Skip to comments.Live blog of hearing on collapse of MF Global
Posted on 03/28/2012 2:31:20 PM PDT by Eccl 10:2
Attention has returned to the bankruptcy of MF Global after a House Financial Services subcommittee hearing said its found evidence courtesy of an email from assistant treasurer Edith OBrien that ex-CEO and former New Jersey Governor Jon Corzine personally directed the transfer of client funds in the waning days of the brokerage.
(Excerpt) Read more at blogs.marketwatch.com ...
I hope they get him and can flip him before November.
Of course he’s involved.
Even if he wasn’t involved, it was his responsibility under Sarb-Ox to be involved to prevent a gigabuck-and-a-quarter from “disappearing”.
I don’t know anything about that... I can’t recall anything about that... MF Global was a very complex operations with many moving parts, and I wasn’t aware of everything that was going on on a day-to-day basis... perhaps I should have been more of a hands-on manager, but that’s not my style... I meant well... I never intentionally broke any law, not a single time...
(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 after 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 is a principal in MF Global.
"Financial genius" Corzine said "he did not know" his Senate bill benefited him.
NOTE Few US Senators 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.
Edith O’Brien refuses to testify:
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.