged financial bombs in the $85 billion NJ pension system that will go off now that he got kicked out of NJ govt.
(3) (GLOAT) THIS COULD BRING DOWN CORZINE AND OTHER SENATORS As a US Sen, Corzine got a bill passed which gave tax benefits to a Japanese bank which had been taken over by the trustee of Jonny's "blind trust" ---- trustee C. Flowers was a G/S crony and a a principal in MF Global. "Financial genius" Corzine said "he did not know" his Senate bill benefited him.
NOTE Few US Seators knew about the bank----Jon HAD to have given inside financial tips to members of the exclusive "Senate Enrichment Club" to get the bill passed.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.