ZeroHedge.com: MF-er Jon Corzine (Democrat-NJ) Stole His Clients' Money

Rush Limbaugh.com ^ | November | Rush Limbaugh

[Kaslin]

BEGIN TRANSCRIPT

RUSH: I just read at ZeroHedge.com that there is a hedge fund that just shut down today. I'm not gonna mention the hedge fund 'cause I want to get confirmation on this, but the guy shuts down his hedge fund, he said, "I can't continue in good conscience to take clients' money and invest it in a rigged market." He said that this thing with Corzine's company, people do not know the real importance of what happened.

"A firm, led by a crony of the Obama regime, stole all of the non-margined cash held by customers of his firm. Let’s not sugar-coat this or make this crime seem 'complex' and 'abstract' by drowning ourselves in six-dollar words and uber-technical jargon. Jon Corzine STOLE the customer cash at MF Global. Knowing Jon Corzine, and knowing the abject lawlessness and contempt for humanity of the Marxist Obama regime and its cronies, this is not really a surprise. 'The market is rigged. I cannot in good conscience put my customers' money in the commodities market.'"

This guy is closing down his hedge fund. I'm not gonna mention the name of the hedge fund here because again, I want double, triple confirmation. ZeroHedge is a qualified website. It's a credible site, blog. The letter from the hedge fund guy sounds particularly filled with vitriol, but he's right about something. Corzine was that firm, and the customers' money is gone, and it's like $600 million of it, and it's gone, and they're trying to get it back, it's a miniature Madoff in that sense. And somebody did steal that money. Somebody at that firm, which is now bankrupt and 1,100 people or thereabouts have been laid off, somebody stole the clients' money. It is a big deal to a lot of people.

I had that sent to me and I looked at it and I said, "I'm not gonna mention this yet. Well, I'll go ahead and mention it. I'll just not mention the name of the outfit yet 'til we can confirm it." But -- (interruption) What? Oh, you're reading about it? Yeah, ZeroHedge.com and you'll find it there.

END TRANSCRIPT

[gaijin]

Thank u 4 that link.

I’m just dumbfounded.

This is pure evil.

[dynachrome]

“Do you blame her?”

Nope. I even shook her hand earlier this year, thanking her for being brave enuff to put up the vids on youtube that she did.

[Revel]

This is just the tip of the iceberg. The whole system is rigged/ corrupt. So many laws have been broken and no prosecutions.

[SunkenCiv]

Thanks Kaslin. Rush rocks out:

I'm not gonna mention the hedge fund 'cause I want to get confirmation on this, but the guy shuts down his hedge fund, he said, "I can't continue in good conscience to take clients' money and invest it in a rigged market." He said that this thing with Corzine's company, people do not know the real importance of what happened. "A firm, led by a crony of the Obama regime, stole all of the non-margined cash held by customers of his firm. Let’s not sugar-coat this or make this crime seem 'complex' and 'abstract' by drowning ourselves in six-dollar words and uber-technical jargon. Jon Corzine STOLE the customer cash at MF Global. Knowing Jon Corzine, and knowing the abject lawlessness and contempt for humanity of the Marxist Obama regime and its cronies, this is not really a surprise.

[gaijin]

OK so..if I understand correctly, the Corzine's career went like this:

1. MBA in Chicago

2. Gets to Goldman Sachs. They securitize baskets of home mortages specifically cherry-picked because they were unusually risky, then sold those baskets, and then KNOWING that high risk they then bet AGAINST those securities which they CREATED, making a obscene profits while many people were cleaned out.

Still with me?

3. Then he's guv of the state of NJ --Corzine presides over the financial collapse of that state.

4. He moves to MF Global, and then empies the firm of funds. IS THAT CORRECT, MORE OR LESS...?

[vanilla swirl]

“I’m just dumbfounded.

This is pure evil.”

stick a fork in us............

[Kaslin]

I just went to her site,

Ann Barnhardt
and she writes:

Dear Rush Limbaugh . . .

Posted by Ann Barnhardt - November 17, AD 2011 12:59 PM MST

Apparently Rush just read my "Going Galt" shutting-down-the-brokerage letter. I am humbled. Wow. And he thinks I'm a dude. :-)

Thanks to ZeroHedge.com for posting it.

I am going to head out of town for a few days, but will be checking email and messages.

Thanks to one and all for the kind support and prayers. Please be assured of mine in return, for all of us.

***There is some confusion as to what I (formerly) did for a living via BCM. I am not a "hedge fund" or a "money manager". I am an old-school commercial hedge broker specializing in CATTLE and GRAIN. Farmers, ranchers, etc. Actual hedging of actual cattle and grain using futures and options. Very old-school original.

[Billthedrill]

Hmm...I’m beginning to see a pattern there...BTT.

[dynachrome]

Haha. Thanks. Maybe she reads FR?

[gaijin]

HERE IS HER WEBSITE:

http://www.barnhardt.biz/

[Kaslin]

Maybe, who knows. LOL

[Kaslin]

I didn’t know about the MBA connection in Chicago. the first thing about him was when the liberals asked him to run for the Senate when he was at Goldman Sachs

[gaijin]

He’s also a Bilderberger and his run for NJ gov involved $70 million of his own money —the most spent in US history for a run 4 guv.

[opentalk]

from Doug Ross journal

You may know the gutsy, anti-Jihad crusader Ann Barnhardt from her use of bacon bookmarks or her shocking exposé of Islamist misogyny. But Barnhardt was also, until a day ago, a principal of Barnhardt Capital Management, a commodity brokerage that specialized in cattle and grain.

[opentalk]

from Doug Ross journal

You may know the gutsy, anti-Jihad crusader Ann Barnhardt from her use of bacon bookmarks or her shocking exposé of Islamist misogyny. But Barnhardt was also, until a day ago, a principal of Barnhardt Capital Management, a commodity brokerage that specialized in cattle and grain.

[DallasDeb]

We should all take comfort in her final words:

As for me, I can only echo the words of David: “This is the Lord’s doing; and it is wonderful in our eyes.”

[MasterGunner01]

Does anyone believe for one minute that Jon Corzine will spend one day in jail for stealing millions from his investors? Of course not . . . he’s a Democrat! Democrats are above the law.

[ArcadeQuarters]

And the story won’t end there. He’s probably fighting off job offers already.