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: